Flat 3, 13 Southside Street, Plymouth, Devon, PL1 2LA

Ref: Lot 12

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Town & Country Property Auctions Dorset, Devon and Cornwall
Town & Country Property Auctions Dorset, Devon and Cornwall

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £7,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this stunning first-floor modern apartment, ideally positioned in the heart of Plymouth’s vibrant and highly sought-after Barbican waterfront, close to the historic Plymouth Hoe.

Forming part of a contemporary development comprising six recently created apartments, this impressive property combines stylish modern design with an enviable waterfront location, making it an excellent opportunity for both owner-occupiers and investors.

The apartment is currently utilised as a successful holiday rental, generating an attractive income stream, with the location providing strong appeal to visitors looking to enjoy Plymouth’s historic waterfront, restaurants, bars and attractions.

The accommodation offers two generously proportioned double bedrooms, providing excellent flexibility for families, professional sharers or those looking for additional space for a home office or second reception area.

At the heart of the apartment is a superb open-plan kitchen and living space, finished to a high standard with contemporary fixtures, high-end appliances and plenty of room for comfortable entertaining and everyday living. Large windows and patio doors allow an abundance of natural light into the apartment while offering attractive views across the surrounding area.

There are two well-appointed bathrooms, with the principal bedroom benefiting from a stylish en-suite. The second bedroom has convenient access to the separate family bathroom, with both bathrooms finished with quality fixtures and fittings.

The property enjoys an exceptional location, with the famous Barbican waterfront, Plymouth Hoe, an array of bars, restaurants, bistros, independent shops and coffee houses all within easy reach. The area is steeped in history and remains one of Plymouth’s most desirable locations for both residents and visitors.

Lease Information

We understand the property is held on a lease with approximately 999 years remaining and is subject to a service charge of approximately £1,600 per annum although this is subject to change.

The above information has been provided in good faith, but prospective purchasers are strongly advised to make their own enquiries and obtain formal verification through their appointed solicitor.

Auction Highlights
Stunning first-floor modern apartment
Two double bedrooms
Principal bedroom with en-suite
Contemporary open-plan kitchen/living area
High-quality fixtures and fittings
Currently operating as a successful holiday rental
Prime Barbican waterfront location
Close to Plymouth Hoe
Excellent investment or luxury home opportunity

An exceptional opportunity to acquire a stylish two-bedroom apartment in one of Plymouth’s most desirable and sought-after locations, with the added benefit of an established holiday rental income stream.

Early inspection is highly recommended..

The property will be entered into our 9th September auction which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Number of Bedrooms: 2
. Reception Rooms: 1
. Council Tax Band: A
. Market Value: £240,000
. Rental Value Per Month: £1450
. 28 Day Completion

ADDITIONAL INFORMATION
. Property Tenure: Leasehold
. Length of lease remaining: 999
. Annual service charge: £1600 approx

VIEWING ARRANGEMENTS
We will be holding viewing slots, please call us on 01202 143399.
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

Buyers Premium

* Buyers Premium Applies

Material Information

Each Lot is sold in its existing condition and state of repair. Buyers are deemed to have inspected the Property and satisfied themselves as to its condition, structure and suitability prior to bidding. Town & Country Property Auctions gives no warranty or guarantee as to the condition, structure, construction, repair or suitability of any Property, or the working order of any fixtures, fittings, services, heating systems or appliances included in the sale. No objection, claim or recourse shall be made against Town & Country Property Auctions in respect of these matters. Purchasers requiring mortgage finance or other funding are advised to arrange this prior to the auction and should satisfy themselves that the Property meets their lender's requirements. Material information relating to the Property will be provided within the Legal Pack. To download the Legal Pack, please visit tcpa.co.uk.

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Council Tax Band

A

Lease Start Date

01/01/2026

Lease Duration

999 years (999 years unexpired)


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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