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1 bed Flat For Sale £110,000
Pentyre Terrace, Plymouth PL4


Description
Summary ***beautifully presented apartment in lipson***
This 1 bedroomed property is presented in excellent decorative order throughout and is the perfect find for a working professional or couple seeking to get their foot on the ladder and close to Plymouth city centre. Gas Central Heating and Fully Double Glazed. Sold with 50% Share Of The Freehold.

Description A cut-above the usual fare - this 1 x bedroom first floor apartment is located on a beautiful tree-lined road towards the upper-end of Lipson and within easy walking distance of the city centre. The owner has lived in this property himself for a number of years and has ensured that it has been updated and maintained to an excellent standard including a new roof five years ago.

The property is entered through the front door which is shared by the ground floor apartment. The communal area has been well-maintained and is both light and clean. The main apartment doorway to the property opens to a set of stairs which lead to the first floor. The apartment comprises large, full-frontage sitting room, double bedroom to centre, bathroom and large kitchen to rear.

The sitting room is of fantastic proportions running the full width of the property, with traditional period features and large bay window facing onto the quiet street below. The room has a fabulous cast iron basket feature fireplace (non-functioning) and decorated well.

The bedroom is located adjacent to the sitting room and faces out towards the tenement. The room is carpeted and fitted with double bed, wardrobe, chest of drawers and cabinet all in stripped pine.

Location Pentyre Terrace is located in the well-regarded St Judes area, within walking distance of the City Centre and Freedom Fields Park.

Communal entrance hall

hall

sitting room

kitchen

bedroom

bathroom

viewing arrangements This property would suit a range of purchasers - perfect for a first time buyer or investor.
Interested applicants should contact Martin & Co Plymouth today in order to arrange a viewing appointment on investors This property is being offered with no onward chain and represents an excellent turn-key investment opportunity. The property would achieve a rent of c.£595pcm given its current condition and has been let through Martin & Co in the past at this figure. This would provide an annual return to any investor of £7,140 and providing a healthy yield of 6.5% gross at asking price.

Freehold information We understand that the flat is held on Reverse Freehold. A brief and simple explanation of reverse freehold is, If a house is split into two flats the top flat would own the freehold to the bottom flat and vice versa, a lease is then in place for the individual flats to lease from each other, this legally protects the owners for any works that are required on the whole property. 999 year lease and peppercorn rent.

The above information is provided in good faith, although we would recommend prospective purchasers consult their own solicitor for formal verification.

Notes to purchasers We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.

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