Offers over
£90,000
2 bed flat for sale
Warburton Gardens, Plymouth PL5Leasehold
2 beds
1 bath
1 reception
Key information
Tenure
Leasehold (87 years)
Service charge
£700 per year
Council tax band
A
Ground rent
£60
Ground rent date of next review
About this property
Buy to Let
No Chain
Tenant in situ
Turn Key Investment Property
Ground Floor Flat
Double Glazing
Gas Central Heating
Summary
This well-maintained purpose-built flat presents a fantastic investment opportunity, offering a hassle-free transaction with a reliable tenant in situ. With low service charges, minimal ground rent, a long lease, and no onward chain, this property is a smart choice for savvy investors!
Description
Step inside this purpose built two-bedroom flat, thoughtfully designed to cater to the needs of modern tenants seeking comfort and convenience. The spacious layout offers ample room for relaxation, work, and socialising, making it an attractive option for renters looking for a cosy place to call home.
With a reliable tenant already occupying the property, you can enjoy immediate rental income from day one, eliminating the need for an extensive search for tenants and ensuring a seamless transition into your investment portfolio. Benefit from a hassle-free arrangement that allows you to start earning returns on your investment without delay.
The long lease associated with this flat offers security and peace of mind, giving you the confidence to plan for the future and make informed decisions about your investment strategy. Enjoy the stability of a property with a solid foundation that promises long-term returns and potential for capital appreciation.
With no onward chain, the process of acquiring this investment property is streamlined and straightforward, allowing you to proceed with the purchase smoothly and efficiently. Take advantage of this opportunity to add a valuable asset to your portfolio and benefit from the steady rental income generated by this well-positioned and well-managed flat.
Entrance Hall
Enter the building via a communal entrance to access the ground floor flat. Once inside the property enter via doorway access into the entrance hall, with cupboard storage and doorway access to the lounge, kitchen, bedroom one and two and the bathroom.
Lounge 11' 4" x 15' 5" ( 3.45m x 4.70m )
The lounge is carpeted and has a double glazed window to the front aspect. Radiator and TV points.
Kitchen 8' 8" x 10' 3" ( 2.64m x 3.12m )
The kitchen is tiled with laminate flooring and a double glazed window. It comprises of wall and base units with worktops above. Extractor hood. Space for a washing machine and a cooker. Wall mounted boiler. Stainless steel sink and drainer with deck mounted taps. Double glazed window to the side elevation.
Bedroom One 11' 6" x 10' 9" ( 3.51m x 3.28m )
Bedroom One is carpeted with a double glazed window and cupboard storage.
Bedroom Two 8' 8" x 10' 6" ( 2.64m x 3.20m )
Bedroom Two is carpeted with a double glazed window and a radiator.
Bathroom
The Bathroom is tiled and has a double glazed window. It comprises of a Wc, wash hand basin and bath with shower over.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Stamp duty calculator
We've updated our calculator to take into account the stamp duty cut announced by the chancellor on 23 September 2022. Read more stamp duty news and how stamp duty works
More information
Listed by
Connells - St Budeaux