About the Property
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** Guide Price £235,000 to £250,000 **
Cross Keys Estates are pleased to bring this elevated and eye catching property to the market. Nestled in the sought-after Weston Park Road in Peverell, this Victorian end-terrace house offers a unique opportunity for those seeking a versatile property. This property is a blend of residential and commercial spaces, making it a lucrative investment. Currently, the first floor houses a spacious two-bedroom apartment, providing a rental income of £10,200pa with a reliable tenant in place. Meanwhile, the ground floor is occupied by a well-established business, maximizing the property’s potential for dual usage with an annual income of £10,140pa. The property’s prime location in Peverell presents endless possibilities for future development. Whether you envision converting it back into a charming family home, creating two separate apartments, or even running a business with accommodation above, the choice is yours.
This property truly offers the flexibility to cater to various lifestyles and investment goals. With the option to generate rental income from both residential and commercial spaces, this property provides a unique opportunity to diversify your investment portfolio without overcommitting. Don’t miss out on the chance to own a piece of Peverell’s history with this exceptional mixed-use property on Weston Park Road.
- Fantastic Investment Opportunity
- Ideal Business Owner Occupier / Rental
- Residential Two Bedroom Apartment
- Two Commercial Ground Floor Offices
- Currently Tenanted and Rented Out
- Prominent Eye Catching Location
- One Business Occupying both commercial units
- Possibility For Up To Three Rental Incomes
- Unencumbered Freehold Property
- Current annual income of property is £20,340
Property Details
Cross Keys Estates
As one of Plymouths' leading QUALIFIED estate agents for over two decades, we are proud to have been offering our multi award winning customer service since day one. If you are currently on the market or you are thinking of putting your property on the market, why not give us a call, you will not be disappointed. 98% of our clients recommend us to their friends and family and our results, when it comes to sales, are unrivalled.
Plymouth
Plymouth, Britain’s Ocean City, is one of Europe’s most vibrant waterfront cities. Located in one of the most beautiful locations imaginable, Plymouth is sandwiched between the incredible South West coastline and the wild beauty of Dartmoor National Park. Plymouth is 37 miles south-west of Exeter and 190 miles west-south-west of London, between the mouths of the rivers Plym to the east and Tamar to the west where they join Plymouth Sound to form the boundary with Cornwall, it is also home to one of the most natural harbours in the world. To the North of Plymouth is Dartmoor National Park, extending to over 300 square miles, which provides excellent recreational facilities.
The city is home to more than 260,000 people, making it the 30th most populated city in the United Kingdom and the second-largest city in the South West, after Bristol and has a full range of shopping, educational and sporting facilities. There is mainline train service to London (Paddington) and to Penzance in West Cornwall.
There’s everything that you would expect to find in a cool, cultural city, with great shopping, arts and entertainment. But there’s also hundreds of years of history to uncover, from Sir Francis Drake and the Spanish Armada to the Mayflower sailing in 1620, to a city rebuilt following the Blitz during World War II. With easy access to Exeter and its International Airport and a mainline train station giving direct access to London and a ferry port offering sea crossings to both France and Spain.
Plymouth is governed locally by Plymouth City Council and is represented nationally by three MPs. Plymouth's economy remains strongly influenced by shipbuilding and seafaring including ferry links to Brittany and Spain, but has tended toward a university economy since the early 2000's. It has the largest operational naval base in Western Europe – HMNB Devonport.
Peverell
Peverell is an extremely well regarded area and has come to be known locally as very desirable due to its abundance of period terraced family homes. Situated along Weston Park road and boasts an enviable position with views towards Plymouth sound. This highly desirable area is extremely close to Central Park. It's location allows the benefit of being just a short distance from many local amenities found in nearby Hyde Park and Mutley Plain. Regular bus services operate along Peverell Park Road giving access into Plymouth City Centre and other areas further afield. This property also benefits from being within the catchment area of Hyde Park Primary School which is very popular locally and currently boasts a good Ofsted Report.
Office 1
3.40m x 4.49m (11'1" x 14'8")
Office 2
3.76m x 3.54m (12'4" x 11'7")
Kitchen Area
2.52m x 1.60m (8'3" x 5'3")
Toilet
3.54 x 1.57 (11'7" x 5'1")
Store Room
3.18m x 1.60m (10'5" x 5'2")
Office 3
8.79m x 2.82m (28'10" x 9'3")
Toilet
Landing
The current EPC rating for this apartment is C71
Living/Dining Room
8.41m x 2.41m (27'7" x 7'11")
Kitchen
1.97m x 1.39m (6'6" x 4'7")
Primary Bedroom
3.69m x 4.11m (12'1" x 13'6")
Bedroom 2
3.39m x 2.44m (11'1" x 8'0")
Shower Room
Cross Keys Lettings Department
Cross Keys Estates also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call our director Jack who is a fully qualified and award-winning letting agent on 01752 500018
Financial Services
Cross Keys Estates are proud to work in partnership with Peter Nixon Financial Services, our whole of market mortgage specialists. With over 18 years industry experience, they are able to source the very best deal to meet their customers circumstances. Offering professional and friendly advice on residential and investment mortgages. Please get in touch to arrange a free, no obligation appointment to see how they can help you. Tel. 01752 255905, Email. sarah.millman@pn-fs.co.uk
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Property Features
Weston Park Road, Peverell, Plymouth, Devon, PL3 4NU