4 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Excellent Investment Opportunity
- Popular Keyham Location
- One Freehold Property Split Into Four Separate Units
- 2 x Studio Flats and 2 x One Bedroom Flats
- Well Established Long Term Tenants
- No Onward Chain
Four Flats in One Building current rental £24,000 a annum with a yield of 11.4%. Ocean street has been adapted to create four individual flats. The property comprises of 2 x Studio flats and 2 x one bedroom flats with communal laundry area.
Ocean Street was finished being converted in 1997 and since then, has been a very successful & well-established rental property. With some of the current tenants having stayed for 6 years and would like to continue renting via the new landlord.
Flat 1 Studio is situated at the rear of the property with a modern kitchen, and main living area with en-suite. This flat benefits from access to its own private ceiling storage area.
Flat 2 is a studio flat on the left as you first enter the property. The flat benefits from a modern fitted kitchen which leads to a living and sleeping area with bay window facing the front aspect. The property has access to private under stairs storage.
Flat 3 is the largest flat in the property and is situated on the 1st floor with a large modern kitchen, large living room, bedroom and en-suite.
Flat 4 is in the roof space leading into open plan kitchen and lounge space with bedroom with Velux window and bathroom.
EPC Grade:
Flat 1 D
Flat 2 E
Flat 3 C
Flat 4 E
Council Tax Band: B
Tenure: Freehold
Local Authority City Of Plymouth
Conservation Area No
Council Tax Band Band B
Council Tax Estimate £1,723
Rivers & Seas No Risk
Surface Water Very Low
Broadband (estimated speeds)
Standard 6 mbps
Superfast 74 mbps
Ultrafast 1000 mbps
Satellite & Cable TV Availability
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
MUT240238/2
Rooms
Description
Four Flats in One Building current rental £24,000 a annum with a yield of 11.4%. Ocean street has been adapted to create four individual flats. The property comprises of 2 x Studio flats and 2 x one bedroom flats with communal laundry area.
Ocean Street was finished being converted in 1997 and since then, has been a very successful & well-established rental property. With some of the current tenants having stayed for 6 years and would like to continue renting via the new landlord.
Flat 1 Studio is situated at the rear of the property with a modern kitchen, and main living area with en-suite. This flat benefits from access to its own private ceiling storage area.
Flat 2 is a studio flat on the left as you first enter the property. The flat benefits from a modern fitted kitchen which leads to a living and sleeping area with bay window facing the front aspect. The property has access to private under stairs storage.
Flat 3 is the largest flat in the property and is (truncated)
Location
Keyham is a popular residential location, mostly occupied by families with a mix of privately-owned and rental properties. The area of Keyham is located on the western side of Plymouth City, adjacent to the historic HMNB Devonport and Docklands, and remains popular for families and professionals working in the city and local area. There are plenty of shops and amenities nearby and both primary and secondary schools to choose from. The area is well serviced by a regular bus service with the addition of nearby green spaces and parks. If all this wasn't enough Keyham is also a short drive to the Torpoint Ferry & Tamar Bridge linking Cornwall. The Devon Expressway is just around the corner offering the perfect place for travelling and commuting.
Flat 1 Studio Bedroom & living Area 3.2m x 2.6m
Flat 1 Studio Kitchen 3.2m x 2m
Flat 1 Studio - Ensuite 3.2m x 1m
Flat 2 Studio Bedroom & living Area 4m x 3.8m
Flat 2 Studio Kitchen 3m x 2.8m
Flat 2 Studio Shower Room
Flat 3 Bedroom 3m x 2.8m
Flat 3 En-suite
Flat 3 Lounge 4m x 3m
Flat 3 Kitchen 4m x 1.8m
Flat 4 Bedroom 2.8m x 1.8m
Flat 4 Bathroom 2.8m x 1.8m
Flat 4 Kitchen & Lounge 5m x 2.4m
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Property reference MUT240238. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Your Move - Plymouth.
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Broadband availability and predicted speed: obtained from Ofcom on May 5, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 19, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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