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GUIDE PRICE £80,000 - £85,000
A fantastic buy to let opportunity is this double bedroom ground floor flat located in this ideal position close to Plymouth University, Plymouth train station and Plymouth City Centre. The property has been achieving a rental of £495pcm.
A path leads up to the main front door leading into the communal hallway with the main flat door on the left hand side leading into this ground floor flat. The flat offers accommodation comprising of a living room/kitchen, with the kitchen area fitted with a selection of base cupboards with work surfaces over. Further wall mounted units provide extra storage and there are spaces for appliances.
The bedroom is located to the front of the property and is a lovely large double room with a bay window to the front while there is also a bathroom fitted with a bath and wash hand basin with a further door leading to the WC.
This flat would be ideal for first time buyers or buy to let investors achieving a rental figure of £495pcm which would bring in a return of between 6.99% - 7.43%. The flat benefits from a brand new 999 year lease which is in the process of being drawn up. The management fees have been confirmed at £490pa this includes your ground rent, maintenance fees and communal charges.
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