3 bedroom ground floor maisonette for sale
Key information
Property description & features
- 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
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.
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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].
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Property reference 101415003361. 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 Hindhead Property - Plymouth.
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Broadband availability and predicted speed: obtained from Ofcom on March 8, 2024
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 8, 2024
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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 December 17, 2014 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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