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Penrose House, Lockyer Quay, Plymouth

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Reduced on 13/11/2020
Martin & Co, Plymouth

Key features

  • Turn-Key Investment
  • Third Floor Apartment
  • One Bedroom
  • Spacious Open Plan Living Accommodation
  • Lots Of Natural Light Having Dual Aspect
  • Walk To The Barbican
  • Gas Central Heating
  • Double Glazed
  • Investment Potential
  • No Onward Chain

Property description

Tenure: Leasehold

SUMMARY ***RARE 100% OWNERSHIP OF 1 BEDROOM APARTMENT*** This Second Floor Apartment occupies an excellent central location to Plymouth City Centre. The accommodation, complete with entry phone system, double glazing and gas central heating, comprises one double bedroom, spacious open plan dual aspect living area including fitted kitchen and separate bathroom.  

FULL DESCRIPTION This spacious and impressive second floor apartment is conveniently located close to the city centre of Plymouth and historic waters edge.

The accommodation comprises a generous entrance hallway with a spacious open plan dual aspect living area with fitted kitchen, one double size bedroom and a bathroom with shower over bath, hand basin, w.c.

The property has a secure entry phone system, double glazing and gas central heating.

Outside there is storage for bicycles and parking on a first come first served basis.



SITTING ROOM 16' 7" x 13' 3" (5.05m x 4.04m)  


BEDROOM 13' 3" x 9' 1" (4.04m x 2.77m)  


LEASEHOLD INFORMATION We understand that the apartment is held on Lease for a term of 85 years remaining and subject to a maintenance charge of approximately £1001.06 per year(includes building insurance). The above information is provided in good faith, although we would recommend prospective purchasers consult their own solicitor for formal verification.  

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

AGENTS NOTES This property is being offered with no onward chain and is currently Let via Martin & C0/Executive Lets for £515 a calendar month. In terms of a rental value to a property investor, this would provide an annual return to any investor of £6,180. Investors would look for returns on these type of properties in Plymouth of c. 5-7% gross, having a favourable 5.9% return.  

NOTES TO PURCHASER 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 traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.  

Energy Performance Certificates


Penrose House, Lockyer Quay, Plymouth


Distances are straight line measurements from the centre of the postcode
  • Plymouth Station0.9 miles
  • Devonport Station1.9 miles
  • Dockyard Station2.3 miles
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About the agent

Martin & Co, Plymouth

27 Mutley Plain, Mutley, Plymouth, PL4 6JG

Martin & Co, Plymouth

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.

The company has always used computer and internet technology, but the company's biggest

strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

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Disclaimer - Property reference 101449005520. The information displayed about this property comprises a property advertisement. 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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