3 bedroom apartment for sale

South Brent, Devon

Guide Price £220,000

Property Description

Key features

  • Investment Opportunity
  • Shop and Three Flats
  • Village Centre Location
  • Fully Let
  • Gross Income 17,280 pa

Full description

Tenure: Freehold

HOW TO GET THERE The property is in the centre of South Brent and will be found immediately opposite the offices of Luscombe Maye. 

SOUTH BRENT The moorland village of South Brent stands under the southern foothills of Dartmoor National Park, and on the northern edge of the lovely South Hams fifteen miles from the centre of Plymouth.

The village is one with a strong community having a population of approximately 3,000 people with a vast range of facilities available within the village including churches, a primary school, shops, and a post office. The village has a cross-section of people including young couples, families and the older generation.

Situated just off the A38 Expressway, the village is well placed for quick access to Plymouth, Torbay and Exeter for which there are regular bus services.
 

THE ACCOMMODATION On the ground floor of the property is a shop unit currently trading as 'Cosy Corner Crafts'.
It has a glazed front door and prominent window display area. To the rear of the shop is an entrance hall way which is approached from a side driveway. This has access to the cellar below the shop and stairs to the upper floors.
Upstairs are three self contained flats, one on the first floor and two on the second floor.
Although the configuration of the flats varies slightly each one provides an entrance hall, living room with fitted kitchen area, bedroom and shower room with WC. 

THE INCOME Each of the flats is currently let on an Assured Shorthold Tenancy at a rent of £400 per calendar month.
The shop, including the cellar, is let on an informal tenancy at a rental of £240 per calendar month.
This gives a monthly income of £1440 per month or £17,280 per annum. 

COUNCIL TAX AND RATES Each of the flats is in Band A for Council Tax.
The shop has a Rateable Value of £2,225 

ENERGY PERFORMANCE Flat 1 (first floor) has an EPC Rating of 39 Band E
Flat 2 (second floor rear) a Rating of 19 Band G
Flat 3 (second floor front) a Rating of 9 Band G 

TITLES Although the property is being offered for sale as a whole, each of the flats and the shop is registered on a separate title. 

SERVICES Mains electricity, water and drainage are connected to the properties. 

TENURE The property is freehold and is being sold subject to the existing tenancies. 

VIEWING Strictly by appointment with the agents. In order to respect the privacy of the tenants internal viewings will only be possible for seriously interested parties and due notice must be given. 


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
12 August 2017

Nearest station

  • Ivybridge (3.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Luscombe Maye, South Brent

6 Fore Street, South Brent, TQ10 9BQ

01364 714001 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


To view this property or request more details, contact:

Luscombe Maye, South Brent

6 Fore Street, South Brent, TQ10 9BQ

01364 714001 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 station

  • Ivybridge (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Luscombe Maye, South Brent

6 Fore Street, South Brent, TQ10 9BQ

01364 714001 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 101034011245. 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 Luscombe Maye, South Brent. 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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