14 Nelson Street, Plymouth, Devon, PL4 8ND
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
4
- BATHROOMS
2
- 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
- Four-bedroom student property
- Generous and well-proportioned bedrooms
- Spacious communal lounge/dining area
- Large decked roof terrace
- Excellent turnkey investment opportunity
Description
Guide Price £150,000 to £220,000 * Buyers Premium Applies
For sale by unconditional online auction.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
Town & Country Property Auctions are delighted to offer For Sale by Public Auction this superb four-bedroom student investment property, ideally positioned within one of Plymouth's most popular student locations and within extremely close proximity to the university.
Finished to a high contemporary standard, this impressive property offers an excellent combination of strong rental income, generous bedroom sizes and well-designed communal accommodation, making it an attractive turnkey investment for landlords seeking an established student rental.
The property is currently let to student tenants for the existing academic year and the following academic year, producing a gross rental income of £2,776 per calendar month, based on an all-inclusive rental arrangement.
The accommodation is arranged over three floors and provides four generously proportioned bedrooms, with the emphasis throughout on creating a comfortable and appealing student home.
The ground floor comprises two good-sized bedrooms, a useful utility area and shower room.
The first floor provides a modern separate kitchen, further shower room and mezzanine-style accommodation. To the front is a spacious communal lounge/dining room together with the third bedroom, providing an excellent social space for the occupants.
A particular feature of the property is the large decked roof terrace, accessed via patio doors from the upper floor. This provides a fantastic outdoor entertaining area and enjoys views extending towards Plymouth Hoe a highly desirable feature for a student property.
The second floor is home to the fourth bedroom, which is particularly spacious and benefits from a rear Dorma window together with two Velux windows to the front, creating a bright and versatile room.
An excellent opportunity to acquire an established student investment in a highly sought-after Plymouth location, with tenants already secured and a strong rental income in place. Early viewing is highly recommended
The property will be entered into our 26th August auction which is held online and starts at 10am. You must register to bid and download the legal pack.
PROPERTY FEATURES
. Four Bedrooms
. One Reception Room
. Council Tax Band: A
. Rental Value Per Month: £2776
. Freehold
. 56 Day Completion
VIEWING ARRANGEMENTS
We will be holding viewing slots, please call us on .
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 3%+VAT (subject to a minimum of £7,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding- 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.
- Ask agent
- 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
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About Town & Country Property Auctions, Bournemouth
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Visit our security centre to find out moreDisclaimer - Property reference 361007. 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 Town & Country Property Auctions, Bournemouth. 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 Town & Country Property Auctions, Bournemouth on 01202 125862.
*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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