Molesworth Road, Stoke, Plymouth, PL3 ONLINE AUCTION

Glad Stones Estates, working in partnership with Pattinson Auctions, are pleased to welcome this substantial apartment to the market via online auction. The property offers versatile accommodation making the perfect rental investment opportunity, in the highly desirable location of Stoke. The property is currently arranged as four double bedrooms with two en-suite shower rooms, open plan kitchen / diner / living room and bathroom. The property has proved to be a lucrative rental investment for the current owner with a healthy annual yield. Please see below for further information.

Stoke village is loved by local residents for the wide range of amenities on offer, from independent shops, bars and cafes to opticians and beauticians. A favourite with Dockyard employees due to the very easy work commute. Babcock is one of the city’s largest employers. Stoke offers a community feel whilst being within easy access of Plymouth City Centre and the A38.

We access the property via a uPVC front door leading to the communal hallway. A wooden door gives access to the private accommodation, with stairs leading to the first floor. A large window to the rear elevation makes a light and bright landing giving access to the accommodation which briefly comprises of:

Open Plan Kitchen / Dining Room / Living Room: A spacious and modern fitted kitchen with space for appliances. Windows to the front and side elevation. Space for dining table and chairs and/or lounge furniture.

Room One: A large Double bedroom with bay window to the front elevation. En-suite shower room comprising of a modern fitted suite including shower, WC and wash hand basin.

Room Two: A large double room with window to the rear elevation. En-suite shower room with modern fitted suite comprising of Shower, WC and wash hand basin.

Room Three: A spacious double room currently arranged as a bedroom but could be utilised as a lounge with large window to the front elevation.

Room Four: A large double bedroom with built in storage cupboard and window to the rear elevation.

Bathroom: A large bathroom with stained glass window to the side elevation and offering a free-standing roll top bath, shower cubicle, WC and wash hand basin along with a storage cupboard which houses the boiler.

Other benefits include Gas Central Heating, mostly double glazed and the property is offered with no onward chain.

Potential Rental Income: It is estimated that the potential for each room, rented on an individual basis would achieve in the region of:

Large Double Bedrooms with En-Suite Shower Room £650pcm

Double Bedrooms with Shared Bathroom Facilities £p600cm

The team at Glad Stones Estates envisage this property to appeal to a rental investor looking to add to their portfolio with a property that will appeal to working professionals in the area. Equally this could make a fantastic first time buy for anyone looking to step on the ladder within the Stoke location with the option to spread the costs with lodgers. 

An internal viewing is highly recommended to appreciate the size and potential this property has to offer. Contact Glad Stones Estates now on

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.