Freehold Block of Two Apartments

Situated within a central location in Plymouth, close to Plymouth University and the city centre, is this mid-terrace freehold investment opportunity. The building is currently arranged as a one bedroom ground floor flat and a three bedroom first and second floor maisonette. Both self contained flats are tenanted on Assured Shorthold Tenancy Agreements and are currently producing an annual gross income of £11,700 PA. This is an opportunity to purchase an ongoing investment opportunity in a popular letting area with the potential for increase in line with current market value.

Tenure

Freehold

AUCTIONEERS NOTE

The property has been let for a number of years with Clear Lettings and is being sold as an ongoing investment. For further tenancy information, please visit the legal pack which is available to download via our website free of charge. Please note, the photographs which are date stamped are of the first/second floor maisonette prior to letting. The remainder of the internal photographs are of the ground floor flat.

ACCOMMODATION

GROUND FLOOR FLAT Sitting Room - 3.78m x 4.53m Bedroom - 3.82m x 3.72m Kitchen - 2.78m x 2.49m Bathroom - 2.78m x 1.22m FIRST & SECOND FLOOR MAISONETTE Sitting Room - 5.63m x 3.82m Kitchen/Diner - 3.32m x 3.85m Bathroom - 3.10m 1.65m Bedroom One - 3.85m x 3.83m Bedroom Two - 3.14m x 3.84m Bedroom Three - 2.42m x 2.83m OUTSIDE Rear Courtyard

VIEWINGS

Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Energy Efficiency Rating (EPC)

Current Rating GFF 62D FFF 72C

Local Authority

Plymouth City Council

Solicitors

22 Law Solicitors, 22 Front Street, Ref: Claire Stanton, Tel: 0191 488 4950

Offered in association with

Ideal Homes

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.