4 bedroom terraced house for sale

STARTING BIDS £170,000 An outstanding investment opportunity awaits in this robust three-storey terraced house, located in the perennially popular PL4 postcode. Available via Secure Sale online bidding with a starting bid of £170,000 and offered with no onward chain, this property is primed for a significant return on investment through strategic modernisation. Its versatile layout, including four bedrooms and three reception rooms, offers substantial rental potential in a high-demand area, making it an ideal acquisition for any property portfolio. Equally this property could be transformed into a modern home offering the space a growing family would enjoy.

Investment Potential

Currently requiring modernisation, this property presents a superb chance to add considerable value. The fitted kitchen, utility room, and outdoor WC offer a solid foundation for renovation, allowing for a contemporary upgrade that will significantly enhance the property. The flexible configuration of the three reception rooms provides options for various tenant demographics, from families seeking multiple living spaces to professionals needing home office areas.

Accommodation

Across three levels, the property features four well-proportioned bedrooms, ensuring strong appeal for multi-occupancy or family rentals. The existing family bathroom offers scope for a modern refurbishment, directly contributing to increased rental income. Feature bay windows to the front and rear, with views towards Tothill Park, are attractive features that can command higher rental or sales values once the property is brought to contemporary standards.

External Features

The private rear garden, complemented by additional storage, offers a valuable amenity, increasing the property's desirability. A thoughtful landscaping project here could further enhance its marketability and sales / rental premium.

Location

Situated in South View Terrace, St Judes, this property benefits from a prime location that underpins strong rental demand. Its proximity to Plymouth City Centre ensures a consistent tenant pool, drawing professionals and students alike. The area boasts excellent transport links, including easy access to the A38, which is crucial for commuters. Furthermore, the presence of good schools and a vibrant array of local amenities, comprising independent cafes and shops, makes this location highly attractive to long-term renters. The combination of its size, location, and potential for uplift ensures a compelling return on investment.

This property represents a shrewd investment for those looking to capitalise on the buoyant Plymouth rental market. An open home viewing event is scheduled, providing an excellent opportunity to assess its full potential.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.