No longer on the market
This property is no longer on the market
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Map3 bedroom ground floor maisonette
Ground floor maisonette
3 beds
1 bath
882 sq ft / 82 sq m
EPC rating: D
Key information
Features and description
- Spacious 3 - Bed Maisonette
- Ideal First-Time Buy or Investment
- Potential Rental: Aprox. Gross Yield: 11.4% Aprox. Net Yield: 10.04%
- Close Proximity to Derriford Hospital & Business Park
- Open-Plan Living/Dining Area
- EPC: D
- Ground Rent: £10 per annum
- Tenure: Leasehold
- Service Charge: £1,300 - £1,400 per annum
- Onward Chain: Onward Chain TBC
OFFERS IN EXCESS OF £100,000 An appealing investment or first-time buyer opportunity, this spacious three-bedroom maisonette in Southway is well-positioned for access to local shops, amenities, Derriford Hospital, and the nearby business park-ideal for both tenants and owner-occupiers alike.
Investment Potential:
Once modernised, this property has the potential to achieve a rental income of approximately £950 per calendar month, offering an attractive yield of approx. gross11.4% based on the guide price.
Property Layout:
Accessed via a communal courtyard, the main entrance opens into a hallway with stairs to the first floor and a doorway into the living room/diner. The ground floor features a generously sized open-plan living and dining area, flowing into a kitchen fitted with a range of base units, work surfaces, and wall-mounted cabinets, with ample space for appliances.
Upstairs, the property includes three well-proportioned bedrooms, with the third bedroom offering access to a shared balcony overlooking the communal courtyard. The main bathroom comprises a WC, wash hand basin, and bath.
Outside Space:
The property includes a shared communal courtyard and benefits from a private allocated shed within a block for added storage.
Lease Details:
Service/Maintenance Charge: £1,300 - £1,400 per annum, covering weekly courtyard cleaning, monthly weeding, bin management, stairwell and balcony maintenance, and window cleaning.
Remaining Lease Length: 89 years.
Shared Costs: Any planned building work is consulted on with residents, with costs equally shared.
With spacious accommodation throughout, this maisonette represents an attractive buy-to-let investment or a comfortable first-time buy. Contact us now to arrange a viewing or for more details.
Managing Company:
Plymouth Community Homes – A trusted local organisation providing comprehensive property management services, including maintenance of communal areas, landscaping, and resident support, ensuring a well-maintained and welcoming environment for all residents.
PLYMOUTH, Britain's Ocean City, is one of Europe's most vibrant waterfront cities. Located by a stunning waterfront and harbour, Plymouth is the perfect place to buy property.
STAMP DUTY LAND TAX or Land and Buildings Transaction Tax may also apply in some circumstances.
For more info please visit:
WE ANTICIPATE HIGH DEMAND for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration/ financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please [use Contact Agent Button].
Investment Potential:
Once modernised, this property has the potential to achieve a rental income of approximately £950 per calendar month, offering an attractive yield of approx. gross11.4% based on the guide price.
Property Layout:
Accessed via a communal courtyard, the main entrance opens into a hallway with stairs to the first floor and a doorway into the living room/diner. The ground floor features a generously sized open-plan living and dining area, flowing into a kitchen fitted with a range of base units, work surfaces, and wall-mounted cabinets, with ample space for appliances.
Upstairs, the property includes three well-proportioned bedrooms, with the third bedroom offering access to a shared balcony overlooking the communal courtyard. The main bathroom comprises a WC, wash hand basin, and bath.
Outside Space:
The property includes a shared communal courtyard and benefits from a private allocated shed within a block for added storage.
Lease Details:
Service/Maintenance Charge: £1,300 - £1,400 per annum, covering weekly courtyard cleaning, monthly weeding, bin management, stairwell and balcony maintenance, and window cleaning.
Remaining Lease Length: 89 years.
Shared Costs: Any planned building work is consulted on with residents, with costs equally shared.
With spacious accommodation throughout, this maisonette represents an attractive buy-to-let investment or a comfortable first-time buy. Contact us now to arrange a viewing or for more details.
Managing Company:
Plymouth Community Homes – A trusted local organisation providing comprehensive property management services, including maintenance of communal areas, landscaping, and resident support, ensuring a well-maintained and welcoming environment for all residents.
PLYMOUTH, Britain's Ocean City, is one of Europe's most vibrant waterfront cities. Located by a stunning waterfront and harbour, Plymouth is the perfect place to buy property.
STAMP DUTY LAND TAX or Land and Buildings Transaction Tax may also apply in some circumstances.
For more info please visit:
WE ANTICIPATE HIGH DEMAND for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration/ financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please [use Contact Agent Button].
About this agent
Welcome to Hindhead Property where we pride ourselves on being the most innovative and driven estate agents in Plymouth. Having opened in April 2015 we have achieved dramatic results from our proactive approach of matching buyers with sellers and tenants with landlords. Our family run business puts service at the forefront of everything that we do. Both our residential sales and lettings teams have a “keep it in Plymouth” policy which means we endeavour to work in partnership with other local businesses and instruct local tradesmen. In an industry that has not always lived up expectations, we know that the training and knowledge we obtain from professional organisations such as the NAEA and ARLA, stand us out from 95% of our competition. Our team has over 30 years’ experience of both local and corporate agency. We have learnt from both the good and the bad in the industry and have used these experiences to provide a rounded service based on results for our clients. Our simple aim is to sell or let our vendors or landlord’s properties at the best possible price, in the quickest timescale.