Elysian Court, South Molton
- PROPERTY TYPE
Maisonette
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- 7%+ ROI rental yield
- Spacious 2 Bed Maisonette
- Buy to let/investment
- First Time Buy
- Close to the town centre
- No Onward Chain
- Requiring Updating
- Private Parking Space
- 360 Virtual Tour Available
- Remainder of 900 year lease
Description
Located just off the centre of South Molton, 5 Elysian Court is a conveniently positioned two bedroomed maisonette arranged over two floors, constructed in the late 1980's and now requiring updating. The surprisingly spacious property is benefits from an allocated parking space to the rear, a small garden space and useful bin store.
It is thought that the property would make an ideal investment/buy to let purchase or first time buy.
We understand that the property carries the remainder of a 900 year lease which was granted in 1986.
The allocated off road parking space to the rear is accessed via North Street.
For layout and approximate room measurements please see the enclosed Floorplan & Virtual Tour.
THE AREA
5 Elysian Court is located in an extremely accessible position off East Street close to the town centre. South Molton itself offers an excellent range of everyday services including shops, schools, restaurants, and a bank, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital.
SERVICES & OUTGOINGS
The property benefits from all mains services. Gas fired central heating.
North Devon Council - Tax Band B (Approx. £1783.37 per annum)
Tenure - Leasehold carrying the balance of a 900 year lease which was granted in 1985.
Charges - we understand the current charge is £719.58 per year, reviewed annually and includes buildings insurance.
EPC - C
DIRECTIONS
From the square in South Molton, head east into East Street. Keeping to the left, continue for approx. 100m and turn left just after the Medical Centre into Elysian Court where no 5 will be found on the left hand side.
DIGITAL MEDIA LINKS
What3Words Location - ///knees.seated.ticking
VIRTUAL TOUR AVAILABLE
Council Tax Band: B (North Devon Council)
Tenure: Leasehold (900 years)
Ground Rent: £719 per year (reviewed every 1 years)
Charges include buildings insurance.
Brochures
BrochureTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£719 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
Ask agent
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
900 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: B
Elysian Court, South Molton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- King's Nympton Station6.5 miles
About the agent
Michael Adey Property, South Molton
106 East Street, South Molton, EX36 3DB
Welcome to Michael Adey Property - Estate Agent based in North Devon
Are you looking to buy or rent property in North Devon, West Somerset or Exmoor National Park? If so, I can help.
I have gained extensive experience helping clients to sell and find homes in the towns and villages, the coastal and rural communities of this wonderful part of the world, in which I have lived my whole life.
So whether you are relocating, investing or looking to buy a second home, I can support
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference RS0381. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Adey Property, South Molton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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