Guide price
£80,000
1 bed flat for saleAlexandra Road, Mutley PL4
1 bed
1 bath
1 reception
EPC Rating: D
- Chain free
- Auction
- Leasehold
Martin & Co Plymouth
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About this property
One bedroomed apartment
Great investment
Tenant in situ
Convenient location
Ground floor
Separate kitchen
For sale by modern method of auction
Great yield
Chain free
Council tax band A
***well positioned ground floor apartment on mutley plain*** - Located on Alexandra Road, close to amenities, this ground floor apartment represents a great opportunity for an investor seeking a property or a First Time Buyer. Accommodation comprises: Large lounge, separate kitchen, double bedroom and bathroom. With allocated parking space. EPC - D
For sale by modern method of auction.
Summary ***well positioned ground floor apartment on mutley plain*** - Located on Alexandra Road, close to amenities, this ground floor apartment represents a great opportunity for an investor seeking a property with a tenant in situ. Accommodation comprises: Large lounge, separate kitchen, double bedroom and bathroom. With allocated parking space. EPC - D
location The property is located opposite a Gym and a short walk off Mutley Plain which is a vibrant residential and social hub lying to the north of the city centre and in close proximity to the University. The area benefits from high quality and period rental property and has excellent transport links through a well-served public transport system which links Mutley with the city centre and north towards Derriford Hospital. The area is popular with a mix of younger professionals and students.
Detail Located mid-way along Alexandra Road, a short walk from Mutley Plain, this double bedroom ground floor apartment is elevated from the road and set back from it. Benefiting from double glazing and gas central heating it is well-presentated, spacious and conveniently located.
The apartment is one of two located on the ground floor. There is a well-maintained communal lobby and further door which leads into the apartment.
The sitting room area is of significant size measuring some 5.28 x 3.97m with double-glazed bay window facing out to the front of the property - an ideal place to position a dining table or desk. There is a large service hatch between the sitting area to the kitchen which effectively links the two rooms, but can also be closed when cooking.
The kitchen is fitted to traditional wooden cabinets on two sides. Space for fridge-freezer with halogen hob and electric oven with hood over. The floor is laid to wooden laminate.
The double bedroom is located towards the rear of the property and there is an adjoining door from the bedroom directly into the bathroom. The bathroom is laid to vinyl and fitted with electric shower over bath, cream tiling to ceiling, basin, WC and extractor.
Viewings Interested applicants should call Martin & Co (Plymouth) today on in order to arrange their viewing appointment.
Leasehold information We understand the flat is held on a lease with 968 years remaining. There charges of are £1250 per annum. These details have been provided in good faith but we recommend formal verification from a solicitor.
Note to applicants 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. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.
Auctioneer's comments This property is offered through Modern Method of Auction. Should you
view, offer or bid your data will be shared with the Auctioneer, iamsold
Limited. This method requires both parties to complete the transaction within
56 days, allowing buyers to proceed with mortgage finance (subject to
lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
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More information
Tenure
Leasehold (969 years)
Service charge
£1,250 per year
Council tax band
A
Ground rent
Ground rent date of next review