Citadel Road, The Hoe, Plymouth Guide Price £220,000 - £230,000
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A fabulous INVESTMENT opportunity. " flats within one building, both let with tenants.
Large living rooms to both flats.
GF - one double bedroom, 1st & 2nd floor - 3 large double bedrooms.
Gas central heating
On street parking a permit will be required
1871 sq ft
Both flats are band A
Freehold
Guide price £220,000 - £230,000. The building is being sold as an investment with the tenants in situ. Located on Plymouths historic and highly sought Hoe is this fabulous investment opportunity. The freehold is being sold to this large, elegant end terraced period property. The building is split into two flats, a large one bedroomed ground floor flat and a three bedroomed maisonette to the first and second floors. As you enter the building the ground floor flat has a large living room , double bedroom, bathroom and modern style fitted kitchen. A door leads out to the enclosed courtyard to the rear. The flat comes with gas central heating and upvc double glazing.
The first and second floor maisonette has a front door and staircase leading to the first floor where you have a modern fitted kitchen and shower room plus a large living room to the front and a large double bedroom to the rear. Off the hallway a staircase takes you to the second floor where you have two large double bedrooms, one with a great outlook across towards the water in Plymouth Sound. There is upvc double glazing and gas central heating.
The building is being sold as an investment with the tenants in situ. The ground floor tenants are currently paying circa £750 pcm whilst the first and second floor maisonette tenants are paying £845 pcm. The total income in currently in the region of £ 19,140 pa.
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Stamp Duty Calculator
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Based on property / land value of £220,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
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£
Total
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If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
220000.00
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