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COMMERCIAL

South View Road, Willand, Cullompton

Guide Price
£295,000
Stags, Tiverton
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

3

SIZE

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2 South View Terrace - Floorplan
1

Key features

  • High Yielding Investment
  • 3 Self Contained Flats
  • Established Rent Roll
  • Future Development Potential
  • Generous Garden Land & Parking
  • Walking Distance Village Amenities
  • M5 J27 & J28 4 Miles
  • Cullompton 3.5 Miles
  • Council Tax Band: A, A, A
  • Freehold

Description

A high yielding investment opportunity of 3 self contained 1 bedroom flats each with a parking space, with an established rent roll, future development potential and garden land. Council Tax Band: A. EPC Band: C. Freehold.

Desription - An excellent investment property with an established rent roll of £19,800 per annum (2026), giving a current gross yield of 6.7% but with potential to review. Originally the whole building was converted by the current owners and Flat 2B was refurbished in 2022. The property has vehicle access to the rear providing parking for each flat, as well as a redundant garage and gardens extending to approximately 0.061 acres. The garden land offers potential for future development subject to the necessary consents. Consent was given in 2006, now lapsed, REF: 06/00388/FULL.

The property is situated within walking distance of several large employers and the village amenities which include Co-op, store/post office, primary school, church, sports/tennis club, Spar/petrol station. The M5 can be accessed at either J27 or J28, both within 4 miles.

Services - Mains Electricity, Water and Drainage. Electric Heating.
Ofcom predicted broadband services – Standard, Superfast & Ultrafast broadband available.
Ofcom predicted mobile coverage: Internal - O2 & Vodafone. External - EE, Three, O2 and Vodafone.
Local Authority: Mid Devon District Council.

Directions - What3Words: ///interview.straws.labs
Google Drop Pin:

Brochures

South View Road, Willand, Cullompton

Energy Performance Certificates

EE Rating

South View Road, Willand, Cullompton

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tiverton Parkway Station1.8 miles
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About Stags, Tiverton

19 Bampton Street, Tiverton, EX16 6AA
Industry affiliations:

Stags' Tiverton office is in Bampton Street, one of Tiverton's busiest shopping thoroughfares and is a short distance from Tiverton's redeveloped Pannier Market, which offers parking and regular markets that are popular with locals and visitors alike.

Stags has been a dynamic influence on the West Country property market for over 150 years and is acknowledged as the leading firm of chartered surveyors and auctioneers in the West Country with over 25 offices and locations across Cornwall, Devon, Somerset and Dorset. We take great pride in the trust placed in our name and our reputation.

Stags offers the security of using an exceptional professional service with qualified chartered surveyors and dedicated property experts, who are able to give individual advice on a wide range of residential issues. We take pride in our in-depth knowledge of the West Country, as well as the regional property markets and are armed with a network of invaluable personal contacts, which enables us to deliver an impressive package of skills.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34925463. 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 Stags, Tiverton. 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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