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5 bedroom terraced house for sale

BAY VIEW ROAD, Northam, EX39

Sold STC £275,000

Property Description

Key features

  • SPACIOUS RESIDENTIAL INVESTMENT PROPERTY
  • COMPRISES 5 SELF-CONTAINED FLATS
  • CURRENTLY PRODUCING RENT IN THE REGION OF 23,500 PER ANNUM
  • EACH UNIT IS PVCU DOUBLE GLAZED
  • SOME ENJOY GOOD VIEWS TO THE SOUTH OVER OPEN COUNTRYSIDE
  • LARGE OFF ROAD PARKING AT THE FRONT
  • EXCELLENT INVESTMENT OPPORTUNITY

Full description

Bay View Road is one of the most sought after areas in Northam. It is a convenient location within a short walk of the village square which offers a good range of everyday shops including a small supermarket with post office counter, newsagents and many others. There is a nearby library, health centre, infant and junior schools, church and swimming pool complex. It lies within a mile of the coastal resort of Westward Ho! famed for its sandy beach, surfing and adjoining golf course. It is a similar distance to the nearest junction of the Link Road which has greatly improved the accessibility to this area connecting it with the M5 at Tiverton. This has also improved access to Barnstaple, the areas major regional centre so that it is now within 15 minutes driving distance. The Market Town and Port of Bideford with its impressive Quay front and excellent range of shops, choice of supermarkets, health centres and schools is only two miles away. The yachting village of Instow is only three miles away.

29 Bay View Road is a substantial investment property producing a current rental income in the region of 23,500 per annum. The property is currently divided into 5 self-contained flats on unfurnished Assured Shorthold Tenancies. On the ground floor there are two flats, one of which enjoys its own independent front door access. The other flats are accessed from the communal entrance. There is a spacious one bedroomed flat on the first floor which provides a 17' lounge. On the second floor there are two smaller bedsit flatlet style accommodation. An undoubted excellent investment opportunity, early enquiries are therefore advised.

Directions to Find: From Bideford proceed straight across at the Heywood Road Roundabout junction with the Link Road. As you enter Northam take the second turning left into Bay View Road. Go past the Health Centre on your right and proceed past the entrances into Fairlea Crescent on the left. Proceed up the short hill when a driveway bears off on the left down to No.29. There is a parking area forecourt to the front of the property with ample parking for all 5 flats and visitors.

The present accommodation briefly comprises (with all measurements being approximate):

GROUND FLOOR FLAT
(Currently let at 95 per week with an additional 5 per week towards water rates) Own independent PVCu entrance door into:

ENCLOSED ENTRANCE PORCH: Further door into:

KITCHEN: 11' 7 x 6' 0 (3.53m x 1.83m) Equipped with one and a half bowl stainless steel sink unit, fitted worktop with storage cupboards, drawers and appliance space under, wall cupboards, shelving, part tiled walls, electric cooker point, space and plumbing for washing machine.

LOUNGE: 16' 9 x 10' 0 (5.11m x 3.05m) Feature natural stone fireplace with fitted gas fire, television point, beamed ceiling, PVCu double glazing.

BEDROOM: 11' 6 x 10' 0 (3.51m x 3.05m) PVCu double glazing, wall mounted electric heater, door to:

SHOWER ROOM: Appointed with three piece white suite.

COMMUNAL ENTRANCE
Serving the remaining 4 flats and providing a STORE ROOM on the ground floor and a staircase to the upper floors.

GROUND FLOOR FLAT 6
(Currently let at 95 per week with an additional 5 per week towards water rates)

HALLWAY: PVCu double glazing.

LOUNGE: 17' 6 x 12' 4 (5.33m x 3.76m) Feature natural stone fireplace housing gas fire, television point, beamed ceiling.

BEDROOM: 9' 6 x 8' 9 (2.90m x 2.67m) PVCu double glazing, door to:

EN-SUITE SHOWER ROOM: Appointed with three piece white suite.

KITCHEN: 8' 6 x 7' 0 (2.59m x 2.13m) Equipped with single drainer sink unit, fitted worktop with storage cupboards, drawers and appliance space under, integrated four-ring electric hob and oven.

FIRST FLOOR:

LANDING AREA: PVCu double glazed window, staircase to upper floor.

FIRST FLOOR FLAT 5A
(Currently let at 95 per week with an additional 5 per week towards water rates)

LOUNGE: 17' 3 x 14' 0 (5.26m x 4.27m) Large PVCu double glazed window enjoying views to the south over open countryside, fitted gas fire, television point.

KITCHEN: 6' 4 x 6' 2 (1.93m x 1.88m) Equipped with single drainer sink unit, fitted worktop with storage and appliance space under, further worktop with cupboards and drawers under, wall cupboards, electric cooker point.

BEDROOM: 11' 3 x 10' 6 (3.43m x 3.20m) PVCu double glazing enjoying views to the south over open countryside, door to:

EN-SUITE SHOWER ROOM: Appointed with three piece white suite.

SECOND FLOOR:

LANDING AREA:

SECOND FLOOR FLAT 1
(Currently let at 84 per week with an additional 5 per week towards water rates)

BED/SITTING ROOM: 14' x 11' (4.27m x 3.35m) PVCu double glazing, beamed ceiling, television point.

KITCHEN: 8'6 x 5'6 (2.59m x 1.68m) Equipped with single drainer sink unit with cupboards and drawer under, part tiled walls, fitted worktop with appliance space below, electric cooker point, electric water heater, PVCu double glazing.

SHOWER ROOM: Appointed with three piece white suite.

SECOND FLOOR FLAT 4
(Currently let at 84 per week with an additional 5 per week towards water rates)

KITCHEN: 15' x 5' (4.57m x 1.52m) Equipped with single drainer sink unit, fitted worktop with storage cupboards and drawers under, wall cupboards, part tiled walls, electric water heater, electric cooker point, PVCu double glazing enjoying the open views to the south over open countryside.

BED/SITTING ROOM: 12'2 x 10'9 (3.71m x 3.28m) PVCu double glazing enjoying the views to the south over open countryside, door to:

EN-SUITE SHOWER ROOM: Appointed with three piece white suite.

OUTSIDE: At the front is a large car parking area providing off road parking for each flat plus ample space for visitors.

SERVICES: Mains Water, Electricity, Drainage and Gas all connected.

COUNCIL TAX: Band A for Each Flat


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
03 August 2016

Floorplans

Map & Street View

Disclaimer - Property reference BAYVIEW29. 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 Seldons, Bideford. 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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