No longer on the market
This property is no longer on the market
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Map2 bedroom property
Key information
Features and description
- Investment opportunity
- Instant income
- Sought after rental location
- Apartment block with 3 flats
- Well maintained
- Fully occupied
- Long term tenants
We are pleased to offer to auction this block of three flats is a rare investment opportunity for those seeking a stable rental income with tenants already in place. Located in the popular residential area of Westaway Heights, the property is well-positioned for easy access to North Devon District Hospital, local amenities and transport links.
The block consists of three spacious and well-maintained 2 bedroom flats. The ground floor flat comprises a spacious living room, a fully fitted kitchen, two bedrooms, and a family bathroom. The first and second floor flats are laid out identically.
All three flats are currently occupied by long-term tenants, generating a consistent rental income. Each unit is well-maintained and in good condition, ensuring hassle-free management for the new owner.
The block also benefits from a low-maintenance courtyard garden, providing a pleasant outdoor space for tenants to enjoy. There is also ample and unrestricted off-street parking available for residents and visitors.
In summary, this block of three flats is a rare investment opportunity, offering a stable rental income with long-term tenants already in place. With its convenient location, well-maintained units, and low-maintenance outdoor space, this property is an attractive proposition for any savvy investor.
Barnstaple is a charming market town located in North Devon, England. It has a rich history and a vibrant community, with plenty of amenities and attractions to offer both locals and visitors.
The town centre features a range of independent shops, cafes, and restaurants, as well as larger chain stores and supermarkets. The historic Pannier Market is a must-visit destination, offering a diverse range of local produce and crafts.
For culture enthusiasts, the Museum of Barnstaple and North Devon is a fascinating showcase of the town's heritage, while the Queen's Theatre hosts a variety of live performances and events throughout the year.
Nature lovers will appreciate the town's proximity to the beautiful North Devon coastline and countryside. The Tarka Trail, a popular walking and cycling route, passes through Barnstaple and offers stunning views of the surrounding area.
Other local amenities include excellent schools, a leisure centre with a swimming pool, and a hospital. The town also benefits from good transport links, with regular bus and train services connecting it to other destinations in Devon and beyond.
In summary, Barnstaple is a charming town with plenty to offer in terms of amenities and attractions. Its rich history, diverse range of shops and eateries, and beautiful surrounding countryside make it an ideal destination for both residents and visitors.
Please note we have not inspected this property.
Rooms
Location
Barnstaple is a charming market town located in North Devon, England.
The town centre features a range of independent shops, cafes, and restaurants, as well as larger chain stores and supermarkets. The historic Pannier Market is a must-visit destination, offering a diverse range of local produce and crafts.
For culture enthusiasts, the Museum of Barnstaple and North Devon is a fascinating showcase of the town's heritage, while the Queen's Theatre hosts a variety of live performances and events throughout the year.
Nature lovers will appreciate the town's proximity to the beautiful North Devon coastline and countryside. The Tarka Trail, a popular walking and cycling route, passes through Barnstaple and offers stunning views of the surrounding area.
Other local amenities include excellent schools, a leisure centre with a swimming pool, and a hospital. The town also benefits fro...
Accommodation
The block consists of three spacious and well-maintained 2 bedroom flats. The ground floor flat comprises a spacious living room, a fully fitted kitchen, two bedrooms, and a family bathroom. The first and second floor flats are laid out identically.
All three flats are currently occupied by long-term tenants, generating a consistent rental income. Each unit is well-maintained and in good condition, ensuring hassle-free management for the new owner.
The block also benefits from a low-maintenance courtyard garden, providing a pleasant outdoor space for tenants to enjoy. There is also ample and unrestricted off-street parking available for residents and visitors.
Tenure
Freehold. Title number DN554650
Council Tax
Band B
EPC
All Available Upon Request
26 & 27 (Rating B)
28 (Rating C)
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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