Union Street, Plymouth

17 bedroom property for sale

£1,200,000
** 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.

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