Fulfords Estate Agent in PL5 1ND

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01752 362481

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4 bed End of Terrace property

Available

For Sale

Listed Jan 17, 2024

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£200,000

Available

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01752 362481

By Fulfords

Transaction history

£220,000 Jul 14, 2022

£132,000 Oct 19, 2017

Description

" For sale by Public Auction on the 15 February 2024 at Virtual Livestream Online Auction.

A high yielding multi faceted freehold investment opportunity, comprising of four x one bedroom flats, a ground floor retail premises, garage and additional enclosed yard space with 2 vacant storage facilities offering the potential for further incomepotential redevelopment subject to any requisite consents. The retail unit, all four flats and the garage are currently let and generating a combined income of £2,795 pcm£33,540 pae.

Marlborough Street is situated in the heart of Devonport offering a wide selection of shops, mini supermarkets and food outlets. Set in the historic Naval Quarter of Plymouth the area is home to HMNB Devonport and is a regenerating neighbourhood with many of its historic buildings having been converted into luxury apartments.

Ground Floor - Self contained shop unit comprising of main retail area, inner hallwaystorage with access to the rear courtyard and a rear officestorage area, totalling 73 square metres and with a VOA rating of £8,000.

Separate access to the communal entrance hall to the flats and stairs rising to all floors.

First Floor - Communal landing with access to the fire escape.

Flat 1: Open plan loungekitchendiner, double bedroom and shower room.

Flat 2: Entrance hall, open plan loungekitchendiner, double bedroom and shower room.

Second Floor - Flat 3: Entrance hall, open plan loungekitchendiner, double bedroom and shower room.

Third Floor - Flat 4: Living room, kitchen, double bedroom and bathroom.

Outside - Fully enclosed rear courtyard with two vacant storage facilities, WC, yard space and garage (currently let).

Viewings - Strictly by prior appointment with Fulfords St Budeaux 01752 362481. General enquiries Countrywide Property Auctions 01395 275691.

EPC RATINGS - Shop - E, Flat 1 - D, Flat 2 - D, Flat 3 - C, Flat 4 - E

Council Tax Bands - All flats individually rated band A
Retail VOA rateable value £8,000

Tenure - Freehold

- EXCELLENT INVESTMENT OPPORTUNITY
- COMMERCIAL UNIT AND FLATS
- FOR SALE BY PUBLIC AUCTION "

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Listing data

Data
4 beds
End of Terrace
128 days on market

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