don't miss out, book your place in Open House Event contact us

Union Street

Plymouth

17 Bedrooms

12 Bathrooms

Flat

Price: £1,200,000
GET DIRECTIONS
Price: £1,200,000
EPC Download brochure

WANT TO SELL A SIMILAR PROPERTY?

BOOK YOUR FREE VALUATION

Property Details

Key features

  • Unique Investment Opportunity
  • Three one bedroom flats
  • Seven two bedroom flats
  • Five/six parking spaces and two garages
  • Refurbished approximately 14-years ago
  • Ideal location for Plymouth City Centre
  • Variety and shops and services closeby

Council Tax Band: A

Tenure: Freehold

** CALLING ALL INVESTORS!!** A unique opportunity to purchase a block of 10 flats comprising of three one bedroom and seven two bedroom flats, There is also a large space accommodating 5/6 vehicles and two individual garages, giving a total of seven/eight parking spaces. Annual rental income - £72,000.

Communal Entrance Door
The entrance door into the communal entrance hallway is found to the front, between the mini supermarket and the hairdressers. Entrance door into

Communal Lobby
Post boxes for each flat. Stairs rising to the first and second floor.

First Floor Communal Hallway
Doors providing access to Flats 1, 2, 3, 3a, 4 and 5.

Flat One
Flat One is a two bedroom flat comprising of: Open plan living room/dining room and kitchen, two bedrooms with one of the bedrooms benefitting from an en-suite and a bathroom. There is also access to the private terrace from both bedrooms.
Floor area - 107m2.
Current annual rental income - £ 8,400.

Flat Two
Flat Two is a two bedroom flat comprising: Two bedrooms, Open plan living/dining and kitchen area and bathroom.
Floor area - 69.8m2
Current annual rental income - £ 7,200.

Flat Three
Flat Three is a two bedroom flat comprising: Open plan living/dining area, fitted kitchen, two bedrooms - bedroom one with en-suite, bathroom.
Floor area - 79.90m2.
Current annual rental income - £ 7,200.

Flat Three A
Flat Three A is a two bedroom flat comprising: two bedrooms, Open plan kitchen and living area, lobby area and shower room.
Floor area - 54.6m2
Current annual rental income - £ 5,100.

Flat Four
Flat 4 is a two bedroom flat comprising: Open plan living/kitchen area, two bedrooms and bathroom.
Floor area - 54.77m2
Current annual rental income - £ 7,200.

Flat Five
Flat five is a one bedroom flat comprising: Open plan living/kitchen area, bathroom and bedroom.
Floor area - 46.49m2.
Current annual rental income - £ 6,300.

Second Floor Landing
Doors to flats 6 and 7.

Flat Six
Flat 6 is a two bedroom flat comprising: Open living/kitchen area, two bedrooms and bathroom.
Floor area - 54.77m2.
Current annual rental income - £ 7,200.

Flat Seven
Flat 7 is a one bedroom flat comprising: Open plan living/kitchen area, bedroom and bathroom.
Floor area - 46.49m2.
Current annual rental income - £ 6,000.

Third Floor Landing
Doors to Flats 8 and 9.

Flat Eight
Flat 8 is a two bedroom flat comprises: Two bedrooms, open plan living/kitchen area and bathroom.
Floor area - 54.21m2
Current annual rental income - £ 7,200.

Flat Nine
Flat 9 is a 1 bedroom flat comprising: Open plan living/kitchen area, bedroom and bathroom.
Floor area - 44.55m2.
Current annual rental income - £ 6,000

Outside
Access to the garages and parking spaces will be found to the rear of the property on Flora Street.

There are two individual garages and one large space accommodating five/six parking spaces - all undercover and giving a tital of seven/eight parking spaces. The annual income from the garages and parking spaces is currently £ 4,200.

There is an added bonus of a communal outside seating area which is accessed from the first floor landing and offering views over the surrounding area.
** CALLING ALL INVESTORS!!** A unique opportunity to purchase a block of 10 flats comprising of three one bedroom and seven two bedroom flats, There is also a large space accommodating 5/6 vehicles and two individual garages, giving a total of seven/eight parking spaces. Annual rental income - £72,000.

Communal Entrance Door
The entrance door into the communal entrance hallway is found to the front, between the mini supermarket and the hairdressers. Entrance door into

Communal Lobby
Post boxes for each flat. Stairs rising to the first and second floor.

First Floor Communal Hallway
Doors providing access to Flats 1, 2, 3, 3a, 4 and 5.

Flat One
Flat One is a two bedroom flat comprising of: Open plan living room/dining room and kitchen, two bedrooms with one of the bedrooms benefitting from an en-suite and a bathroom. There is also access to the private terrace from both bedrooms.
Floor area - 107m2.
Current annual rental income - £ 8,400.

Flat Two
Flat Two is a two bedroom flat comprising: Two bedrooms, Open plan living/dining and kitchen area and bathroom.
Floor area - 69.8m2
Current annual rental income - £ 7,200.

Flat Three
Flat Three is a two bedroom flat comprising: Open plan living/dining area, fitted kitchen, two bedrooms - bedroom one with en-suite, bathroom.
Floor area - 79.90m2.
Current annual rental income - £ 7,200.

Flat Three A
Flat Three A is a two bedroom...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(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.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

BOOK A MORTGAGE APPOINTMENT

USE OUR HOMEFINDER SERVICE

With our HOME FINDER SERVICE, we get a real understanding of what is on your wish list and then put all of our experience, local knowledge, branch network and extensive contacts to work to find your perfect property.

Recently sold in this area

*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.