13 Fore Street
Tiverton
Devon
EX16 6LW
IDEAL INVESTMENT OPPORTUNITY OR FIRST TIME PURCHASE - Situated in a popular location on the outskirts of Moorhayes and town centre this large ONE bedroom first floor maisonette with garden and garage in a block in need of updating and modernisation offers generous sized accommodation throughout with a large lounge/diner, kitchen, bathroom and a large double bedroom within easy reach of local amenities, including a Tesco Express, and the North Devon Link Road. The property benefits from gas central heating and uPVC double glazed windows and door. Available with no onward chain the property provides a good yield for the investment market. The town centre is within about one mile near level walking distance, whilst a local shop and walks into open countryside are close at hand. Current rental income £485pcm offering a 4.85% yeild. EPC Band C
5' 4'' x 3' 7'' (1.633m x 1.084m)The property is entered via a uPVC double glazed door with stairs to the first floor.
Storage cupboard. Doors off to
7' 6'' x 5' 4'' (2.284m x 1.623m)With high level obscure glazed window. Sliding door into airing cupboard housing gas combi boiler. White bathroom suite comprising bath with electric shower over. Low level WC and pedestal wash basin. Tiled splash backs.
13' 1'' x 9' 6'' (3.98m x 2.906m)with window over looking the town with distance views of the hills. Radiator.
16' 8'' x 10' 9'' (5.077m x 3.28m)with large picture window giving roof top views over the town with the countryside beyond. Radiator. Television and telephone point. Door into
8' 10'' x 7' 7'' (2.689m x 2.303m)with a window to the front elevation overlooking gardens. Range of base units comprising of cupboards and draws with rolled edge worktop over. Inset single drainer sink. Space for gas cooker, washing machine, fridge and freezer.
to the side of the property there is a small garden area.
The garage is located in a nearby block indicated by the number 6 above the door.
Within the grounds there is a garage but this requires some restoration work.
We understand from the seller the property offers a 999 year lease from 1975.
There is ground rent of approx £10 per annum, and services charges associated but we are waiting for confirmation of these charges.
Please note that this property is currently tenanted and with the new Covid-19 Regulations relating to selling a property with a tenant in situ, they would have to be given 6 months notice to vacate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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