1 Bed Apartment For Sale

Located in the sought-after Mayfair House in Plymouth, this ground floor studio flat presents an excellent opportunity for first-time buyers or investors seeking a property with rental potential. With a modern design and features tailored for comfortable living, this home offers convenience and style in equal measure.
The property comprises a well-proportioned studio space with a fitted kitchen that includes integrated appliances, providing both functionality and a sleek finish. An en suite shower room enhances privacy and convenience, while the flat benefits from electric heating and double glazing, ensuring a warm and energy-efficient environment throughout the year. The flat has been assigned an EPC rating of B, reflecting its strong energy performance.
One of the standout elements of this property is its affordability and low ongoing costs. The ground rent is just £100 per annum, with the service charge including water, making it particularly appealing for those seeking manageable living expenses. The service charge amount is to be confirmed, offering potential buyers the opportunity to explore and understand their future commitments further. Council Tax Band A ensures additional cost efficiency.
For investors, this property holds strong appeal with an estimated rental income of £600 per calendar month. Its location and modern amenities make it an attractive option for tenants, providing a reliable rental yield.
Please note, the property does not include parking, a factor that is compensated for by its central location in Plymouth, offering accessibility to local amenities, public transport, and the vibrant atmosphere of the surrounding area. Whether you are looking to step onto the property ladder or expand your investment portfolio, this flat offers a compelling choice.
Viewings are highly recommended to appreciate everything this property has to offer. Contact us today to arrange a viewing or for further information.