Greenbank Plymouth, Devon · PL4
Chedworth Street, PL4 8NT
none · Originally listed at £160,000
Guide Price £155,000–£160,000
An opportunity to acquire a two-bedroom freehold investment property currently let to students who have expressed an interest in remaining at the property until completing their studies in 2027 providing immediate rental income and ongoing stability for an investor.
Based on the current asking price range of £155,000 to £160,000, the property is currently generating approximately £14,040 per annum from two occupied rooms, producing £130pw and £140pw respectively. This equates to £1,170pcm and delivers a gross yield of approx. 8.78% to 9.06%.
The home, in the agent’s words
- £155,000–£160,000
- Tenants expressing an interest to remain until 2027
- £14,040 per annum income
- Approx. £1,170pcm
- Approx. 8.78%–9.06% gross
- Income-producing investment opportunity
Read the full agent description
Guide Price £155,000–£160,000
An opportunity to acquire a two-bedroom freehold investment property currently let to students who have expressed an interest in remaining at the property until completing their studies in 2027 providing immediate rental income and ongoing stability for an investor.
Based on the current asking price range of £155,000 to £160,000, the property is currently generating approximately £14,040 per annum from two occupied rooms, producing £130pw and £140pw respectively. This equates to £1,170pcm and delivers a gross yield of approx. 8.78% to 9.06%.
Chedworth Street offers a straightforward, income-producing investment with tenants already in place, making it ideal for both experienced landlords looking to expand a portfolio and buyers seeking a ready-made investment from day one.
There is also future flexibility for the property to operate as a standard residential let if desired, although the current room-by-room student setup is where the stronger return is currently achieved.
Key Information
A feel for the area
Connected for everyday life
100%of homes in the postcode can access 100+ Mbps broadband.
Available speed bands
- 30+ Mbps
- 100%
- 100+ Mbps
- 100%
- 300+ Mbps
- 100%
- 1,000+ Mbps
- 100%
Getting about
0.6 milesto Plymouth Rail Station
Approximate straight-line distance · DfT NaPTAN · 13 Sept 2026Background air quality
- Fine particles · PM₂.₅
- 5.7 µg/m³ · Above the WHO guideline · well within the UK legal limit
- Nitrogen dioxide · NO₂
- 9.5 µg/m³ · Meets the WHO guideline
Annual background levels. For scale: the WHO 2021 guideline is 5 µg/m³ for PM₂.₅ and 10 for NO₂; the UK legal limit is 20 and 40. Lower is better; this is a 1 km model, not a reading at the door.
Defra · 2024 annual model · 1 km areaLocal information is approximate. Distances are straight-line estimates from the available location. Broadband describes postcode coverage, not the speed or service available at this home; check the address with a provider. Air quality is a modelled annual background estimate.
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The information provided in this listing is for general information purposes only and does not constitute property particulars. We make no warranties or guarantees, express or implied, regarding the accuracy, completeness, or availability of the information.
Property details are provided by the listing agent, developer, or other third parties, and we have no control over the content provided. Prospective buyers or tenants should make their own enquiries and verify all information directly with the agent or relevant party.
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