112 Victoria Road, St Budeaux, Plymouth, Devon PL5 1RB
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes 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
- Current EPC (112 - EPC D63, 112b - EPC C69)
- Unconditional Livestream Auction Tuesday 25th March at 14.00
- An Ongoing Investment Opportunity
- 3 Flats Let on ASTs (Assured Shorthold Tenancy Agreements)
- An Enclosed Yard to the Rear
- Situated in a Convenient Location in St Budeaux
- Potential for Increase in line with Market Value
- Good Condition
- Legal Pack Available to Download Free of Charge
- See Additional Fee Note
Description
**SOLD IN OUR LIVESTREAM AUCTION - SIMILAR PROPERTIES REQUIRED***Guide Price £150,000+ (plus fees). For Sale by Unconditional Livestream Auction Tuesday 25th March 2025 at 14.00. A freehold investment opportunity with 3 flats, all let on ASTs and a rear enclosed yard! Legal Pack via our website.
Investment Opportunity
An extended freehold building comprising of three apartments, all let on AST (Assured Shorthold Tenancy Agreements) producing an approximate gross income of £23,220pa with opportunity for increase. The sale also includes an enclosed yard to the rear.
AUCTIONEERS NOTE Please note, the leasehold interest of the ground floor flat 112 Victoria Road is not included in the sale and has been sold off on a long lease (125 years from 1 January 2021).
The first floor flat has a lease of 999 years from October 1990 however, the remaining two flats have no leases.
The sale includes the lease of the first floor and the freehold title of the whole building. Each flat has had a replacement boiler and further information can be found in the legal pack.
Current Rental Incomes -
11 Lynher Street 1 bed flat with 1 shower room - £525pcm
112a Victoria Road 2 bed flat with 1 bathroom & 1 shower room - 625pcm
112b Victoria Road 2 bed flat with 1 bathroom & 1 shower room - £785pcm
PLEASE NOTE: Local search expected to be returned on '27 Mar 2025'.
ACCOMMODATION 11 LYNHER STREET
Lounge / Kitchen 3.414m x 5.089m
Bedroom 3.372m x 3.930m
Shower Room 1.182m x 1.782m
Toilet 1.271m x 1.782m
Inner Hallway 1.416m 2.109m
112B VICTORIA ROAD
Living Room 3.922m x 5.082m
Kitchen 2.081 x 2.716m
Bedroom One 2.274 x 3.806
En Suite 2.013 x 1.469
Bedroom Two 3.783 x 2.968m
Bathroom 2.252 x 2.972
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
VIEWINGS Please telephone Auction House South West on to request a viewing.
NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Tenure: Freehold
EPC Rating: 112 - EPC D63, 112b - EPC C69
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £300 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
112 Victoria Road, St Budeaux, Plymouth, Devon PL5 1RB
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About Auction House, South West
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Visit our security centre to find out moreDisclaimer - Property reference 202501310922sq_q9l8. 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 Auction House, South West. 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 Auction House, South West on 01752 741383.
*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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