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7 bedroom block of apartments for sale

Milton Street, Brixham

Under Offer £400,000

Property Description

Key features

  • Great Investment Opportunity
  • Three Flats plus A Cottage Style Home
  • Circa 26,000 per annum return.
  • Close to Town
  • Each Flat Double Glazed and Own Gas Heating

Full description

Tenure: Freehold

Attention Investors! Freehold Investment for sale. Period house which in recent years has been converted into 4 letting units producing gross circa £26,000 per annum. Approx. 6.5% return. The property comprises of three two bed flats and a courtyard maisonette located to rear. Flats are a generous size & well placed for amenities close to St Marys Square.

Each flat has gas fired central heating and are double glazed.

Solid Front Door to…

Entrance Hallway 12`1" (3.68m) x 4`6" (1.37m) Storage cupboard.

Living Room 20`6" (6.25m) x 13`6" (4.11m) Dual aspect with two uPVC double glazed windows to the front. Feature fireplace with wood surround and tiled hearth. Wood laminate floor. Spotlighting.Radiator. Store cupboard. Steps leading up to

Kitchen 9`4" (2.84m) x 6`2" (1.88m) White contemporary fitted kitchen with base units set beneath roll edge work surfaces with ceramic 1 ½ bowl sink unit. Cupboards and shelving. Fitted electric hob and oven with grill. Wall mounted gas boiler. Plumbing for washing machine. Down lighters. Door to rear courtyard.

Bedroom 11`3" (3.43m) x 8`11" (2.72m) Shelf. Window to the side. Contemporary radiator.

Bedroom 10`6" (3.2m) x 9`1" (2.77m) Contemporary radiator. Fitted wardrobe to one wall. uPVC double glazed window to the front.

Bathroom 8`2" (2.49m) x 5`11" (1.8m) White suite comprising of a roll top claw footed bath with drench shower over (glazed split shower screen), contemporary wash hand basin set in a vanity unit and high cistern WC. Heated towel rail. Down lighters. Tiled flooring..

This lovely refurbished first floor flat has been reconfigured to provide two bedrooms, modern shower room, open living space with fitted kitchen area and heated by gas fired central heating plus double glazed sash windows .From the windows you have a pleasant aspect over the surrounding area.

Accessed through shared arch way to communal courtyard with door into a shared hallway and stairs. Own front door into

Living Room 16`5" (5m) x 15`5" (4.7m) Plus recess area ideal as a work station/computer area.

Living Area: Part wood feature panelled wall with two uPVC sash double glazed windows looking across to Horsepool Street and surrounding area. Up lighters. Radiator. TV aerial point. Drop Leaf table/breakfast bar.

Kitchen Area: Brand new Kitchen which has been arranged to two sides and comprises of a range of modern base units with cupboard space set beneath work surfaces with tiled splash. i backs. Built in oven plus hob with stainless steel splash back and contemporary extractor hood over. Recess with plumbing for washing machine. Brand New (May 2017) Gas fired central heating boiler.

Bedroom 1 9`9" (2.97m) Plus Recess x 9`8" (2.95m) Part wood panelled wall. Dual aspect looking across to Horsepool Street and surrounding area. Built in storage/recess area. Radiator.

Bedroom 2 11`5" (3.48m) x 6`6" (1.98m) Window to the front overlooking Horsepool Street and surrounding area. Electric fuse box. Radiator.

Shower Room Contemporary step in double shower cubicle with thermostatically controlled shower. Pedestal wash hand basin and low level WC. Obscure glazed window to the rear. Towel rail. Fitted shelving.

Approached via a communal courtyard leading to a uPVC double glazed door opening into a shared hallway with stairs to a inner front door.

Entrance Lobby With stairs up to

Bathroom 6`11" (2.11m) x 4`6" (1.37m) Located on Half landing. Modern white suite including panelled bath with shower over, low level WC and hand basin. Heated ladder towel rail.

Landing Doors to…

Living Area 13`2" (4.01m) x 12`0" (3.66m) Wood laminate floor. Outlook across St. Marys. Telephone point and television point. 2 downlighters. Contemporary electric fire.

Kitchen Area 11`0" (3.35m) x 6`0" (1.83m) Contemporary high gloss white kitchen with wood block worktops. Inset stainless steel sink unit inset in base units with drawer and cupboard space beneath. matching wall mounted cupboards. Wine store. Plumbing for washing machine. Built in oven and grill with extractor hood over. Stainless steel splashbacks. Wood laminate floor. 4 downlighters. Breakfast bar.

Bedroom 1 14`3" (4.34m) x 9`3" (2.82m) Views over St. Marys to the front. Radiator.

Bedroom 2 10`3" (3.12m) x 7`2" (2.18m) Access to roof void (large storage). Velux window to the rear.

Contemporary PVC-u Front Door to…

Living Space 11`8 x 10`10 (3.56m x 3.30m)
At Average. With 2 large velux windows, television point and telephone point. 3 spotlights. Wood effect flooring. Open to…

Kitchen Area 10`5 x 6`8 (3.18m x 2.03m)
At Max. With contemporary fitted high gloss white kitchen with wood block worktops, stainless steel sink, Schott Ceran induction hob with oven and grill below. Fridge/freezer. Extractor hood over hob. Stainless steel splashbacks. Understairs cupboard. Shelving. Stairs rising to First Floor…

Landing Area 7`8 x 2`6 (2.34m x 0.76m)
With plumbing for washing machine. Doors to…

Bedroom 12`2 x 7`11 (3.71m x 2.41m)
Ceiling spotlight unit.

Bathroom 10`4 x 4` (3.15m x 1.22m)
Contemporary white bathroom suite with bath (power shower over), WC and pedestal wash basin. Heated ladder towel rail. Heatline CAPRI2 Plus gas boiler. Velux window.

The current rentals being achieved are:

Ground Floor Flat £575 pcm
First Floor. £550 pcm
Courtyard £525 pcm
Second Floor. £520 pcm
Total = £26,040 year
Providing a potential yield of 6.5%

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

More information from this agent

Listing History

Added on Rightmove:
01 June 2017


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