Summary - 237 FLAT 98 ALBERT ROAD PLYMOUTH PL2 1DL
1 bed 2 bath Apartment
Large penthouse with parking — cash buyers and investors only, auction sale..
Duplex penthouse with wraparound balcony and river views
Private underground garage parking included
Large 714 sq ft layout; 1 bed, 2 bath
EWS1/cladding works nearing completion; final sign-off pending
Cash buyers only; being sold via online Secure Sale auction
Non-refundable 5% deposit plus reservation fee (up to 6% inc VAT)
Leasehold ~102 years; service charge approx £2,600 pa
Local area: very deprived and high crime — consider rental risk
A large duplex penthouse in the Latitude development offering wraparound balcony views and private underground parking. The open-plan lower level and a generous bedroom with a walk-out balcony make this 714 sq ft apartment a standout urban buy for cash investors.
The block is in the final stages of EWS1/cladding remediation; scaffolding has been removed and sign-off is awaited. Once certified the flats will become mortgageable, which may support short-to-medium-term value uplift. This lot is sold via Secure Sale/online auction with immediate exchange possible for successful bidders.
Important sale terms: cash purchasers only; the purchase will require a non-refundable 5% contract deposit on exchange plus a reservation fee (up to 6% inc VAT, minimum £6,000). The property is leasehold with c.102 years remaining, an average service charge of £2,600 pa and small ground rent of £50 pa.
Location strengths include excellent mobile and fast broadband, nearby shops, transport links and several local good-rated primary and secondary schools. Balance these with the local area’s high crime statistics and very deprived classification when assessing rental or resale prospects.
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