£450,000
11 bed terraced house for saleNorth Road East, Plymouth, Devon PL4
11 beds
4 baths
4 receptions
Added on
About this property
Prime city-centre property in a busy student district near the university campus
Offers a rare investment and development opportunity
Currently operating under Commercial Class C2 use
Strong potential for redevelopment, subject to planning approval
Suitable for conversion into self-contained apartments or a premium HMO
High demand from both student and professional tenants in the area
Property spans four floors with a spacious layout
Includes 11 bedrooms, 4 living rooms, 4 kitchens, and 4 bathrooms
Excellent condition throughout, helping reduce refurbishment costs
Strong long-term investment potential in a highly desirable location
A Rare and Exceptionally Exciting Development Opportunity in the Heart of the City Positioned in the very heart of the city's thriving student district and just moments from the university campus, this substantial and impeccably maintained property presents a unique opportunity for investors and developers alike. Currently operating under Commercial Class C2 use, the property offers exceptional scope for redevelopment and repositioning, subject to the necessary planning consents.
Maintained to an outstanding standard throughout, the building is ideally suited for conversion into a collection of self-contained apartments or a premium House in Multiple Occupation (HMO), capitalising on the strong and consistent demand from both student and professional tenants.
The accommodation is laid out over four floors with 11bedrooms, 4 living rooms, 4 kitchens and 4 bathrooms. Having previously operated as both individual dwellings and an HMO, the property's existing configuration lends itself naturally to a variety of residential redevelopment strategies. Its excellent condition offers the significant advantage of reducing refurbishment costs while enabling a faster route to income generation.
Opportunities of this scale and quality in such a prime university location are increasingly rare. Combining a flexible layout, strong redevelopment potential, and a highly sought-after position, this property represents an outstanding investment with the potential to deliver substantial long-term returns.
Early inspection is highly recommended to appreciate the size, versatility, and exceptional potential of this remarkable city-centre property.
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