Modern Fitted Kitchen with Space for Medium Sized Table
Remainder on Long Lease held between the three flats in the block
Pretty Communal Courtyard
Walking Distance to City Centre, Royal William Yard and University
Conservation Area of Stoke Damerel
Allocated Parking Space and non permitted on street parking
Double Glazing and Electric Heating, EPC Grade C
Modern Fitted Bathroom with p-shaped Bath
Great Investment opportunity or First Time Buy - No Onward Chain
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Halford and homes Located up its own private drive off Valletort Road this first floor apartment is within a block of three flats constructed circa 1988. The accommodation and layout has been thoughtfully laid out with well proportioned rooms and a lovely outlook from all the large windows over Stoke Damerel Conservation area or the pretty communal rear garden.
Externally the property benefits from its own private parking space at the end of the drive and access to a communal rear courtyard shared with the two other flats in the block. The property is set back from Valletort Road and has a well kept hedge providing a real feeling of privacy.
Upon entering the building you find a spacious and well presented communal hallway with a particularly large window on the first floor landing providing plenty of light. The flat is located on the first floor and briefly comprises of entrance hallway, kitchen/dining room with space for a medium sized table and large window allowing plenty of light to flood this space. Behind the kitchen you find a good size lounge with large window overlooking the rear garden. Both bedrooms are doubles and would suit a growing family or sharers. The bathroom is modern with window to side and p-shaped bath with shower over.
Other benefits include the remainder of a 999 year lease, with all flats in the building owning the freehold and a peppercorn rent being agreed. The monthly service charge is just 55 (660 per annum) far more reasonable then many similar apartment buildings. The property benefits from electric heating and double glazing and has an energy rating of C.
The vendor has confirmed furniture currently used to dress the property can be negotiated as part of the sale. Whilst the apartment has its own allocated parking space, it also has the benefit of on street parking with no permit restrictions.
Stoke is a part of Plymouth that retains a sense of community and still retains a local church, village shops, cafes, restaurants, vibrant community centre, schools and even its own little train station just a five minute walk from the apartment. Also Millbridge is in close proximity with a number of small shops and a boutique atmosphere. The apartment is approximately one mile from Plymouth City Centre and a similar distance to the Naval Dockyard. Stoke has a number of local parks and is in close proximity to Plymouth Life Centre and Central Park. Heading in the other direction towards the Centre you can find the famous Royal William Yard, popular with a number of restaurants and shops.
Whilst the property would make a fantastic first time buy or downsize from a larger property due to its well proportioned rooms, others might wish to invest, the current owner has confirmed income in the region of 9100 - 9360 per annum. This would produce an approximate yield after service charges in the region of 5.7% - 6.7%. The property also complies with all the latest fire safety legislation and a compliant EPC under the new legislation that came into force in April 2018.
Halford and Homes strongly feel this property needs to be viewed to appreciate the full potential. To arrange a viewing please contact the agent on .
Three steps lead from the driveway to front door and into a spacious communal hall with a meter cupboard and understairs storage. Stairs to the first floor lead to the apartment door.
The door to the apartment opens onto an entrance area with intercom entry phone and coat hooks. This leads into a spacious hall with bookcase and large storage cupboard housing water cylinders and cleaning equipment. All doors lead from this hall.
Lounge (14' 6'' x 11' 9'' (4.42m x 3.58m))
The rear facing living room has a large double glazed window looking onto the back garden and has a storage radiator, satellite wifi point, telephone point and TV aerial points.
Kitchen/Diner (14' 3'' x 9' 5'' (4.34m x 2.87m))
There are base and wall mounted units complemented by tiling with integrated appliances comprising of electric oven with 4 ring electric hob, extractor and single drainer sink. The appliances in situ can be left or removed as required. High spin quick washer/dryer, dishwasher, fridge freezer and microwave. There is attractive practical flooring and window to the front driveway. There is a storage heater.
Bedroom One (12' 6'' x 11' 5'' (3.81m x 3.48m))
The rear facing double bedroom has a large double glazed window looking onto the back garden and has an aerial point, storage radiator, fitted wardrobes, fitted cupboards and fitted dressing table.
Bedroom Two (11' 1'' x 9' 5'' (3.38m x 2.87m))
The front facing double bedroom has a large double glazed window looking onto the trees and shrubs in the driveway. It has a storage radiator.
Bathroom (6' 2'' x 5' 11'' (1.88m x 1.80m))
A pleasant modern bathroom with wall heater and practical flooring. There is a white 3 piece suite with fitted p-shaped shower screen and electric shower over the full sized bath. The room is part tiled and has a double glazed window with obscure glass looking onto a pretty cherry blossom tree at the side of the property.
Front of property. – Driveway with generous-sized allocated parking space and attractive hedges and trees. Extra street parking with no permits required. Well maintained secluded gated garden stocked with shrubs and flowers providing colour and beauty all year round and catching the sun from different angles all day. Communal rotary drying line. Extensive paved area ready for garden furniture or barbeque. Separate space for bins.
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Total annual consumption (in cubic meters) is then averaged into a monthly cost.
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