Flat for sale in Flat 2, 59 Embankment Road, Plymouth PL4

A two double bedroom flat situated in a Grade II Listed building and conveniently situated for both local facilities and amenitites, along with those of the Barbican and Plymouth city centre. The property is currently let on a rolling assured shorthold tenancy, generating a modest income of £650 pcm/£7,800 pae, with the potential for a rental increase to circa £750 pcm/£9,000 pae. The property has the remainder of a 985 year lease and a 25% share of the freehold, suitable for cash buyers only due to part of the structure being of single skin construction.

Situated
Embankment Road is conveniently located for both local facilities and amenities, along with those of the Barbican and Plymouth city centre with local bus routes and is readily commutable to the A38 Devon Expressway.

Ground Floor
Communal entrance hall with stairs rising to all floors.

Flat 2
Entrance hall, lounge, kitchen/diner, two double bedrooms and bathroom.

Viewings
Strictly by prior appointment with Fulfords Drake Circus . General enquiries Countrywide Property Auctions .

EPC Rating

E

Council Tax Band

A

Lease
985 years remaining

Service Charge and Ground Rent
£600 per annum.

Get ready to bid by visiting the auctioneers website

guide prices & reserve prices

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. 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. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.