4 bedroom flat for saleMolesworth Road, Stoke
Sold STC £134,950
- Large First Floor Flat
- Current yield of 12%
- Two En-Suite Shower Rooms
- Immaculately Presented
- Fully Let income of £16,200pa
- Open Plan Living/Kitchen Rm
- Four Double Bedrooms
- Part Dg, Gas Central Heating
- Fabulous Period Bathroom
- EPC - D67 D61
Cross Keys Estates are pleased to bring to the market this exceptionally large and very well presented first floor flat in the heart of Stoke Village. Located above a shop and easily accessible from multiple bus routes, this flat is currently let out on a room rent basis bringing in an income of £16,200 per annum which equates to a yield of 12%. There are four double bedrooms, 2 en-suite shower rooms, 1 period style bathroom, and a really funky open plan kitchen/lounge/diner. The property is centrally heated and has some double glazing. This property is exceptionally well run and has a proven track record for any potential landlords. An internal viewing is highly recommended.
The Property - The property is a Victorian end terrace building that is converted in to three unit, a charity shop and a small flat on the ground floor and this larger than average flat above. The flat has been well maintained and has benefited from the addition of 2 en-suite shower rooms in recent years making it now four bedroom and three bathroom facilities. The open plan lounge/kitchen/diner is very quirky and stylish with a retro vintage style kitchen area with bench seating into the bay window on the corner of the room which looks out over the cross junction. The bathroom is also styled with a period finish, roll top bath and a vintage wash hand basin and a high level cistern toilet accompanied with a walk in shower enclosure. The rear of the property has been double glazed however the front retains the sash windows again adding to the period style of this property. There is a shared courtyard to the rear and a built in storage outhouse. The property currently brings in an income of £16,200 making it a yield of 12%. An internal viewing is fully recommended to appreciate this fabulous and yet different property.
The Location - Stoke is one of the handiest parts of Plymouth for access and egress out of the city and up to the A38 for further travel to either Cornwall or up in to Devon.. Boasting three large park and also having the highest point Plymouth in the Mount Pleasant Recreation Ground. Known as "The Village", Stoke has a thriving shopping area with numerous shops, boutiques, pubs and eateries. Plymouth was also voted the best place in England to buy ( https://www.theguardian.com/money/2013/jan/04/lets-move-to-stoke-plymouth-devon ) - Plymouth is now Officially The Optimum Place To Buy A Property In Britain. Boffins have worked out that this city has the best balance of bargains and pleasantness, and have drawn Venn diagrams of good schools, affordability, splendidness of property, proximity to sea, nice oomphy countryside, art deco lidos dramatically situated beneath craggy cliffs and so on, and Plymouth fits the bill. Those posh 'uns customarily attracted to Devon and Cornwall tend to bypass it for more sylvan spots, perhaps put off by the rebuilt postwar city centre. It is not, I admit, a work of utter beauty, but it is overshadowed by Plymouth's attributes, not least its stunning geography beside the sea. Stoke's the place to start snooping: a short walk from the centre and Devonport, this is where naval officers built their elegant, early 19th-century villas.
Lounge/Kitchen/Diner - 6.47 x 3.64 (21'2" x 11'11") -
Bedroom 1 - 3.79 x 3.64 (12'5" x 11'11") -
Bedroom 2 - 3.93 x 5.23 (12'10" x 17'1") -
Bedroom 3 - 2.84 x 4.01 (9'3" x 13'1") -
Bedroom 4 - 3.33 x 3.64 (10'11" x 11'11") -
Bathroom - 3.18 x 2.87 (10'5" x 9'4") -
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