Lot No.: 3
4, SALCOMBE ROAD
LIPSON, PLYMOUTH, DEVON, PL4 7NE
Property Details
Location
This property is situated on the southern side of Salcombe
Road close to its junction with Lipson Hill. Freedom Fields
Park is nearby and the City Centre and the Mutley Plain
district shopping centre are both within easy reach a mile
or so distant. The main campus of Plymouth University
is also readily accessible.
Description
A substantial property probably built in about 1900 or
thereabouts now arranged as two spacious self contained
apartments for letting purposes. Each flat enjoys the
benefit of a gas fired central heating system and the
majority of the windows are double glazed. The main
roof surface has been renewed in recent times and there
is a small front garden and an enclosed rear garden with
the potential to provide an element of on site parking in
the future if so required.
The property is offered subject to existing Assured
Shorthold tenancies which at the time of going to print
are as follows:
Ground Floor Flat
let at a rent of £425 per calendar month
First Floor Flat
let at a rent of £515 per calendar month
Accommodation
Ground Floor
Communal Vestibule Entrance and Entrance Hall.
A self contained Ground Floor Flat comprising:
Hall, front Bedroom (double), rear Bedroom (double),
Sitting Room/Breakfast Room combined, Kitchen and
Shower Room with W.C.
First Floor
A self contained First Floor Flat comprising:
Landing, Sitting Room, No.1 Bedroom (double), No.2
Bedroom (double), Kitchen, Bathroom and separate W.C.
Outside
Small front garden and enclosed rear garden with store
Tenure
Freehold subject to existing tenancies
EPC Rating
Ground Floor Flat:
First Floor Flat:
Sole Agents
SHOBROOK & CO LTD
GUIDE PRICE - £170,000 - £185,000
Vendors Solicitors
WOLFERSTANS, Deptford Chambers, 60/66 North Hill, Plymouth, PL4 8EP
Tel: 01752 663295 FAX: 01752 672021
DX: 8206 Plymouth 1 Reference: Nikki Cobb
Superior freehold residential
investment property
An imposing bay fronted
building arranged as two self
contained flats
Located in a well established
and favoured residential
location
At present fully let and
producing a gross rental
income equating to
approximately £11280 per
annum
Potential for rental
enhancement in the future
or for sale of individual flats
on a long leasehold basis
or for conversion back to
a substantial single family
dwelling
C69
D67
