Current Auction
Previous Auction

Lot 86
Sold for £220,000

Auction Date: Thursday 26th May 2022

Auction Venue: Online Virtual Auction, remote bidding only

Auction Time: 12:00

23 Marlborough Street, Plymouth

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Addendum To Printed Catalogue

Flat 4 - EPC Rating - E

Property Description

A high yielding multi faceted freehold investment opportunity, comprising of four x one bedroom flats, a ground floor retail premises, garage and additional enclosed yard space with 2 vacant storage facilities offering the potential for further income/potential redevelopment subject to any requisite consents. The retail unit is currently let and generating £400 pcm/£4,800 pae. Three of the flats are currently let on rolling AST's at modest rents of £425pcm/£5,1000 per flat, with the potential for increased rents of circa £600 pcm, with the fourth flat currently vacant but ready to let and refurbished. The garage is also currently let at £100 pcm/£1,200 pae, with the current total combined income of £21,300 pae/£26,400 when fully let.


Marlborough Street is situated in the heart of Devonport offering a wide selection of shops, mini supermakets and food outlets. Set in the historic Naval Quarter of Plymouth the area is home to HMNB Devonport and is a regenerating neighbourhood with many of its historic buildings having been converted into luxury apartments.

Ground Floor

Self contained shop unit comprising of main retail area, inner hallway/storage with access to the rear courtyard and a rear office/storage area, totalling 73 square metres and with a VOA rating of £8,000. Separate access to the communal entrance hall to the flats and stairs rising to all floors.

First Floor

Communal landing with access to the fire escape. Flat 1: Open plan lounge/kitchen/diner, double bedroom and shower room. Flat 2: Entrance hall, open plan lounge/kitchen/diner, double bedroom and shower room.

Second Floor

Flat 3: Entrance hall, open plan lounge/kitchen/diner, double bedroom and shower room.

Third Floor

Flat 4: Living room, kitchen, double bedroom and bathroom.


Fully enclosed rear courtyard with two vacant storage facilities, WC, yard space and garage, with pedestrian gateway.


Strictly by prior appointment with Fulfords Drake Circus 01752 223355. General enquiries Countrywide Property Auctions 01395 275691.





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Property Auctions South West
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L3 7DY

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