2 bedroom apartment for sale

£99,950

2

Bedrooms

1

Bathrooms

Floorplan

OFFERS We have received an offer of 99,950.
Any increased offers are to be received within 5 days of this publication at the above agents.

SUMMARY Dockside Delight: Spacious Two-Bedroom Apartment with Parking - Calling all dockyard enthusiasts and those seeking a prime location! This impeccably presented two-bedroom apartment on the second floor offers the perfect blend of space, convenience, and a touch of nautical charm. Move-In Ready with Space to Spare: Available with vacant possession, this apartment is ready for you to move in and make it your own. The two bedrooms provide ample space for couples, small families, or those who enjoy a home office.

DESCRIPTION This fantastic, generously proportioned flat offers the perfect combination of size, convenience, and modern amenities, creating an ideal living space for those seeking a vibrant and comfortable lifestyle. Ideally situated for the historic dockyard, this property is particularly appealing to professionals, maritime enthusiasts, and anyone who appreciates being close to the action, with easy access to shops, restaurants, and transport links.

Step inside and be greeted by a spacious and welcoming entrance hall, setting the tone for the rest of the flat. This leads seamlessly into a large, open-plan lounge/dining kitchen, a truly versatile space perfect for both relaxing and entertaining. The stylish and practical laminate flooring throughout creates a clean and contemporary feel, is incredibly easy to maintain, and perfect for busy lifestyles. The inviting living area boasts a radiator for added warmth during the cooler months, while a large Juliet balcony floods the room with an abundance of natural light, creating a bright and airy atmosphere. Imagine enjoying your morning coffee with a pleasant view or unwinding in the evening bathed in the warm glow of the setting sun.

The well-equipped kitchen is thoughtfully designed and ready to inspire your culinary creations. Plumbing is conveniently pre-installed for a washing machine, so laundry day becomes a breeze. The modern electric oven with hob and extractor ensures cooking is both convenient and efficient. Plus, theres ample space to accommodate a fridge freezer, keeping your groceries organized and easily accessible. Whether youre a seasoned chef or simply enjoy preparing the occasional meal, this kitchen has everything you need.

Down the hallway, youll discover two inviting double bedrooms, each offering a peaceful sanctuary away from the hustle and bustle of daily life. Both bedrooms are equipped with radiators for comfortable temperatures year-round, ensuring a cozy and restful environment. Double-glazed windows provide excellent sound insulation, blocking out unwanted noise, and enhance energy efficiency, helping to keep utility bills manageable. These well-proportioned bedrooms offer plenty of space for furniture and personal belongings.

The well-maintained bathroom features a classic three-piece suite, including a bath with shower over, a wash hand basin, and a WC. Complementary tiling adds a touch of style, offering functionality and aesthetics in equal measure.

The benefits of this fantastic flat extend beyond the living space itself! This property comes with the added convenience and security of
Dedicated Parking: No more scrambling for street parking or worrying about the safety of your vehicle! This flat comes with a designated parking space conveniently located right underneath the building, providing secure and hassle-free parking.
Garage Access: For those who need extra storage space, a secure haven for a motorbike or bicycle, or simply a place to tinker with DIY projects, the inclusion of a garage is a rare and highly desirable find.

This great-sized flat offers everything you need for comfortable and convenient dockyard living. Dont miss this opportunity to secure your new home in this prime location! Contact us today to arrange a viewing.

NOTICE TO APPLICANTS We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. 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. We routinely refer potential purchasers to Simply conveyancing. It is your decision whether you choose to deal with Simply. In making that decision, you should know that we receive an annual payments benefits, equating to approximately 200 per referral.

VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on in order to arrange their viewing appointment.

Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 80161.25

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 2498.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 5198.75
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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