Efford Lane

OFFERED TO THE MARKET WITH NO CHAIN! Located on the first floor, the apartment provides spacious living accommodation with ample storage space. Large windows allow natural light to shine through making the apartment light and airy.

Neutrally decorated throughout, the apartment comprises entrance hallway with storage cupboard, good sized living room leading into the kitchen which benefits from a fitted electric oven and hob and is finished with matching wall and base units, fitted marble effect worktop and inset sink with drainer.

To the rear of the property, the bedroom is double in size and has an additional storage cupboard and plenty of space for bedroom furniture.

Fully tiled with grey marble effect tiles, the bathroom comprises a fitted bath, hand basin with pedestal with single hot and cold taps and low-rise toilet cistern with level handle flush. Black tile effect fully fitted flooring.

Externally to the rear of the building there is a shared courtyard.

Located close to local amenities and local bus routes, the apartment is within walking distance to Mutley Plain and local Primary Schools and Nurseries.

The property currently has a tenant in situ and earns an annual rental market rent figure of £8,100pa which produces an estimated yield of approx. 9% making it a fantastic investment opportunity. The property can also be sold with vacant possession for buyers looking to take a step on the property ladder.

Tenure: Leasehold

Owners of Freehold: Plymouth Community Homes

Expiry date of the Lease: 2129 (Approx.; 106 years left)

Ground rent: £10pa

Service charge: £871.16pa/£72.60 per month

Service charge reviewed: March

Council tax band: A

EPC Rating: C

 

Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Northwood nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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.

If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

 

EPC rating: C. Tenure: Leasehold, Service charge description: Reviewed March, Length of lease (remaining): 104 years 9 months,