24 Queen Anne Terrace, Plymouth Guide Price £150,000 - £160,000
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Queen Anne Terrace, North Hill, Plymouth. A fabulous 2 double bedroomed 2nd floor flat with lovely outlook
Large living room / diner / kitchen
2 double bedrooms
Gas central heating
On street parking - restrictions will apply, permit required
582 sq ft
Leasehold - There is a brand new lease being drawn up. Service charge approx £75 pm ( £900 pa )
Guide price £150,000 - £160,000. IDEAL INVESTMENT OPPORTUNITY approx 8.5% return, being sold with the tenant in situ!! Located in this exceptionally convenient position on North Hill within a short walk of the City Center is this lovely 2nd floor 2 double bedroomed flat. As you enter the building you arrive in a grand reception hallway with a staircase taking you up to the flat which is positioned on the second floor. Off the central hallway you have a shower room and two double bedrooms, both bedrooms have a gorgeous outlook across the road through the trees to Drake Place Reservoir, such a lovely outlook for such a centrally positioned flat. The living room / kitchen / diner is a wonderful sunny room with windows on two elevations taking in an outlook across to Plymouth Sound. The kitchen area is fitted with a stylish range of units that includes an oven and hob.
The property comes with gas central heating and upvc double glazing. Parking around the road will require a local authority residents permit.
The property is currently let and is being sold with the tenant in situ on a tenacy agreement. The tenant is currently paying £139 pw (£13,900 over 50 weeks) However, the property has now been let for the 2025/2026 Academic Year producing an annual income of circa £15900
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Based on property / land value of £150,000 there will be an approx of £ Stamp Duty due.
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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
150000.00
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