1 bed Flat For Sale, Bear Street, Barnstaple EX32

Description

An ideal investment opportunity to purchase the freehold of a double front lock up retail premises and a first floor 1 bedroom flat close to the centre of Barnstaple.

The current combined potential rental value is around £11,100 which gives a return of around 7.8%.The small double fronted lockup retails premises has a rental valuation of £450pcm. It has a total square footage of 242 sq foot. Consisting of a shop front, kitchen area and W.C. The 1st floor flat has a current rental valuation of £475pcm. It comprises of communal entrance hall with stairs to first floor and useful store cupboard at the top. The good size lounge/dining room has a feature fireplace and a window to the front elevation. The kitchen has a range of wall and base units with work surfaces over. The kitchen also benefits from 4-ring electric hob and electric oven with extractor over and a sink drainer unit. There is a good size double size bedroom which has a window to the side elevation. It also has some handy storage cupboards .The shower room has a shower cubicle, wash hand basin, low level w.c and a opaque window to the rear elevation. The property has mains electrics and water. The property is Council Tax Band A.

Lounge/Diner (16' 10'' x 14' 6'' (5.14m x 4.43m))

Kitchen (10' 10'' x 6' 0'' (3.30m x 1.84m))

Bedroom (14' 2'' x 9' 9'' (4.32m x 2.98m))

Shower Room (7' 10'' x 3' 8'' (2.38m x 1.13m))

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1 bed Flat For Sale £142,500 Bear Street, Barnstaple EX32

1 bed Flat For Sale £142,500
Bear Street, Barnstaple EX32