2 Bedroom Property for sale in Fore Street Northam, Bideford

2 Bedroom Property - £165,000

Fore Street Northam, Bideford

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First listed on: 08th November 2018

Nearest stations: Barnstaple (7.1 mi)Chapelton (Devon) (8.4 mi)

Interested in this property? Call See phone number 01373 482900

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Property Features

  • First Floor 2 Bedroom Flat and Ground Floor Commercial Shop
  • Current Rental Income of 11,000 per annum
  • Return of Investment of 6.1%
  • Parking to the Rear

Property Description

This is an opportunity to acquire a well-presented commercial property with a self-contained 2 Bedroom apartment above situated in the heart of this highly sought after village of Northam. As this property is mixed use investors won't be subject to the additional 3% stamp duty.
The property has a potential rental income of £11,000 per annum which represents a £6.1% return of investment. The commercial unit is vacant but could be let between £5K and 6K per annum.The first floor flat is on a standard AST at £6000 per annum.
The ground floor commercial premises briefly comprises of the main shop front with large display window, a second office of storage are, a back office or storage area and a W.C. The unit also benefits from a door to the side of the property.
The flat is accessed through a private entrance to the rear of the building. There is an entrance area and stairs to the flat on the first floor. The flats has 2 good size double bedrooms, a kitchen, lounge and a family bathroom.
The property also benefits from a covered car parking space.
This is an opportunity to acquire a well-presented commercial property with a self-contained 2 Bedroom apartment above situated in the heart of this highly sought after village of Northam. As this property is mixed use investors won't be subject to the additional 3% stamp duty.
The property has a potential rental income of £11,000 per annum which represents a £6.1% return of investment. The commercial unit is vacant but could be let between £5K and 6K per annum.The first floor flat is on a standard AST at £6000 per annum.
The ground floor commercial premises briefly comprises of the main shop front with large display window, a second office of storage are, a back office or storage area and a W.C. The unit also benefits from a door to the side of the property.
The flat is accessed through a private entrance to the rear of the building. There is an entrance area and stairs to the flat on the first floor. The flats has 2 good size double bedrooms, a kitchen, lounge and a family bathroom.
The property also benefits from a covered car parking space.
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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
17/01/2020 Property listed at £165,000
10/08/2018 Property listed at £179,950

Property Floorplans

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Disclaimer

Disclaimer Property reference 15071_9011117_S. Details are provided and maintained by Forest Marble. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Ellworthy Park

4 Harris Close

Frome, Somerset

BA11 5JY

Telephone: See phone number 01373 482900

Arrange Viewing Arrange Viewing with Agent

Disclaimer

Disclaimer Property reference 15071_9011117_S. Details are provided and maintained by Forest Marble. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Ellworthy Park

4 Harris Close

Frome, Somerset

BA11 5JY

Telephone: See phone number 01373 482900

Arrange Viewing Arrange Viewing with Agent

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