Lot No.: 12
24 ERMINGTON TERRACE
MUTLEY, PLYMOUTH, DEVON, PL4 6QG
Property Details
Location
Ermington Terrace is situated off the western side of the
busy Mutley Plain district shopping centre and also within
easy reach of the principal railway station at North Road,
the main campus of the University and Plymouth City
Centre.
Description
A spacious bay fronted property with accommodation on
three floors and arranged as 5 self contained flats. The
property is offered subject to existing Assured Shorthold
tenancies which are in place at the date of completion
but which, at the time of going to print, are as follows:-
Ground Floor Front Flat (Flat 1) let at a rent of £90 per week
Ground Floor Rear Flat (Flat 2) let at a rent of £60 per week
First Floor Rear Flat (Flat 3) let at a rent of £60 per week
First Floor Front Flat (Flat 4) let at a rent of £100 per week
Second Floor Flat (Flat 5) let at a rent of £90 per week
Rental payments are inclusive of water/sewerage charges
and gas supply charges paid by the Landlord
Accommodation
Ground Floor
Communal Vestibule Entrance and Entrance Hall
A front Ground Floor Flat (Flat 1)
comprising:-
Sitting Room, Kitchen, Bedroom and Shower Room with
shower, wash hand basin and W.C.
A rear Ground Floor Flat (Flat 2)
comprising:-
Sitting Room, Kitchen, Bedroom and Shower Room with
shower, wash hand basin and W.C.
A rear First Floor Flat (Flat 3)
comprising:-
Sitting Room, Kitchen, Bedroom and Shower Room with
shower, wash hand basin and W.C.
A front First Floor Flat (Flat 4)
comprising:-
Entrance lobby, Sitting Room, Kitchen, Bedroom and
Shower Room with shower, wash hand basin and W.C.
A Second Floor Flat (Flat 5)
comprising:-
Entrance lobby, Sitting Room, Kitchen, No. 1 Bedroom,
No. 2 Bedroom, Shower Room with shower and separate
W.C., with low level suite and wash hand basin
Outside
Front garden and rear courtyard
Tenure
Freehold subject to existing tenancies at date of completion
Sole Agents
SHOBROOK & CO LTD
Guide Price £150,000 - £175,000
(plus fees stated inside front cover)
Freehold Residential Investment
A substantial property arranged as 5 flats
Well situated in a favoured residential location just
off the Mutley Plain district shopping centre
Also within walking distance of the City Centre
and the main campus of the University
At present fully let and producing a gross rental
income equating to approximately £20,800 per
annum
In need of renovation but well suited for
refurbishment to provide a superior investment
proposition
Vendors Solicitors
KINGS SOLICITORS, 24 Fore Street, Ivybridge PL21 9AB
Tel: 01752 895252 Fax: 01752 690770
Reference: Richard King
EPC Rating:
Flat 1 - F26
Flat 2 - F36
Flat 3 - G12
Flat 4 - F28
Flat 5 - G16
