This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£125,000
1 bedroom Flat for sale, Citadel Road East, Plymouth, Devon, PL1
Features and Description
- 1-Bedroom basement flat
- Tenant in situ paying £800 pcm
- 7.68% yield approximately
- Great location close to barbican & town
- Close to amenities
- Deceptively spacious
- Great investment opportunity
Investment Opportunity – Investors Only (Tenant in Situ)
Offering an approximate 7.68% yield, this one-bedroom apartment presents a fantastic ready-made investment with a tenant already in place.
Located on the sought-after Barbican, the property benefits from its own private entrance, providing added privacy and appeal for tenants. Inside, the apartment comprises a good-sized lounge, a galley-style kitchen, one double bedroom, and a modern shower room.
Further benefits include gas central heating and double glazing, ensuring comfort and energy efficiency.
The property is offered unfurnished and is currently tenanted, making it an ideal turnkey investment for landlords looking to expand their portfolio with an income-generating asset from day one.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Citadel Road East, Plymouth, Devon, PL1
Additional Information
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Property refMUT260153
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EPCC
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TenureLeasehold
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Lease length163 years
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Council TaxA
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Local authorityPlymouth City Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service Charge£1
Your Move Estate Agents Plymouth
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Your Move Estate Agents Plymouth
Your Move Plymouth
2 Mannamead Road, Mutley, Plymouth, PL4 7AA
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Borrowing £112,500 and repaying over 25 years with a 2.5% interest rate.
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Energy Efficiency Rating
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Current
69Potential
77CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs