Block of flats for sale in Morshead Road, Crownhill, Plymouth PL6

Glad Stones Estates are pleased to be working in partnership with Pattinsons Auctions to present to the market this fantastic rental investment opportunity in the heart of Crownhill, Plymouth. This Lot comprises of two apartments, plus the share of the Freehold for the building. Crownhill is a very sought after location in Plymouth, the apartments will appeal to tenants working in the area in one of the many local businesses or anyone looking for an easy commute to Plymouth City Centre, the A38 or Derriford Hospital - one of the city's largest employers.

Positioned above a well know local food outlet are the two apartments. We access the properties via a communal door leading to the shared hallway, stairs give way to the first floor landing where we access the apartments.

Flat One is a large one bedroom apartment with an estimated rental income of £700pcm. The accommodation within this apartment briefly comprises of:

Open Plan Lounge/Kitchen - 5.23m x 4.32m (17'2" x 14'2" at max) A large open plan living space offering a fitted kitchen with space for appliances, and lounge with a window to the side elevation.

Bedroom - 3.3m x 3.02m (10'10" x 9'11") A spacious Double bedroom with large window.

Shower Room - Comprises of shower cubicle, WC and Wash Hand Basin.

Flat Two is a very spacious two double bedroom apartment with an estimated rental income of £850pcm. The accommodation within this apartment briefly comprises of:

Open Plan Lounge/Diner/Kitchen - 6.48m x 4.7m (21'3" x 15'5" a max) A large open plan living space comprising of a fitted kitchen with space for appliances and plumbing for a washing machine. A formal dining area offers space for a dining table and chairs along with a designated lounge area. Windows to the side elevation and access to the loft space.

Bedroom One - 3.12m x 4.04m (10'3" x 13'3") A large double bedroom with window to the rear elevation.

Bedroom Two - 3.18m x 3.1m (10'5" x 10'2") A second spacious double bedroom with window to the side elevation.

Shower Room - Offering a shower cubicle, WC and Wash Hand Basin.

Along with the sale of the two apartments is the share of the Freehold for the building. For more information please contact Glad Stones Estates.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.