You're either looking at this home to purchase as an investment, as a first-time buyer or possibly as somebody looking to downsize.
What's on your list of must-haves?
Is location important?
Is size important?
Is condition important?
Outside space?
Parking space?
Why will you buy this flat over others properties?
Location
Perfect for those that need good access to the A38 or the City Centre
Ideal for those That love the benefit of Central Park or the life Centre
Ideal for those that work in the Dock Yard
Great for those needing to catch a train from Plymouth Central Station
Size
Quite possibly, the number one reason why you were by this property is for the tall ceilings, the big windows, and the sense of space.
The living area still carries a certain amount of the Old grand living area that it once was.
I've seen a few one-bedroom flats; the kitchen is one of the more significant areas of the property, capable of putting a central dining table in the middle if you wanted a kitchen breakfast room.
Outside space
Important after Covid, people have come to request that there is some outside space. In the long run, having an outdoor area could protect the property's value.
Already let
No need to worry about the tenants. It's already let tenants be there for some time @ £600pcm, and the tenant would ideally like to stay.
Lease
When buying a flat, this can be the deal breaker. This property had 99 years on the lease from 2018. Also, there is no ground rent or maintenance. The maintenance arrangement is split with the upstairs owner as and when required.
No forward chain
This property has no forward chain for people looking for a quick purchase to secure a preferential interest rate on their mortgage.