Property description
3 WYNDHAM PLACE, PLYMOUTH PL1 5EE Information The property is end-terraced and laid out over 3 floors with a shop premises and a flat on the ground floor. On the first floor there are 2 flats and on the second floor are a further 2 flats.
A central hallway/stairway accesses all areas from the side main door. A separate ground floor wc services the shop premises. Outside to the rear is a small courtyard.
Each flat is practically identical and ideally-suited for a single person with a lounge/bedroom, separate kitchen and separate bathroom.
There is no established usage certification for the flats but historically for decades the property has been laid out as flats with all previous Assured Shorthold Tenancies (AST) recorded. These tenancies, without exception, have been 6-month endurable thereafter turning periodic. A previous shop user statement has also been recorded for such purposes.
Each flat is entitled to parking permits in Wyndham Square.
Externally the front and rear elevations benefit from recent new UPVC fascias/gutters and redecoration. Rear windows are double-glazed. Partial double-glazing to the front elevation.
The underside of the slate roof coverings have been spray foamed (existing approved guarantee in place) and the roof space has fibre wool insulation.
The flats - although previously upgraded - would benefit from further work.
Each flat has a private electric and gas meter. Only 2 flats have gas fires which are currently certificated. The property has been re-wired and all flats are serviced by sub mains supplies. The shop premises is served by an independent meter.
Water utility is via a single external meter and the flats are charged according to annual usage pro-rata to cover the billing (reviewed each April in line with SWWA rates).
The flats, stairway, hallway and shop premises have a PCC approved (currently certificated) full fire/smoke prevention and detection system installed.
Income
The flats attract £408/410 pcm
The shop is currently let at £232 per 4 weeks. Modest improvements could raise these tariffs.
An external side wall elevated advertising hoarding attracts £1000.00 per annum