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Morshead Road, Crownhill, Plymouth, PL6 5AD

PROPERTY TYPE

Block of Apartments

BEDROOMS

3

BATHROOMS

2

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

  • For Sale Via SECURE ONLINE AUCTION
  • STARTING BID £150,000
  • CASH BUYERS ONLY
  • Fantastic Rental Investment comprising of Two Apartments and Share of Freehold
  • Popular Location of Crownhill
  • One Two Double Bedroom Apartment
  • One One Double Bedroom Apartment
  • Immediate Exchange of Contracts Available
  • Council Tax Band A EPC Grade D & E
  • Contact to Book Your Viewing

Description

Glad Stones Estates are pleased to be working in partnership with Pattinsons Auctions to present to the market this fantastic rental investment opportunity in the heart of Crownhill, Plymouth. This Lot comprises of two apartments, plus the share of the Freehold for the building. Crownhill is a very sought after location in Plymouth, the apartments will appeal to tenants working in the area in one of the many local businesses or anyone looking for an easy commute to Plymouth City Centre, the A38 or Derriford Hospital - one of the city's largest employers. 

Positioned above a well know local food outlet are the two apartments. We access the properties via a communal door leading to the shared hallway, stairs give way to the first floor landing where we access the apartments. 

Flat One is a large one bedroom apartment with an estimated rental income of £700pcm. The accommodation within this apartment briefly comprises of:

Open Plan Lounge/Kitchen - 5.23m x 4.32m (17'2" x 14'2" at max) A large open plan living space offering a fitted kitchen with space for appliances, and lounge with a window to the side elevation.

Bedroom - 3.3m x 3.02m (10'10" x 9'11") A spacious Double bedroom with large window.

Shower Room - Comprises of shower cubicle, WC and Wash Hand Basin.

Flat Two is a very spacious two double bedroom apartment with an estimated rental income of £850pcm. The  accommodation within this apartment briefly comprises of:

Open Plan Lounge/Diner/Kitchen - 6.48m x 4.7m (21'3" x 15'5" a max) A large open plan living space comprising of a fitted kitchen with space for appliances and plumbing for a washing machine. A formal dining area offers space for a dining table and chairs along with a designated lounge area. Windows to the side elevation and access to the loft space.

Bedroom One - 3.12m x 4.04m (10'3" x 13'3") A large double bedroom with window to the rear elevation.

Bedroom Two - 3.18m x 3.1m (10'5" x 10'2") A second spacious double bedroom with window to the side elevation.

Shower Room - Offering a shower cubicle, WC and Wash Hand Basin.

Along with the sale of the two apartments is the share of the Freehold for the building. For more information please contact Glad Stones Estates.
 

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction. 

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. 

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

 

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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Morshead Road, Crownhill, Plymouth, PL6 5AD

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About Glad Stones Estates, Plymouth

Glad Stones Estates, Unit 21 Faraday Mill Business Park, Faraday Road, Cattedown, Plymouth, PL4 0ST
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Welcome to Glad Stones Estates. We are your local, independent agent! Our goal is to make your house move as smooth as possible. We are a dedicated team with a wealth of industry knowledge and experience. This together with our hands on, personal approach is what sets us apart from our competitors and is why our clients recommend us to their friends and family. Directors Leah and Helen say "We have experienced the pressure of corporate target driven agencies, where customers are a just a number. We work hard to break down the stereotypes of this industry by being open, honest, and trustworthy - putting our clients' needs first. Whether you are looking to buy or sell a property we will guide you through every step of the way"

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Disclaimer - Property reference S1046650. 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 Glad Stones Estates, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Glad Stones Estates, Plymouth on 01752 741613.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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