House For Sale Randwick Park Road, Plymouth, PL9

£130,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 18th April 2024

Description

This listing is being sold by way of Conditional Online Auction. To read through the legal pack and to follow / bid on the property, please go the Pilkington Estates website. Then click the sales tab and go to auctions. CLOSING DAY OF AUCTION BIDS WILL BE APRIL 30th AT 5PM.

We are pleased to offer to the market a row of THIRTY garages, varying in size from standard single, to substantial workshops that can hold multiple vehicles.

The garages are currently rented to neighbouring properties providing a healthy and regular income. The current owner has kept rents incredibly low, and generates £12,000 per annum, however in line with similar costings this could comfortably see closer to £24,000 per year generated.
Agent Details
Pilkington Estates
161 Molesworth Road Stoke Plymouth PL3 4AJ

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested