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Clarence Building, Royal William Yard

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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

Key features

  • EXCEPTIONAL FLAT
  • CURRENTLY ON AIR B&B
  • SLEEPS UP TO ELEVEN!
  • UNUSUAL LAYOUT
  • SEA- FRONT LOCATION
  • UP TO 14% YIELD POSSIBLE
  • NO ONWARD CHAIN
  • STUNNING PRESENTATION
  • UP TO TWO PARKING SPACES POSSIBLE
  • COUNCIL TAX BAND D

Description

SUMMARY *** THE MOST UNUSUAL APARTMENT YOU WILL FIND ON THE ROYAL WILLIAM YARD! ***
To maximise rental income this current AIR B&B has been converted to accommodate up to six adults and five children with the ability to generate up to £50,000 per annum.
Accommodation comprises:
Flat A - hall, lounge/diner, kitchen, master bedroom and three children's bunk beds.
Flat B - double bedroom with mezzanine providing two further sleeping spaces and large bathroom, with outside seating area.
This has all been approved by the Management Company and is on one title with key safes providing entrance access to the guests.
There is one allocated parking space with the property and one further rented space available.
EPC exempt. The property is sold fully furnished. 

COMMUNAL ENTRANCE AREA With doors leading to both flats. 

FLAT A Flat A opens into a spacious hallway with the original exposed metal pillars, leading into the lovely open-plan lounge and dining area. This in turn leads to a kitchen with integrated appliances and to a cute little "bunk bed room with port holes, laid out to accommodate three children's bunks. There is a separate double bedroom with feature stone wall and built-in wardrobes and large bathroom with shower over bath. 

FLAT B On entering flat B, you walk straight into a double bedroom which has built-in wardrobes and has doors leading to a private terrace. There is a large bathroom and a mezzanine providing two further beds. 

PARKING There is one allocated parking space and one currently rented that can be available to be transferred to the new owner. 

ROYAL WILLIAM YARD Royal William Yard is an outstanding waterfront development occupying a prime position with magnificent views across Plymouth Sound. Originally built in the early 1800's for use by the Royal Navy it has a stunning collection of Grade I and II listed buildings. Now a thriving hub of appealing restaurants, bars and businesses - this is a must see! 

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

LEASEHOLD INFORMATION The property is held on a lease with 116 years remaining. The ground rent is £1 per annum and there are service charges of £4000 annually.
This information is provided in good faith but we recommend formal verification by a solicitor. 

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 travelling 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. 

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£1 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£4000

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

116 years left

Energy performance certificate - ask agent

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: D

Clarence Building, Royal William Yard

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Devonport Station1.2 miles
  • Dockyard Station1.5 miles
  • Plymouth Station1.6 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 101449008392. 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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