0 bed Block of flats (for sale) 20 Flats At Central Park Towers, Central Park Avenue, Devon PL4

£650,000
Add to Basket Basket Looks Interesting
agent logo
Allsop LLP
33 Wigmore Street, West End, London
020 3641 1750
First Published

6th Oct 2018

Last Published

7th Oct 2018

 

Features

  • Type: Block of flats
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Lot 202 - This lot is for sale by auction as lot 202 on Thursday 25th October 2018.

Twenty Leasehold Self-Contained Student Flats (4 x One Bedroom Penthouses and 16 x Studio Flats)

- Each Flat subject to an Assured Shorthold Tenancy
- Situated within a well established Student Block
- Plymouth University is close by
- To be offered Collectively as One Lot
- Total Current Gross Rent Reserved

£90,329 (equivalent)

Tenure
Each flat is subject to a lease for a term of 125 years from 2013/2014 (thus having approximately 120/121 years unexpired). Please refer to the legal pack for the ground rent.

Location
The property is located on Central Park Avenue, to the east of its junction with the A386. A variety of restaurants, bars, theatres and shops is available in Plymouth. Drake Circus Shopping Centre, Armada Shopping Centre and a Sainsbury’s supermarket are close by. Plymouth Rail Station is approximately 0.3 miles to the south. The A385 provides access to the A38. Plymouth University is within a 5 minute walk.

Description
The property comprises twenty self-contained flats situated within a well located purpose built student block. The properties benefit from access to communal facilities, including a common room, games room, private meeting rooms and a communal garden.

Accommodation and Tenancies
A schedule of Accommodation and Tenancies is set out below.

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

 

Local info for PL4

 

Property Value Data/Graphs for PL4

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 46.4% £114,844 1.5 1
Terraced house 31.4% £211,448 4 1.2
Studio 7.4% £66,210 0 1
End terrace house 4.8% £211,702 3.6 1.3
Semi-detached house 3.1% £187,936 3.3 1
Maisonette 3.1% £126,234 2.6 1.1
Other 1.5% £226,429 4.4 1
Detached house 1.3% £546,667 3.8 2.2
Town house 0.4% £235,000 3.5 2
Bungalow 0.2% £145,000 1 1
Block of flats 0.2% £1,000,000 10 0
Parking/garage 0.2% £15,000 0 0

Area Information

Average Price Paid

£154,071

Sales

3315

Current Average Value

£158,414

Value Change

£4,343 2.8%

 

Current Asking Prices in PL4 Average: £158,414

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £109,983 (3) £148,941 (22) £182,175 (84) £225,274 (39) £252,591 (22)
Flats £84,819 (109) £137,536 (106) £226,429 (7) £178,317 (3) £142,500 (2)
All £85,493 (112) £139,496 (128) £185,579 (91) £221,920 (42) £243,417 (24)

Nearby Properties

10 bed Terraced house () The Hoe, Plymouth, Devon PL1 £550,000
3 bed End terrace house () Maybrook Drive, Saltash PL12 £210,000
3 bed Detached bungalow () New Road, Saltash PL12 £155,000
3 bed End terrace house () Plymview Close, Plymouth PL3 £190,000
9 bed Detached house () Pillaton, Saltash, Cornwall PL12 £495,000
Property information powered by Zoopla