1 bed flat for sale

Napier Terrace, Mutley, Plymouth PL4

Guide price £90,000 to £100,000
A short walk from Plymouth University. This wonderful top floor apartment is set over 502 sq. Ft. Internally offering accommodation to include a 12' double bedroom, bathroom, 12' lounge/dining room & kitchen. A perfect investment opportunity offering a gross rental yield of 8.8%, renting at £700 per calender month. Er-d

guide price £90,000 to £100,000
This incredible opportunity is available with no onward chain. This property would suit first time buyers and investment buyers alike. The property would rent for £700 per calendar month, giving the successful buyer a potential gross rental yield of 8.8%. The property is situated just off of the famous Mutley Plain. It is a short walk, also from the University of Plymouth and the Plymouth City Centre. This wonderful top floor apartment is set over 502 sq. Ft. Internally offering accommodation to include a 12' double bedroom, a modern fitted bathroom, a 12' lounge/dining room with city scape views & a fitted kitchen. The property benefits from a 125 year lease and a share of the freehold. The current service charge is £360.00 per annum with a peppercorn ground rent.. Er-d

The Location

Plymouth, known as Britain’s Ocean City, is a dynamic coastal destination offering a rich blend of history, culture, and modern living. Positioned between the scenic South Devon coastline and the rugged beauty of Dartmoor National Park, Plymouth enjoys a stunning natural setting alongside excellent urban amenities. The city boasts a diverse range of neighbourhoods, from the bustling waterfront of The Barbican and Sutton Harbour to the leafy suburbs of Mannamead and Peverell. Plymouth Hoe, with its iconic lighthouse and sweeping sea views, is a centrepiece for outdoor leisure, while Royal William Yard provides a vibrant hub for dining, shopping, and entertainment. Plymouth is steeped in maritime history, famously linked to the Mayflower Pilgrims and Sir Francis Drake. Today, its cultural scene thrives with theatres, galleries, and the award-winning National Marine Aquarium. For families, the city offers a wide choice of excellent schools and parks, while professionals (truncated)

The Property

Entrance Hallway (1.47m x 0.96m)

Bedroom (3.84m x 3.76m)

Storage Cupboard (2.39m x 0.97m)

Bathroom (2.63m x 1.68m)

Kitchen (2.74m x 1.87m)

Lounge/Dining Room (3.94m x 3.9m)

Directions

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Vendor Situation

This property is being sold with no onward chain.

Material Information

Tenure: Leashold
Lease Length: 125 Years From September 2004.
Service Charge: £360.00 Per Annum.
Ground Rent: £1.00 Per Annum.
Council Tax Band: A with Plymouth City Council.
Broadband: Standard, Superfast & Ultrafast.
Mobile: EE, 3, O2 & Vodafone Likely
Mains: Electricity, Water, Gas & Drainage.
Heating: Gas.
Rights and Restrictions: No Pets.
Flood Risk: Very Low Risk .1%.
Mining: Not Affected By Mining.
Construction: Stone, Brick & Block.
Parking: On Street Parking Only.

Disclaimer

1. Accuracy Of Information:

These sales particulars have been prepared as a general guide only and do not form part of any offer or contract. All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are provided in good faith and are believed to be accurate at the time of publication. However, they should not be relied upon as statements or representations of fact, and any interested parties should independently verify the accuracy of the information.

2. Measurements And Floor Plans:

All measurements are approximate and provided for general guidance only. Floor plans are not to scale and are for illustrative purposes only. Purchasers are advised to check measurements for specific purposes, such as furniture placement or structural changes.

3. Condition And Suitability:

No warranty or guarantee is provided regarding the condition, structural integrity, or suitability of the property for any specific purpose. Interested parties are advised to obtain professional surveys and legal advice before entering into any contract.

4. Services And Appliances:

The agent has not tested any services, systems, or appliances at the property. Purchasers are encouraged to carry out their own investigations to confirm that these are in working order.

5. Photographs And Marketing Materials:

The photographs, videos, and other marketing materials included in these particulars are for illustrative purposes only and may include items that are not part of the sale. Properties may appear different during viewings.

6. Third-Party Information:

Where information has been provided by third parties (such as planning permissions or legal documentation), the estate agent does not accept liability for any inaccuracies or omissions.

7. Viewing Arrangements:

Viewings are strictly by appointment through the estate agent. Any prospective purchasers entering the property do so at their own risk.

8. Fees:

In accordance with Anti-Money Laundering Regulations, Tamar Estates is legally required to carry out customer due diligence checks on all clients. This includes verifying identity and confirming the source of funds for any transactions. To comply with these legal obligations, we engage third-party providers to conduct the necessary checks. A non-refundable fee of £55.00 (inclusive of VAT) will be charged to cover the cost of these verification processes. This fee is payable prior to commencing any property marketing or at the point of acceptance of an offer on a property. Failure to provide the required information or complete the necessary checks may result in delays, the termination of our services or your offer not being accepted. For further information on our obligations under the Money Laundering Regulations, please contact us at

9. Regulatory Compliance:

This property is marketed in compliance with the Consumer Protection from Unfair Trading Regulations 2008, the Business Protection from Misleading Marketing Regulations 2008 & and ntselat Material Information Parts A, B & C. Should you have any concerns, please contact the estate agent.