4 bed flat for sale

Molesworth Road, Stoke, Plymouth PL3

Summary

Pattinson Auctions are pleased to welcome this substantial apartment to the market via online auction. The property offers versatile accommodation making the perfect rental investment opportunity, in the highly desirable location of Stoke. The property is currently arranged as four double bedrooms with two en-suite shower rooms, open plan kitchen / diner / living room and bathroom. The property has proved to be a lucrative rental investment for the current owner with a healthy annual yield. Please see below for further information.

Stoke village is loved by local residents for the wide range of amenities on offer, from independent shops, bars and cafes to opticians and beauticians. A favourite with Dockyard employees due to the very easy work commute. Babcock is one of the city's largest employers. Stoke offers a community feel whilst being within easy access of Plymouth City Centre and the A38.

We access the property via a uPVC front door leading to the communal hallway. A wooden door gives access to the private accommodation, with stairs leading to the first floor. A large window to the rear elevation makes a light and bright landing giving access to the accommodation which briefly comprises of:

Open Plan Kitchen / Dining Room / Living Room: A spacious and modern fitted kitchen with space for appliances. Windows to the front and side elevation. Space for dining table and chairs and/or lounge furniture.

Room One: A large Double bedroom with bay window to the front elevation. En-suite shower room comprising of a modern fitted suite including shower, WC and wash hand basin.

Room Two: A large double room with window to the rear elevation. En-suite shower room with modern fitted suite comprising of Shower, WC and wash hand basin.

Room Three: A spacious double room currently arranged as a bedroom but could be utilised as a lounge with large window to the front elevation.

Room Four: A large double bedroom with built in storage cupboard and window to the rear elevation.

Bathroom: A large bathroom with stained glass window to the side elevation and offering a free-standing roll top bath, shower cubicle, WC and wash hand basin along with a storage cupboard which houses the boiler.

Other benefits include Gas Central Heating, mostly double glazed and the property is offered with no onward chain.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 179

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.