Ocean Street, House Converted Into 4 X Flats, Devon, PL2

Four Flats in One Building current rental £24,000 a annum with a yield of 11.4%. Ocean street has been adapted to create four individual flats. The property comprises of 2 x Studio flats and 2 x one bedroom flats with communal laundry area.

Ocean Street was finished being converted in 1997 and since then, has been a very successful & well-established rental property. With some of the current tenants having stayed for 6 years and would like to continue renting via the new landlord.

Flat 1 Studio is situated at the rear of the property with a modern kitchen, and main living area with en-suite. This flat benefits from access to its own private ceiling storage area.

Flat 2 is a studio flat on the left as you first enter the property. The flat benefits from a modern fitted kitchen which leads to a living and sleeping area with bay window facing the front aspect. The property has access to private under stairs storage.

Flat 3 is the largest flat in the property and is situated on the 1st floor with a large modern kitchen, large living room, bedroom and en-suite.

Flat 4 is in the roof space leading into open plan kitchen and lounge space with bedroom with Velux window and bathroom.

EPC Grade:
Flat 1 D
Flat 2 E
Flat 3 C
Flat 4 E

Council Tax Band: B
Tenure: Freehold
Local Authority City Of Plymouth
Conservation Area No
Council Tax Band Band B
Council Tax Estimate £1,723
Rivers & Seas No Risk
Surface Water Very Low
Broadband (estimated speeds)
Standard 6 mbps
Superfast 74 mbps
Ultrafast 1000 mbps
Satellite & Cable TV Availability

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

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