End terrace house for sale in Marlborough Street, Devonport, Plymouth PL1

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