Residential and Commercial Property Auction
Thursday 30th Apr 2009
Property Auction- Commencing 2.00pm at the New Continental Hotel, Millbay Road, Plymouth.
Lot 14 : 7, WYNDHAM SQUARE
Central Plymouth, Devon
Location
This superior investment property is located in the heart of Wyndham Square, with St. Peters Church as its focal point, within walking distance of the City Centre and the main campus of Plymouth University.
Description
A spacious property situated in an established and improving residential district extensively refurbished about 20 years or so ago and converted into 5 self contained units (namely four 1 bedroomed flats and a 2 bedroomed maisonette) each one centrally heated. The property also enjoys the benefit of a parking facility for several cars at the rear of the site. This property is well suited for letting purposes to generate a substantial rental income or alternatively the flats lend themselves for sale on an individual basis either for owner occupation or for letting purposes.
Tenure
Freehold subject to existing Assured Shorthold tenancies which at time of going to print are as follows:
Flat 1 - Currently let at a rent of £550 per calendar month exclusive.
Flat 2 - Currently let at a rent of £80 per week exclusive.
Flat 3 - Currently let at a rent of £80 per week exclusive.
Flat 4 - Currently let at a rent of £80 per week exclusive.
Flat 5 - Currently let at a rent of £80 per week exclusive.
Accommodation
Ground Floor
Communal Vestibule Entrance and Entrance Hall.
Flat 1 - A self contained Front Maisonette on the Ground Floor/First Floor comprising: Hall, Living Room and Kitchen (Ground Floor level). Landing, No 1 Bedroom, No 2 Bedroom and Bathroom with W.C. (First Floor level).
Flat 2 - A self contained Ground Floor Rear Flat comprising: Hall, Living Room, Bedroom, Kitchen/Breakfast Room and Bathroom with W.C.
First Floor
Flat 3 - A self contained First Floor Rear Flat comprising: Hall, Living Room, Bedroom, Kitchen/Breakfast Room and Bathroom with W.C.
Second Floor
Flat 4 - A self contained Second Floor Rear Flat comprising: Hall, Living Room, Bedroom, Kitchen/Breakfast Room and Bathroom with W.C.
Flat 5 - A self contained Second Floor Rear Flat comprising: Hall, Living Room, Bedroom, Kitchen and Shower Room with W.C.
Outside
Front and side gardens. Enclosed rear courtyard with hard standing providing a car parking facility for several cars.
