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Marlborough Street, Devonport, Plymouth, PL1

Key features

  • EXCELLENT INVESTMENT OPPORTUNITY
  • COMMERCIAL UNIT AND FLATS
  • FOR SALE BY PUBLIC AUCTION

Description

A high yielding multi faceted freehold investment opportunity, comprising of four x one bedroom flats, a ground floor retail premises, garage and additional enclosed yard space with 2 vacant storage facilities offering the potential for further income/potential redevelopment subject to any requisite consents. The retail unit, all four flats and the garage are currently let and generating a combined income of £2,795 pcm/£33,540 pae.

Marlborough Street is situated in the heart of Devonport offering a wide selection of shops, mini supermarkets and food outlets. Set in the historic Naval Quarter of Plymouth the area is home to HMNB Devonport and is a regenerating neighbourhood with many of its historic buildings having been converted into luxury apartments.

Ground Floor - Self contained shop unit comprising of main retail area, inner hallway/storage with access to the rear courtyard and a rear office/storage area, totalling 73 square metres and with a VOA rating of £8,000.

Separate access to the communal entrance hall to the flats and stairs rising to all floors.

First Floor - Communal landing with access to the fire escape.

Flat 1: Open plan lounge/kitchen/diner, double bedroom and shower room.

Flat 2: Entrance hall, open plan lounge/kitchen/diner, double bedroom and shower room.

Second Floor - Flat 3: Entrance hall, open plan lounge/kitchen/diner, double bedroom and shower room.

Third Floor - Flat 4: Living room, kitchen, double bedroom and bathroom.

Outside - Fully enclosed rear courtyard with two vacant storage facilities, WC, yard space and garage (currently let).

Viewings - Strictly by prior appointment with Fulfords St Budeaux . General enquiries Countrywide Property Auctions .

EPC RATINGS - Shop - E, Flat 1 - D, Flat 2 - D, Flat 3 - C, Flat 4 - E

Council Tax Bands - All flats individually rated band A
Retail VOA rateable value £8,000

Tenure - Freehold

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Marlborough Street, Devonport, Plymouth, PL1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Devonport Station0.5 miles
  • Dockyard Station0.6 miles
  • Keyham Station1.1 miles
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About the agent

Fulfords, St. Budeaux

2 Pemros Road, Plymouth, PL5 1ND

Fulfords, St. Budeaux

Established in 1863, Fulfords is one of the oldest property businesses in the South West and has residential branches and specialist Departments across Devon and Somerset. With twenty High Street branches, there is a wealth of local property experts, Fulfords are in a prime position to offer you local expertise and knowledge during your property transaction.

When you chose to use Fulfords as your estate agent you can rest assured that your sale will be dealt with effectively by staff wh

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference STX230327. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fulfords, St. Budeaux. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fulfords, St. Budeaux on 01752 741679.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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