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Palace Vaults, New Street, Plymouth PL1


2 Bedroom Apartment For Sale

Palace Vaults, New Street, Plymouth PL1

Key features

  • Second Floor Apartment
  • Immaculately Presented
  • Two Double Bedrooms
  • Open Plan Living Space
  • Renovated Bathroom
  • Modern Kitchen Units
  • Secure Entry and Lift Access
  • Tenanted Until September 2021
  • New Boiler in 2021 - 5 Years Guarantee
  • No Onward Chain
  • Council Tax: C

SUMMARY ***SECOND FLOOR RENTAL APARTMENT ON THE BARBICAN*** Located within historical building on the barbican at Palace Vaults, this turn key investment is in immaculate condition and would make a great investment. It benefits from two double bedrooms, an open plan living space, modern kitchen and newly renovated bathroom. Early viewing is advised. - NO ONWARD CHAIN -  

LOCATION The Barbican is the name given to the western and northern sides of Sutton Harbour, the original harbour of Plymouth. Two or three streets still retain some of the architecture of an old fishing port. The Barbican has the largest concentration of cobbled streets in Britain, and contains 100 listed buildings. One of the oldest streets in Plymouth running north from the Barbican is now called New Street, it was formerly called Rag Street.

The property is conveniently located within a moment's walk of the City Centre, Sutton Harbour and Plymouth University. The City Centre offers a wide variety of shops and services whilst Sutton Harbour and the Barbican host a variety of restaurants, cafes shops and pubs. On Exeter Street there are numerous bus routes in and out of the city. 

DESCRIPTION The property is accessed via a private gated side-street from New Street which leads to the converted Palace Vaults building comprising eight apartments in total. It is entered from the side street and serviced by a secure intercom system which can be linked to personal mobile telephone or landline. The apartment is located on the second floor via a communal staircase or lift.

The apartment is currently rented full furnished to a professional couple and the details of the furnishing is below, these can be negotiated in line with the offering process. The boiler has also been replaced in 2021 and comes with a 5 year guarantee.

Opening to a spacious porch, with a recently renovated bathroom with black and white tiling, with modern bathroom suite with shower over head bath.

The hallway benefits with a good sized storage cupboard.

First spacious double bedroom with a wooden chest of drawers and two separate matching bedside cabinets.

Second double bedroom benefitting with added shelving, neutral décor with a modern world map on the feature wall.

Open plan living space compromising modern furniture, with a dining table with up to four chairs, two seater sofa and beautiful rug.

The spacious kitchen has light blue glossed units and eccentric tiled flooring. Benefitting from an integrated oven, electric hob and free standing fridge freezer, dishwasher and integrated washing machine

There is a communal courtyard to the front of the building and the property is eligible for a City Council Parking Permit.  

SHARE OF FREEHOLD INFORMATION We understand that the apartment is to be sold with a share of freehold of the building. There is an annual service charge of £1200.00 , which is payable to Aqua Cross.

The above information is provided in good faith, although we would recommend prospective purchasers consult their own solicitor for formal verification.  

VIEWINGS Interested applicants should call Martin & Co today on 01752 255255 in order to secure their viewing appointment. 

NOTE TO APPLICANTS 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 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

Contact us now