Property for sale
Key information
Features and description
- Tenure: Freehold
- Pair of Flats
- Freehold Title
- Sought After Location
- Close to Derriford Hospital
Video tours
We are pleased to offer to auction this freehold investment opportunity comprising of two self contained apartments.
To be sold with vacant possession the potential annual income would be circa £18,600.
Please note we have not inspected this property.
Rooms
Location
Crownhill is a very sought after location in Plymouth, the apartments will appeal to tenants working in the area in one of the many local businesses or anyone looking for an easy commute to Plymouth City Centre, the A38 or Derriford Hospital - one of the city's largest employers.
Accommodation
Flat One
Open Plan Lounge/Kitchen - 5.23m x 4.32m (17'2" x 14'2" at max)
Bedroom - 3.3m x 3.02m (10'10" x 9'11")
Shower Room - Comprises of shower cubicle, WC and Wash Hand Basin.
Flat Two
Open Plan Lounge/Diner/Kitchen - 6.48m x 4.7m (21'3" x 15'5" a max)
Bedroom One - 3.12m x 4.04m (10'3" x 13'3")
Bedroom Two - 3.18m x 3.1m (10'5" x 10'2")
Shower Room - Offering a shower cubicle, WC and Wash Hand Basin.
Along with the sale of the two apartments is the share of the Freehold for the building, further information can be found in the legal pack.
ERV
Flat One (large one bed) £700pcm
Flat Two (spacious two bed) £850pcm
Potential rental income £18,600pa.
Tenure
Freehold, title number DN503354
Council Tax
Both band A
EPC
Flat One (Rating D)
Flat Two (Rating E)
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'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, 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 Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
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.
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 and identity process in accordance with Anti Money Laundering procedures.
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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). 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 it necessary or beneficial to the customer to pass your 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.