4 bedroom terraced house for sale
Key information
Property description & features
- HOUSE DIVIDED INTO FOUR FLAT
- WITH COMMERCIAL UNIT
- HEART OF STOKE VILLAGE
- INVESTMENT OPPORTUNITY
- INCOME OF £26,600 P.A.
- ALL ONE BEDROOM FLATS
- CLOSE TO AMENITIES
- EASY ACCESS CITY CENTRE
- GCH AND DG
- COUNCIL TAX BAND A
Offered for sale with no onward chain with earning potential of £35,000 per annum. (Currently £26,600 pa).
Accommodation comprises entrance hall, commercial unit (easy to convert into another flat STP), ground floor flat with bedroom/lounge, kitchen and shower room, second flat with lounge/kitchen, bedroom and shower room, two further larger flats with kitchen through to lounge, separate bedroom and shower room. There is a commmunal courtyard garden.
Close to all shops, amenities and restaurants with readily available bus service.
AREA This property is located in the heart of Stoke Village shops. A range of independent small interesting shops, a local supermarket, coffee bars and restaurants can be found here; it is a short drive/bus ride into Plymouth City Centre.
DETAIL There is a commercial unit with WC and access to the rear courtyard. On entering the hall there are stairs up to the first floor and access to the ground floor flat. There are useful storage cupboards and double-glazed door providing access to the rear garden.
Flat 1 comprises a lounge/bedroom with double-glazed window and radiator, leading into the kitchen. There is a gas hob, electric oven, extractor and a range of cupboards and drawers, sink drainer and space for white goods. With double-glazed window and leading into lobby and shower room. There is a three-piece suite comprising shower cubicle, WC and wash-hand basin with radiator and double-glazed window.
Flat 2 is a colourful flat with lounge/kitchen with a range of units, sink drainer/ oven, hob and extractor with space for fridge and wall-mounted boiler. There is a door to the shower room - a three-piece suite comprising shower, WC and wash-hand basin with radiator and double-glazed window - and door to the bedroom with radiator and double-glazed window.
Flat 3 - A larger flat with separate kitchen leading into the lounge and then the bedroom in turn with shower room off the kitchen.
Flat 4 is the same layout as Flat 3.
INCOME EPCs for the flats are as follows:
Flat 1 - D, Flat 2 - D, Flat 3 - D, Flat 4 - D
The property is currently producing a revenue of just under £27,000 per annum. We believe with a little work this could be closer to £36,000 per annum with room rates as follows:
Commercial Unit £500 pcm
Flat 1 £600 pcm
Flat 2 £600 pcm
Flat 3 £650 pcm
Flat 4 £650 pcm
VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on[use Contact Agent Button] in order to arrange their viewing appointment.
NOTE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments' benefits, equating to approximately £200 per referral
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Broadband availability and predicted speed: obtained from Ofcom on January 26, 2022
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