Springfield Road Ilfracombe, Devon £95,000

• One bedroom, first floor apartment
• Primed for renovation/refurbishment
• Located in a well run block of apartments
• Could attain £525pcm in rental income
• Sea views from the front and Torrs views from the rear
• Brand new 999 year lease

This first floor, one bedroom apartment offers investors and first time buyers the opportunity to renovate to a high standard. The property could serve as the ideal first time purchase once refurbished, or a sound buy to let investment attaining in the region of £525pcm.

While the primary source for heating and hot water is currently electric, there is a gas main into the property which would allow any new owner to install a gas combi boiler. The property is situated in a well run block of four apartments and comes with a new 999 year lease. The block has recently had a new integrated fire alarm system installed and all the communal areas have been re-decorated.

Kitchen (3.38 x 2.80 (11'1" x 9'2"))

Living Room/Diner (2.88 x 4.36 (9'5" x 14'3"))

Bedroom (4.07 x 2.55 (13'4" x 8'4"))

Bathroom (2.09 x 1.33 (6'10" x 4'4"))

Direction
From our office proceed in a westerly direction. Take the first left on to Springfield Road. Follow the road around and number 16 will appear on your right hand side, just after the turning for Belvedere Road.

Agents Notes
We have been informed by the vendor that electric, water and sewerage are all mains connected. We have been informed that service charge will be £75 pcm to contribute to building insurance, fire alarm testing and to create a sinking fund.

To comply with the property misdescriptions act we must inform all prospective purchasers that the measurement are taken by an electronic tape measure and are provided as a guide only, they should not be used as accurate measurements. We have not tested any mains services, therefore prospective purchasers should satisfy themselves before committing to purchase.