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    Cheriton Close, Plymouth, PL5 3QT

    Guide Price £60,000Leasehold

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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    £278 /mo.25 Years, 3.75% Interest
    Loan
    £54,000
    Total Repay
    £83,289

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £0
    0% up to £60,000
    Your effective stamp duty rate is 0%

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    E: hello@francis-stuart.co.uk
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    Cheriton Close, Plymouth, PL5 3QT

    Guide Price £60,000

    Flat
    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:£1,908 per year
    Ground rent:£10 per year
    Time remaining on lease:86 years
    Council tax band:Not available
    Broadband:up to 1000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Purpose Built Apartment CASH BUYERS ONLY
    2 Double Bedrooms
    Lounge / Diner
    Double Glazing
    Gas Central Heating
    Far Reaching Views
    Currently Let at £680 PCM
    Gross Yield of 13%

    Description

    Guide Price of £60,000 to £70,000 CASH BUYERS ONLY GROSS YIELD 13% - A 2 DOUBLE BEDROOM APARTMENT with LOUNGE / DINER and FAR REACHING VIEWS in the POPULAR AREA of WEST PARK, PLYMOUTH. 

    Guide Price of £60,000 to £70,000 CASH BUYERS ONLY

    Introducing this charming 2-bedroom apartment, a prime addition to your rental portfolio in the West Park neighbourhood of Plymouth.

    Step inside, where you'll find a cosy lounge and dining area, a well-appointed kitchen, a family-sized bathroom, and two generously proportioned double bedrooms, ensuring comfortable living.

    This property offers modern amenities such as efficient gas central heating and double-glazed windows. Additionally, its breath-taking far-reaching views add to the overall allure.

    Currently, the apartment is leased under an assured shorthold tenancy, generating a monthly rental income of £680, resulting in an impressive gross yield of nearly 13%. Don't miss out on this fantastic investment opportunity.

    Agent Note:

    We may introduce buyers and sellers to our panel of carefully selected Conveyancers, Mortgage or surveyor services. The choice to use their services is entirely yours. If you opt to proceed, please be aware that we will receive an average referral fee of £120-£200 (including VAT) from the firm for the introduction. These firms have been chosen based on their strong local reputation and proven track record of excellence.

    There's no obligation to use our recommended providers. 

    In accordance with current Anti-Money Laundering (AML) regulations, all prospective purchasers are required to provide valid identification documents before a sale can be agreed and solicitors formally instructed. To facilitate these checks, a one-off charge of £36 (inclusive of VAT) applies. We kindly request that this cost be covered by you as part of the purchase process.

    In accordance with the Estate Agents Act 1979, we are obliged to disclose that the seller of this property is an employee/Family member of  Francis Stuart.

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