**Standout Features:**
- Modern fitted kitchen with built-in appliances
- Allocated off-street parking space
- Long lease of 175 years
- Current rental income of £825 PCM
- No onward chain
- Ideal for first-time buyers or investors
**Property Summary:**
Located in the desirable Stoke area, this purpose-built first-floor flat combines comfort and convenience with modern living. Featuring a contemporary open-plan layout and two spacious double bedrooms, this charming 538 sq ft home is ideal for first-time buyers or those seeking a reliable investment opportunity, currently yielding an impressive 8.25%. Boasting a long lease of 175 years and allocated parking, you’ll also enjoy the ease of a chain-free sale and quick access to local amenities, Plymouth Dockyard, and excellent transport links into Plymouth City Centre.
While the property does present certain challenges such as an average-sized space and a high crime rate in the area, its features and potential make it a valuable find. The low service charge and affordable council tax add to its financial appeal, requiring minimal maintenance. Early viewing is recommended to secure this fantastic property in a highly sought-after locale, as opportunities like this are not expected to last long.