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2 Bed 2 Bed Flat in Plymouth £145,000

REF: PLY0589
Offers over £145,000 Beds: 2 Bathrooms: 1 Type: 2 Bed Flat

Property Features

  • *** INVESTORS ONLY ***
  • 2 Double Bedrooms
  • Allocated Parking Space
  • Balcony
  • Tenants in Situ
  • Yield in excess of 5%
  • 114 Years Remaining On The Lease
  • Service Charge - £1500pa
  • Ground Rent - £200pa

Full Details

PROPERTY DESCRIPTION *** CALLING ALL INVESTORS *** An exciting opportunity to purchase a two double bedroom second floor apartment with tenants in situ. With allocated parking and added benefit of a balcony. The apartment is very well looked after by the current tenants and is well presented. There is in excess of 100 years left on the lease and has the potential yield in excess of 5% based on the current rental income.

AREA DESCRIPTION Plymouth is a busy and thriving City with plenty to offer to all ages. The City centre itself is undergoing a period of re-development and in the last couple of years opened the Drake Circus shopping mall. There are many tourist attractions to include various museum and art galleries, the National Marine Aquarium, various boat trips to Mount Batten, Drakes Island or perhaps a ferry across to Mount Edgcumbe National Park. There is always plenty of entertainment on hand, with ample theatres, cinemas, casinos and bingo halls. Should you require a little more energy, you could perhaps seek out the Ski Lodge, Ice Rink or the various Diving and Sailing Clubs. The transport links are easily accessible to get from City to City. Whether by ferry, rail, bus or coach, public transport is in great demand. London Paddington is under four hours away by rail and the ferry to Roscoff in France takes only 6 hours.

DISCLAIMER The vendor has advised us that the information contained within these particulars is correct to the best of the vendors knowledge. With regard to appliances and electrical installations, we have not tested any items detailed in these particulars and any prospective purchaser should satisfy themselves with regard to their condition. All fixtures and fittings as mentioned in our sales particulars are included; all others are expressly excluded. All measurements are approximate. All floor plans of properties are not drawn to scale and are for information only.

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