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2 Bedrooms Terraced House for sale in SOUTH MOLTON, Devon

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2 Bedrooms Terraced House - £130,000

SOUTH MOLTON, Devon

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First listed on: 12th November 2015

Nearest stations: King's Nympton (6.4 mi)Portsmouth Arms (6.5 mi)Umberleigh (6.8 mi)Chapelton (Devon) (8.3 mi)Eggesford (9.2 mi)

Interested in this property? Call See phone number 01271 342000

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Property Features

  • Tenure: freehold

Property Description

Offered to the market are two, one bedroomed flats in the popular town location of South Molton. A good investment opportunity, one is currently tenanted and one empty, both in good order with each flat benefitting from it\'s own entrance. The ground floor flat also boasts a courtyard to the rear with plenty of space for outside storage and bins.

The property is a mid terrace town house which has been subdivided into the two flats. Viewing is advised through sole agents John Smale & Co.

South Molton offers a good range of amenities including shops, banks, health centres, library, schools, swimming pool and hospital. The regional centre of Barnstaple is within easy motoring distance along the North Devon Link road which also provides quick access to the M5 Motorway at Junction 27 and the main railway station at Tiverton Parkway. South Molton enjoys close proximity to both Exmoor and Dartmoor National Parks and excellent sandy beaches at Saunton, Putsborough, Croyde and Woolacombe.

Ground Floor Flat

Reception Area
3.95m x 2.97m (13\' x 9\' 9")
Ground Floor Flat entered via outer door leading into passageway. This leads in turn to a rear courtyard with space for outside storage and bins. The Flat itself is accessed via a door leading into the Reception Area with doors leading to the bedroom and kitchen.

Kitchen
5.37m x 1.99m (17\' 7" x 6\' 6")
Fully equipped galley kitchen with window to side aspect. Original, feature storage cupboards are an extra to the fitted kitchen with passageway leading to

Shower Room
1.95m x 1.54m (6\' 5" x 5\' 1")
Shower Room suite with window to rear.

Bedroom
2.78m x 5.42m (9\' 1" x 17\' 9")
Bedroom is a good size with large window to front aspect, feature wooden mantel and large walk in storage cupboard.

First Floor Flat

Entrance Lobby
Entrance door with stairs leading up to large entrance lobby. Space for storing outer wear with further large storage cupboard including hanging rail. Access to all rooms.

Reception Lounge
13\' x 14\' 11" (3.95m x 4.55m)
A good sized room with Bay Window to front aspect. Space for desk / office area to corner of room.

Bathroom
7\' 1" x 4\' 6" (2.17m x 1.37m)
Full bathroom suite with bath and shower over. Window overlooking courtyard.

Kitchen
9\' 2" x 11\' 5" (2.79m x 3.48m)
Fully equipped, fitted kitchen with storage space.

Bedroom
10\' 8" x 8\' 8" (3.25m x 2.64m)
Good sized room with storage cupboard to rear of room and large window to side aspect.

Further Information

Tenancy Information
Ground Floor Flat - EMPTY


First Floor Flat
Let under an Assured Shorthold Tenancy Agreement for an initial period of 6 months. This initial period expired on 28th February 2015 and now continues on a periodic basis.

Current Rental Income
Ground Floor Flat - £300.00 PCM previously
First Floor Flat - £325.00 PCM

Current Return
£145,000 Purchase Price with current annual income of £7500.00 = Return of 5.17%

Approx. Total Floor Area - 1220 Sq Ft
Vendor Position - No Chain

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
05/10/2016 Property listed at £130,000
02/04/2016 Property listed at £135,000
13/11/2015 Property listed at £145,000

Schools

Disclaimer

Disclaimer Property reference A5398237D55296_3979091. Details are provided and maintained by John Smale & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

John Smale & Co, Barnstaple

5 Cross Street

Barnstaple

Devon

EX31 1BA

Telephone: See phone number 01271 342000

Arrange Viewing Arrange Viewing with Agent

Disclaimer

Disclaimer Property reference A5398237D55296_3979091. Details are provided and maintained by John Smale & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

John Smale & Co, Barnstaple

5 Cross Street

Barnstaple

Devon

EX31 1BA

Telephone: See phone number 01271 342000

Arrange Viewing Arrange Viewing with Agent

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