Flat for sale in Palace Vaults, New Street, Plymouth PL1

This generously proportioned, light, and airy apartment is positioned on the second floor to the rear of the historic Palace Vaults, a Grade II listed building, overlooking the renowned Elizabethan Gardens. Converted into flats in 1998, a new 999-year lease was granted for the apartment in September 2013. The communal front door that leads to the accommodation is accessed via gates and a cobbled drive to the left side of the building. The building houses a communal entrance lobby, a communal lift/elevator, two staircases, two sizeable, communal storage vaults and an additional bin store. The vault is a very organised, communal space, offering provision for stowage of bikes, paddle boards, kayaks and surfboards etc. Built as a warehouse in 1809, “as stores for prizes taken by the navy during the Napoleonic Wars”, The Palace Vaults is on the pedestrianised and cobbled New Street in the Heart of the city’s historic Barbican. It sits between the late 16th century “The Elizabethan House” and the Elizabethan Gardens.

Flat 7 enjoys lovely views over The Elizabethan Gardens, which is a series of beautiful, gated gardens that are locked at night. The accommodation, which is electrically heated, comprises: Communal entrance lobby, communal staircase and landings, a lift service to all floors, a private entrance hall, a large lounge/diner, a fitted kitchen, a master bedroom with an en-suite shower room, a second double bedroom and a bathroom. The apartment focuses on immense, original beams that are today a magnificent period detail found throughout the apartment. The flat is quietly situated, behind Southside Street and is a 2-minute walk from the world-renowned Mayflower steps, where the Pilgrims left for North America in 1620. It is a 5-minute walk to Plymouth Hoe and a seven- or eight-minute walk from the city centre. The Plymouth Barbican and waterfront is a historic and picturesque, working harbour setting, with a vibrant and bustling community. It has cobbled streets and charming, characterful narrow lanes with numerous listed buildings. There are plentiful specialist and boutique shops, tea rooms, gelatos and eclectic cuisine. There are plenty of waterside pubs, and The Barbican Theatre is 100 yards away. There are also art galleries, museums and visitor attractions, ferries to surrounding harbours like the Royal William Yard, Cawsand and Mount Edgcumbe, and boat and fishing trips going out to sea. Sutton Harbour Marina is located just a stone’s throw away for those with sailing interests that might be seeking a “lock up and leave” residence. There are festivals and events running here throughout the year, and especially in the summer months. Resident's permit parking is available at the property is being offered to the market with no onward chain.

Utilities

Mains water, gas, electricity and mains drainage, mobile coverage likely, broadband connection connected.

Outgoings plymouth

We understand the property is in band 'C' for council tax purposes and the amount payable for the year 2024/2025 is £1968.77 (by internet enquiry with Plymouth City Council). A service charge of £1,964.79 per annum and a car parking charge of £45 per annum. These details are subject to change.

Plymouth

Plymouth is a city with one of the largest natural harbours in the world. To the north is the Dartmoor National Park extending to over 300 square miles which provides excellent recreational facilities. Plymouth itself has a population of well over 250,000 and has a full range of shopping, educational and sporting facilities. There is a mainline train service to London Paddington and to Penzance in Cornwall. Brittany Ferries operates seasonal services from Plymouth to France and northern Spain.