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£165,000

Alexandra Road, Mutley Plain, Plymouth PL4

£165,000

4 Bedroom Maisonette For Sale

Alexandra Road, Mutley Plain, Plymouth PL4


Key features

  • Four Double Bedroom
  • Large Kitchen / Diner
  • Fully Tenanted
  • Renovated to a High Standard
  • Two Shower Rooms
  • Communal Courtyard
  • One Off Road Parking Space
  • Gas Central heating
  • Popular Location
  • NO ONWARD CHAIN
  • Council Tax: A

SUMMARY ***FOUR BEDROOM INVESTMENT - NO ONWARD CHAIN***
A perfect opportunity to purchase a well appointed maisonette, fully let on individual AST's in the heart of Mutley Plain. Situated in close proximity to Plymouth City Centre and the University. The property generates returns of c. £18,000 per annum. 

INVESTORS This property is being offered with no onward chain and all four rooms currently let totalling £1500 a calendar month, (based on 12 months let). In terms of a rental value to a property investor, this would provide an annual return to any investor of £18000. The property would be a great investment for someone wanting an ongoing business.  

DETAIL The property can be approached from the side elevation of the property.

On entering the property, you are greeted by a communal entrance hall, to your right, a private door and staircase leads to both floors of the dwelling.

On the first floor there are two letting rooms.

The kitchen / diner and shower room lead off from the landing area which benefits from a large window affording a lot of natural light.

A further staircase ascends to the second floor of the property where letting rooms three and four are located, along with a spacious communal bathroom.

The communal kitchen is fitted with a range of tasteful wall and base units with roll-edge wood laminate worktops having a built in electric oven and ceramic hob, washing machine and fridge freezer.

All four letting rooms are of ample size comprising a mix of built-in cupboards/wardrobes, decorative coving and fully double glazed.

The spacious communal bathroom comprises a modern white bathroom suite, bath, electric shower, hand basin and WC. The floor is laid to vinyl flooring and there is a frosted double glazed dormer window to the rear.
 

KITCHEN 11' 4" x 10' 1" (3.45m x 3.07m)  

LETTING ROOM 1 13' 9" x 11' 5" (4.19m x 3.48m)  

LETTING ROOM 2 14' 0" x 11' 5" (4.27m x 3.48m)  

SHOWER ROOM 3' 3" x 11' 7" (0.99m x 3.53m)  

LETTING ROOM 3 14' 1" x 12' 0" (4.29m x 3.66m)  

LETTING ROOM 4 10' 0" x 8' 2" (3.05m x 2.49m)  

COMMUNIAL BATHROOM 11' 6" x 10' 6" (3.51m x 3.2m)  

OUTSIDE The rear communal garden/courtyard is of ample size and has a gate leading to the service lane behind.  

VIEWINGS Interested applicants should contact Martin & Co Plymouth today in order to arrange a viewing appointment on 01752 255 255 

LEASEHOLD INFORMATION We understand that the apartment is held on Lease for a term of 111 years and subject to a maintenance charge of £0.00 approximately per year. The above information is provided in good faith, although we would recommend prospective purchasers consult their own solicitor for formal verification.  

NOTE 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 travelling 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.  

Calculate your Stamp Duty

Until June 30 2021 most buyers will be exempt from paying stamp duty on the first £500,000 of the purchase price. Calculate how much Stamp Duty you would have to pay on this property by using the calculator below.

Please note: This calculator is provided as a guide only on how much stamp duty land tax you will need to pay in England and Northern Ireland. It assumes that the property is freehold and for residential purposes.

Book a viewing

Contact Martin & Co Plymouth

  • 27 Mutley Plain
  • Plymouth
  • PL4 6JG

Call 01752 255255

plymouth@martinco.com

Contact us now