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4 Bed End Of Terrace House For Sale Marlborough Street, Plymouth, PL1

£200,000- End Of Terrace

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 3rd March 2024

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 income/potential 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 hallway/storage with access to the rear courtyard and a rear office/storage 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 lounge/kitchen/diner, double bedroom and shower room.

Flat 2: Entrance hall, open plan lounge/kitchen/diner, double bedroom and shower room.

Second Floor - Flat 3: Entrance hall, open plan lounge/kitchen/diner, 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 . General enquiries Countrywide Property Auctions .

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
Agent Details
Fulfords
2, Pemros Road, Plymouth, PL5 1ND
Show Contact Number
01752 477 442

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