End terrace house for sale in 22 Anstis Street, Plymouth, Devon PL1

For sale by auction on Tuesday, 17 Sep 2024 at 14:00

Venue: Live Stream

Freehold Block of 6 Apartments

Situated within an extremely central location in Plymouth, is this freehold end of terrace building arranged as 6 apartments. The building, which requires some renovation work, comprises of three x studio apartments, two x 1 bedroom apartments and a two bedroom apartment. All apartments are let on AST (Assured Shorthold Tenancy) agreements and are currently producing a total gross income of £27,900 per annum with the exception of the two bedroom apartment which has undergone recent renovation work and is currently vacant.

This property offers a great opportunity to purchase an ongoing investment opportunity with the potential for increase.

Current Breakdown
Flat 1 - Studio (£450pcm)

Flat 2 - 1 Bedroom (£414.24 four weekly equivalent of £450pcm)

Flat 3 - Studio (£500pcm)

Flat 4 - 1 Bedroom (£450pcm)

Flat 5 - Studio (£475pcm)

22a - 2 Bedroom (Vacant)

Further details can be found within the legal pack which is free to download via our website.

Auctioneers note
Please note, the internal photographs show Apartment 22a (2 bedroom) which has been recently refurbished and is vacant. The remainder of the apartments are in varying condition and some require work.

Viewings
Block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West T: To book a viewing slot.

Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale

notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

EPC Rating: E53(Flat 1) E40(Flat 2) E49(Flat 3) D67(Flat 4) E46(Flat 5) D57(22a)

Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.