Lot 7 - 2 Sussex Place The Hoe, Plymouth, Devon PL1 2HT

Guide Price : Circa £225,000
Sold Post Auction
The Hoe, Plymouth, Devon, PL1 2HT

Features

  • A substantial freehold residential investment property of character
  • An imposing building arranged as four apartments
  • Situated in a quiet cul-de-sac in a prime letting district in close proximity to Plymouth Hoe and the City Centre
  • Currently fully let and producing a gross rental income equating to approximately £22500 per annum

Tenure : Freehold

Freehold subject to existing tenancies.

Property Details

Location

Sussex Place is situated off Citadel Road within easy walking distance of the City Centre and the waterfront along Plymouth Hoe.

Description

A bay fronted building arranged as four flats and enjoying the benefit of a central location in the heart of a favoured residential area popular for both owner occupation and for letting purposes. The main roof surface has been renewed in recent years. The property is offered subject to the existing Assured Shorthold tenancies which at the time of going to print are as follows:

Lower Ground Floor Flat: Flat 1 let at a rent of £420 per calendar month

Ground Floor Flat: Flat 2 let at a rent of £550 per calendar month

First Floor Flat: Flat 3 let at a rent of £425 per calendar month

Second Floor Flat: Flat 4 let at a rent of £480 per calendar month

Accommodation

Lower Ground Floor

A self contained flat accessed from forecourt and comprising:

Vestibule Entrance, Entrance Hall, Sitting Room, Bedroom (double), Kitchen and Bathroom with separate W.C.

Ground Floor

Communal Vestibule Entrance and Entrance Hall.

A self contained ground floor flat comprising:

Sitting Room, Bedroom (double), Inner Hall, Kitchen, Bathroom and separate W.C.

First Floor

Half Landing with Cloakroom with W.C. for the use of the Second Floor Flat and a Shower Room and separate W.C. for the use of the First Floor Flat.

A first floor flat comprising:

Entrance Lobby, Sitting Room, Bedroom (double) and Kitchen.

Second Floor

A second floor flat comprising:

Landing, Sitting Room, Bedroom (double) and Kitchen/Breakfast Room with shower cubicle.

Outside

Enclosed rear courtyard garden.

For illustrative purposes only and not necessarily correct in every detail. NOT TO SCALE
Prospective purchasers should satisfy themselves as to the actual layout by personal inspection. This plan is provided for location identification purposes only. It does not necessarily indicate the precise boundaries of the site.

Auction Information

  • Status : Sold Post Auction

  • Residential Property Auction
  • Auction Date : Thursday 1 Nov 2018
  • Auction Start Time : 14:00
  • Auction Venue : The New Continental Hotel, Millbay Road, , Plymouth, PL1 3LD

Vendor Solicitors Information

KITSONS, Langage Business Park, Ashleigh Way, Plymouth
Tel: 01752 603040
Fax: 1234568798
DX: 125 125
Reference: Jane Bromley

Sole Agents Information

Shobrooks

EPC Ratings

Lower Ground Floor Flat
E51
Ground Floor Flat
D61
First Floor Flat
F25
Second Floor Flat
D62