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£230,000 O.I.E.O

The Crescent, City Centre, Plymouth PL1

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£230,000 O.I.E.O

2 Bedroom Penthouse For Sale

The Crescent, City Centre, Plymouth PL1


Key features

  • Penthouse Apartment
  • Investment Opportunity
  • Spacious Open Plan Sitting/Dining/Kitchen
  • 2 Great Sized Bedrooms
  • Underfloor Gas Central Heating
  • Master En-suite and Family Bathroom
  • Balcony Area
  • City Centre Location
  • Sitting Tenant If Required To An Investor
  • No Chain
  • Council Tax: D

SUMMARY ***PENTHOUSE APARTMENT*** Purpose Built Apartment in the City Centre - This beautiful 2 double bedroom apartment sits in the heart of the city centre. The property is presented very well and over 2 floors, being light and spacious.This property would be perfect for a professional couple wanting the city life or investors alike.  

DESCRIPTION This spacious and impressive pent house apartment is conveniently located close to the city centre of Plymouth and historic waters edge.

The property has a secure entry phone system, double glazing and gas central heating and a allocated secure underground parking space.

The accommodation comprises a generous entrance hallway with two useful storage cupboards, a spacious open plan sitting/dining and fitted kitchen. Two good size bedrooms, master ensuite and a bathroom with shower over two floors.

Outside there is bin storage and visitors' parking spaces.  

MAIN ENTRANCE LOBBY  

PENTHOUSE APARTMENT  

ENTRANCE HALL  

OPEN PLAN SITTING ROOM / DINING ROOM / KITCHEN 24' 2" x 21' 1" (7.37m x 6.43m)  

SEPERATE UTILITY ROOM  

CLOAKROOM TOILET  

FIRST FLOOR  

MASTER BEDROOM 13' 10" x 13' 9" (4.22m x 4.19m)  

BEDROOM 2 17' 11" x 9' 6" (5.46m x 2.9m)  

BATHROOM  

SECURE ALLOCATED UNDERGROUND PARKING SPACE  

AGENTS NOTES This property is being offered as an investment opportunity having a sitting tenant of 18 months or vacant possession on completion. Currently let for £900 a calendar month, in terms of a rental value to a property investor, this would provide an annual return to any investor of £10,800. Investors would look for returns on these type of properties in Plymouth of c. 4-5% gross, having a 4.3% return. The apartment would be a good investment or home for someone wanting an easy way of living.  

VIEWING ARRANGEMENTS Interested applicants should call Martin & Co (Plymouth) today on 01752 255 255 in order to arrange their viewing appointment.  

LEASEHOLD INFORMATION We understand that the apartment is held on Long Lease for a term of 125 years from 2004. The service charge is approximately £2500.00 and ground rent of £418.00 per year. 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 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 March 31 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