2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Percy Terrace, Plymouth PL4
£150,000

Our Summary

  • A dual faceted freehold investment opportunity comprising of a ground floor commercial property, with A3 & A5 use, currently let and part way through a 2 year lease, generating an income of £700 pcm/£8,400 pae, along with a two bedroom first floor self-contained apartment, let on a rolling AST at £650 pcm/£7,800 pae

Description

This property is a dual-faceted freehold investment opportunity consisting of a ground floor commercial property with A3 and A5 use, currently let on a 2-year lease, generating £8,400 per annum, and a two-bedroom self-contained apartment on the first floor, let on a rolling AST, generating £7,800 per annum. The combined income is £16,200 per annum. The property is situated in the popular residential area of Lipson, close to the city centre and local amenities. The ground floor property has a main restaurant and servery, rear hall with WC and storage rooms, and rear access to an external staircase. The first-floor flat is fully self-contained with a railed rooftop terrace, kitchen, shower room, living room, and two bedrooms. The property is available to view by prior appointment and has an EPC rating of E for the flat and TBC for the ground floor.