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3 bedroom residential development for sale

Nelson Road

1,248 sq. ft. | £220,000

Property Description

Commercial information

  • Business for sale
  • 1,248 sq ft (115 sq m)

Key features

  • 10-12% NET Fixed Income for 10 Years
  • Phase I and II Sold Out & Operational
  • Award Winning Developer
  • Short Walk from North Devon's Only Blue Flag Beach
  • Excellent Onsite Facilities
  • Professional Onsite Management
  • 10-Year Structural Warranty
  • Fully Flexible Resale Options
  • Buyer Interests Aligned with Freeholder
  • TripAdvisor Centre for Excellence

Full description

Tenure: Leasehold

Westbeach provides buyers with a rare opportunity to purchase a brand new two-bed apartment or 3-bed duplex on one of the UK's most popular stretches of coastline.

All guests and residents will have access to excellent onsite facilities, including indoor and rooftop swimming pools, luxury spa, restaurant and fully- licensed bar. These are scheduled to become operational in November 2017, alongside Phase IV.

The previous two phases are now completely sold out, and Phase I has proven income generation. Buyers are offered fixed NET returns rising from 10% (in years 1-5) to 12% (in years 6-10), as well as fully flexible resale options.

Phase III & IV Development Highlights:

✓ Luxury Two-Bed Apartments & 3-Bed Duplexes
✓ Phase I and II Sold Out & Operational
✓ Award Winning Developer
✓ Short Walk from North Devon's Only Blue Flag Beach
✓ Excellent Onsite Facilities
✓ Professional Onsite Management

Investment Highlights:

✓ 10-12% NET Fixed Income for 10 Years
✓ 5% Interest on Deposited Payments During Construction
✓ Proven Income from Initial Phases
✓ 10-Year Structural Warranty
✓ Buyer Interests Aligned with Freeholder
✓ Fully Flexible Resale Options


Floorplans

Map & Street View

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