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4 bed Terraced property

Available

For Sale

Listed Jul 8, 2025

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£160,000

Available

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Description

**SOLD PRIOR OUR LIVESTREAM AUCTION SIMILAR PROPERTIES REQUIRED**Guide Price £160,000 plus fees . For Sale by Unconditional Livestream Auction on the 8th May 2025 at 14 00. A mixed use investment property with tenants in situ offering potential income of £28,800 per annum, comprises of commercial shop and multi let house above. Full legal pack available to download via our website.

Mixed Use Freehold Investment

A mixed use investment property located in a popular location close to the Royal Naval Base in Devonport.

AUCTIONEERS NOTE The property comprises a shop on the ground floor which is currently rented on a 4 year lease from 2024 with an income of £500 pcm. Above this, an extended FOUR bedroom house operates as a multi room let property with tenants in situ. 3 Rooms are tenanted and returning an income of £1,445pcm. A further room is currently vacant but being advertised at £455pcm. An incredible investment opportunity with returns of £28,800 per annum on full occupancy.

PLEASE NOTE Local search expected to be returned on 26 Mar 2025 .
ACCOMMODATION Shop area
Store
Kitchen area
WC
Entrance Hall
Communal Kitchen Living Area
Bathroom One
Bathroom Two
Bedroom Two
Bedroom Three
Bedroom Four
Bedroom One
VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements when available are included within our full details online on 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.