Potential for a multitude of uses for investment purposes
Well Presented throughout
Viewing Advised - Great FIRST TIME BUY
HALFORD AND HOMES 01752 418104
STUNNING CENTRAL APARTMENT - LARGER THAN AVERAGE - ALLOCATED PARKING SPACE - VERY WELL PRESENTED - LONG LEASE - VIEWING HIGHLY RECOMMENDED
This very well presented ground floor apartment offers a good proportioned reception space. Completed to a high standard the main open plan room includes a lounge area, dining area and modern fitted kitchen. The apartment is accessed via a well kept communal hallway with video phone access for any visitors. The apartment is on the ground floor providing almost level access from the front of Brittany Street. The entrance hall in the apartment is wide in stature and initially you'll find the modern fitted bathroom with long shelf and mirror creating the feel of a boutique hotel bathroom. The apartment also has a double bedroom, the current owner has it arranged as bedroom and office making it an ideal space to work from home if required.
The property importantly has its own private allocated parking space and also benefits from double glazing and gas fired central heating. This apartment is certainly much larger than other one bedroom apartments in the Millbay Marina area and we strongly recommend an internal viewing to appreciate.
Whilst this apartment would make a fantastic FIRST TIME BUY, it would also benefit from being a long term investment. The apartment poses a potential yield in the region of 6%. Others might decide to let the property as a holiday let or serviced accommodation, the standard of the property would lend itself to this and would potentially provide a higher yield. The property would also be perfect for a client wishing to downsize and have a property with almost level access. Boasting almost level access from Brittany Street and no steps internally, making this an ideal downsize!
Millbay Marina is the area to be! Plymouth has undergone a schedule of works that will be continuing throughout the near future, this will be to include creating a walkway from Millbay Marina to Plymouth City Centre. Others like the location due to its ease of access to the Western Peninsula of Stonehouse including Royal William Yard and the Cremyll Ferry. Whilst Plymouth Hoe, Historical Barbican and City Centre are also within walking distance.
With a lease in the region of 241 years remaining ground rent being peppercorn of 1 per year and service charges approximately 100 per month (to include buildings insurance/lift maintenance/communal cleaning etc).
Halford and Homes strongly recommend an early viewing appointment. Please call us on 01752 418104 to arrange.