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Devonport Road, Stoke, Plymouth

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • HOUSE DIVIDED INTO FOUR FLAT
  • WITH COMMERCIAL UNIT
  • HEART OF STOKE VILLAGE
  • INVESTMENT OPPORTUNITY
  • INCOME OF £26,600 P.A.
  • ALL ONE BEDROOM FLATS
  • CLOSE TO AMENITIES
  • EASY ACCESS CITY CENTRE
  • GCH AND DG
  • COUNCIL TAX BAND A

Description

SUMMARY *** GUIDE PRICE £260,000 TO £270,000. IN THE HEART OF STOKE VILLAGE, THIS THREE-STOREY HOUSE HAS BEEN CONVERTED INTO A COMMERCIAL UNIT AND FOUR FLATS ***
Offered for sale with no onward chain with earning potential of £35,000 per annum. (Currently £26,600 pa).
Accommodation comprises entrance hall, commercial unit (easy to convert into another flat STP), ground floor flat with bedroom/lounge, kitchen and shower room, second flat with lounge/kitchen, bedroom and shower room, two further larger flats with kitchen through to lounge, separate bedroom and shower room. There is a commmunal courtyard garden.

Close to all shops, amenities and restaurants with readily available bus service. 

AREA This property is located in the heart of Stoke Village shops. A range of independent small interesting shops, a local supermarket, coffee bars and restaurants can be found here; it is a short drive/bus ride into Plymouth City Centre. 

DETAIL There is a commercial unit with WC and access to the rear courtyard. On entering the hall there are stairs up to the first floor and access to the ground floor flat. There are useful storage cupboards and double-glazed door providing access to the rear garden.
Flat 1 comprises a lounge/bedroom with double-glazed window and radiator, leading into the kitchen. There is a gas hob, electric oven, extractor and a range of cupboards and drawers, sink drainer and space for white goods. With double-glazed window and leading into lobby and shower room. There is a three-piece suite comprising shower cubicle, WC and wash-hand basin with radiator and double-glazed window.

Flat 2 is a colourful flat with lounge/kitchen with a range of units, sink drainer/ oven, hob and extractor with space for fridge and wall-mounted boiler. There is a door to the shower room - a three-piece suite comprising shower, WC and wash-hand basin with radiator and double-glazed window - and door to the bedroom with radiator and double-glazed window.

Flat 3 - A larger flat with separate kitchen leading into the lounge and then the bedroom in turn with shower room off the kitchen.

Flat 4 is the same layout as Flat 3.
 

INCOME EPCs for the flats are as follows:
Flat 1 - D, Flat 2 - D, Flat 3 - D, Flat 4 - D

The property is currently producing a revenue of just under £27,000 per annum. We believe with a little work this could be closer to £36,000 per annum with room rates as follows:

Commercial Unit £500 pcm
Flat 1 £600 pcm
Flat 2 £600 pcm
Flat 3 £650 pcm
Flat 4 £650 pcm 

VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on in order to arrange 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 

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Devonport Road, Stoke, Plymouth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Devonport Station0.2 miles
  • Dockyard Station0.5 miles
  • Keyham Station0.9 miles
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About the agent

Martin & Co, Plymouth

27 Mutley Plain, Mutley, Plymouth, PL4 6JG

Martin & Co, Plymouth
About us 

We are an established estate agent and letting agent based in Plymouth. We specialise in sales, lettings and property management and take pride in delivering an exceptional service to sellers, buyers, landlords and investors alike

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof. Our company has always been at the forefront of property marketing technology, bu

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Disclaimer - Property reference 101449008990. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Plymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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