Commercial Property for sale

BARNSTAPLE, Devon

Sold STC £230,000

Property Description

Full description

Tenure: Freehold

Opportunity to purchase a town centre investment with the benefit of 3 flats, providing a gross income of £15,600 per annum. the flats are constantly let with tenants on assured shorthold agreements. The property is end terrace, arranged on 3 floors with the benefit of a rear garden.

Property ref: 121_1029_1240957

ACCOMMODATION 
Entrance leads into a communal entrance hall with communal area and stairs leading up to flats. the ground floor flat provides 1/2 bedrooms with good sized rooms, a smaller modern kitchen and shower room. There is direct access onto the garden from this flat. The first floor flat provides a lounge and 3 bedrooms, one of which is a box room, kitchen and bathroom. The top floor flat provides a lounge, kitchen, bedroom and bathroom. Each apartment has electric heating and some double glazing.

FLAT ONE 
Lounge - 3.69m x 3.27m (12' 1" x 10' 9")
Kitchen - 3.35m x 2.46m (11' x 8' 1")
Shower Room - 2.29m x 1.00m (7' 6" x 3' 3")
Bedroom 1 - 3.57m x 4.15m (11' 9" x 13' 7")
Bedroom 2 - 3.79m x 3.83m (12' 5" x 12' 7")
Electric Heating. Mostly Double Glazed

FLAT TWO 
Entrance Hall
Lounge - 3.78m x 3.84m (12' 5" x 12' 7")
Kitchen - 2.67m x 1.92m (8' 9" x 6' 4")
Bathroom - 1.51m x 3.16m (4' 11" x 10' 4")
Bedroom 1 - 3.75m x 3.75m (12' 4" x 12' 4")
Bedroom 2 - 2.77m x 3.24m (9' 1" x 10' 8")
Bedroom 3 - 1.86m x 2.62m (6' 1" x 8' 7")
Electric heating

FLAT THREE 
Entrance Hall
Lounge - 4.29m x 3.99m (14' 1" x 13' 1")
Kitchen - 3.41m x 2.16m (11' 2" x 7' 1")
Bedroom - 4.30m x 2.41m (14' 1" x 7' 11")
Bathroom - 3.00m x 2.24m (9' 10" x 7' 4")

INCOME 
Flat 1 - Let at £475 pcm (6 months assured shorthold tenancy)
Flat 2 - Let at £425 pcm (6 months assured shorthold tenancy)
Flat 3 - Let at £400 pcm (6 months assured shorthold tenancy)

Producing a total annual income of £15,600.

More information from this agent

Nearest stations

  • Barnstaple (0.6 mi)
  • Chapleton (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Smale & Co, Barnstaple

5 Cross Street, Barnstaple, EX31 1BA

01271 604000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

Externally hosted floorplan


To view this property or request more details, contact:

John Smale & Co, Barnstaple

5 Cross Street, Barnstaple, EX31 1BA

01271 604000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Barnstaple (0.6 mi)
  • Chapleton (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Smale & Co, Barnstaple

5 Cross Street, Barnstaple, EX31 1BA

01271 604000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 1240957. 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 John Smale & Co, Barnstaple. 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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