Land for sale

AUCTION LOT 9 - 74 Harwell Street, Plymouth, Devon, PL1 5RY, PL1, Devon


Guide price
£625,000
S.O.A.

Features

  • 2 storey freehold building (11,323 sq ft, source EPC)
  • Adjacent car park is held on a separate leasehold title
  • Arranged as 13 x 1 bedroom and 8 x studio apartments
  • Comprising a block of 21 self contained flats (Vacant)
  • Development potential to create additional flats
  • Energy Rating: E/51
  • Our Ref: CD-90206
  • PRE-AUCTION OFFERS WILL NOT BE CONSIDERED
  • To be sold via online public auction on 9 December 2021 - to view legal documents - www.networkauctions.co.uk

Description

THE SALE INCLUDES AN ADJACENT CAR PARK HELD ON A SEPARATE LEASEHOLD TITLE.

PRE-AUCTION OFFERS WILL NOT BE CONSIDERED.

Situated in an established residential area within 500m of the University of Plymouth campus the property will benefit from refurbishment. There is potential to create additional flats utilising rooms that have been used as offices / communal rooms and the loft voids subject to the necessary consents. We estimate current rental value are £425 pcm (studios) and £450 pcm (1 bed) equivalent to £9250 pcm / £111,000pa. The car park measures 0.0841 acres / 340 sqm and is held on a lease for 99 years from 05/09/1986 at a peppercorn ground rent.

To access the legal documents and register to bid, please visit - https://legaldocuments.eigroup.co.uk/showbyid/1059661

To be sold via online public auction on 9 December 2021

Categories

Land
Property reference
63573_19659