1 bedroom flat for sale

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1 bedroom flat for sale

26A Fellowes Place, Plymouth
£70,000

Our Summary

  • The property offers a fantastic investment opportunity, being currently let and generating an income of £600 pcm/£7,200 pae
  • Cash buyers only due to a remaining lease length of 65 years
  • EPC RatingDCouncil Tax BandAGET READY TO BID BY VISITING THE AUCTIONEERS WEBSITEGUIDE PRICES & RESERVE PRICESGuide PriceAn indication of the seller’s current minimum acceptable price at auction
  • As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued
  • Both the guide price and the reserve price can be subject to change up to and including the day of the auction
  • Reserve PriceThe seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell

Description

This tenanted one-bedroom garden floor flat is situated in the popular Stoke Village location, offering a private entrance, good-sized enclosed courtyard garden, and a garage. The property is currently let, generating an income of £600 per month, and is a fantastic investment opportunity. With a remaining lease length of 65 years, cash buyers only are considered due to the short lease. The flat is located in a desirable area with a range of shopping and leisure facilities, as well as excellent public transport links to Plymouth city centre. The property features an external private entrance, lounge/diner, kitchen, double bedroom, and bathroom, with a good-sized enclosed courtyard garden and pedestrian gate to the rear service lane and garage. Viewings are strictly by prior appointment, and the guide price for the property is £120,000-£130,000, with a reserve price not disclosed.
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