Auction House / South West

  • For Sale By Unconditional Online Auction
  • Guide Price* : £50,000
  • Bidding Opens 21/09/2026 13:00

Flat 1 247 Lipson Road, Plymouth, Devon, PL4 7ES

Guide Price £50,000 (plus fees). For Sale By National Online Auction Monday 21st September 2026 Ending 22nd September 2026. A one bedroom ground floor flat with long lease. Legal pack available to download free of charge from our website.

Description

Investment Property

A leasehold tenanted one-bedroom ground floor apartment situated within a convenient location in Plymouth, Devon, close to Mutley Plain, Plymouth University and within walking distance of Plymouth city centre. The accommodation briefly comprises of an entrance hall, living/dining/kitchen area, one double bedroom and bathroom. The property benefits from double glazing and gas central heating.

AUCTIONEERS NOTE This property is being sold as an investment with a tenant in situ, we are advised achieving a gross annual income of £8,400.

The property is held on a long lease of 125 years from May 2019 (approximately 119 years remaining).

Please note, the property is being sold with a share of freehold. Further details are available in the legal pack which is available to download free of charge.

FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

VIEWINGS Please telephone Auction House South West on 03456 461361 to request a viewing.

NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.

Tenure: Leasehold

Lease Details: 125 years from May 2019

EPC Rating: EPC Rating D65

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

Buyers Premium is a non-refundable £600 inc VAT payable on the fall of the virtual gavel.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £50,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 01752 474200 for more information

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.