Guide price
£60,000
2 bed flat for saleCheriton Close, Plymouth PL5
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Francis Stuart Investment Sales
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About this property
Purpose Built Apartment
2 Double Bedrooms
Lounge / Diner
Double Glazing
Gas Central Heating
Far Reaching Views
Currently Let at £680 pcm
Gross Yield of 13%
Guide Price of £60,000 to £70,000
Introducing this charming 2-bedroom apartment, a prime addition to your rental portfolio in the West Park neighbourhood of Plymouth.
Step inside, where you'll find a cosy lounge and dining area, a well-appointed kitchen, a family-sized bathroom, and two generously proportioned double bedrooms, ensuring comfortable living.
This property offers modern amenities such as efficient gas central heating and double-glazed windows. Additionally, its breath-taking far-reaching views add to the overall allure.
Currently, the apartment is leased under an assured shorthold tenancy, generating a monthly rental income of £680, resulting in an impressive gross yield of nearly 13%. Don't miss out on this fantastic investment opportunity.
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More information
Tenure
Leasehold (88 years)
Service charge
£1,908 per year
Council tax band
Ground rent
£10
Ground rent date of next review