Bideford, EX39 1AW
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Northam, Bideford, EX39 1AW

Flat 2 Bedroom
EPC Rating: EPC
Price £125,000

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, Northam, Bideford EX39 1AW

 
Points Of Interest
Key Features
  • RARE INVESTMENT OPPORTUNITY
  • Freehold investment property
  • Spacious 1 Bedroom apartment & separate Studio apartment
  • Shared Storage Room & Utility Room located on the Ground Floor
  • The property has previously produced circa £9,000 per annum providing a great return for any potential investment buyers
Property Description

Additional Information

RARE INVESTMENT OPPORTUNITY
Situated in the heart of Northam and within walking distance of local shops and amenities, this is a rare opportunity to acquire a Freehold investment property comprising of a spacious 1 Bedroom apartment and a Studio apartment which are accessed via their own private entrance with the addition of a shared Storage Room and Utility Room on the Ground Floor. The property has previously produced circa £9,000 per annum which provides a great return for any potential investment buyers.

Front Porch    Original tiled flooring. Door to:

Entrance Hall    Stairs rising to First Floor Landing. Part fitted carpet. Door to:

Storage Room 13'3" x 5'4" (4.04m x 1.63m). Fitted carpet. Door to:

Utility Room 7'6" x 5'4" (2.29m x 1.63m). Wash hand basin. Plumbing for washing machine. Obscure UPVC double glazed windows to rear elevation.

First Floor Landing    Fitted carpet. Separate doors give access to the Studio apartment and to the 1 Bedroom apartment.

1 BEDROOM APARTMENT (5a Fore Street)

Entrance Porch    Fitted carpet. Door to:

Living Room 13'7" x 18'10" (4.14m x 5.74m). A large room with UPVC double glazed windows to rear elevation. Fitted carpet, 2 radiators. Doors to Bedroom and Kitchen.

Kitchen    Newly fitted Kitchen comprising single bowl stainless steel sink unit inset into worktop surface with matching cupboards below and above. Space for electric cooker, space for fridge / freezer. Laminate flooring.

Bedroom 18'7" x 9'8" (5.66m x 2.95m). A spacious double Bedroom with feature fireplace. 2 radiators, fitted carpet. Built-in airing cupboard housing hot water tank. UPVC double glazed window to rear elevation. Door to:

Bathroom    Bath with shower over. Fitted carpet. Door to:

Cloakroom    Close couple WC and pedestal wash hand basin. Laminate flooring. Obscure UPVC double glazed window to rear elevation.

STUDIO APARTMENT (5b Fore Street)

Inner Hallway    Fitted carpet, fitted shelving. Built-in airing cupboard housing hot water tank. Access to Bathroom. Door to:

Open-plan Kitchen / Living Room / Bedroom 19'2" x 16'3" (5.84m x 4.95m). A spacious room with large feature windows to front elevation. 2 radiators, hatch access to loft space.

Kitchen    Newly fitted Kitchen comprising single bowl stainless steel sink unit inset into worktop surface with matching cupboards below and above. Space for electric cooker, space for fridge / freezer. Laminate flooring.

Bathroom    3-piece suite comprising bath with shower over, close couple WC and pedestal wash hand basin. Laminate flooring, electric fan heater.

Important Information    The 1 Bedroom apartment has previously been let out for £400.00 per calendar month.
The Studio apartment has previously been let out for £350.00 per calendar month.

This property is subject to a flying freehold
A Flying freehold is a legal term to describe a freehold which overhangs or underlies another freehold.
In this case a proportion of the first floor of the building is situated above a shared vehicular passageway belonging to another property.
Prospective purchasers requiring a mortgage are advised to seek financial advice in respect of this prior to making an offer.



Directions

From Bideford Quay proceed in the direction of Northam and take the right hand turning signposted Northam Town Centre onto Fore Street. After passing the Kingsley Inn on your left hand side, number 5 Fore Street will be found on your left hand side clearly displaying a numberplate.

Particulars (PDF 15.1MB)

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