St. Pancras Avenue, Devon PL2 2 bed flat for sale

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St. Pancras Avenue, Devon PL2 2 bed flat for sale

St. Pancras Avenue, Plymouth, Devon, PL2
£60,000

Price History

Initial price £80,000
14/03/25 £70,000
26/04/25 £60,000
Price Change -25.00%

Description

This Cornish unit flat, located on Market St Pancras Avenue, is a unique property that is being sold to cash buyers only. The property boasts a spacious reception room, well-appointed kitchen, two comfortable bedrooms, and a shower room. With a lease term of 125 years until September 2126 and an annual service and ground rent of approximately £300, this property presents an attractive opportunity for buy-to-let investors. The predicted rental yield is 14.57%, making it an attractive investment opportunity. The property also benefits from a council tax band A, ensuring affordable living costs. This property is being sold through the modern method of auction, and interested parties are encouraged to view, offer, or bid on the property, but must be prepared to have their information shared with the auctioneer.