2 bed Flat For Sale £150,000
Attention landlords! An excellent two-bedroom flat within a stones-throw of Brixham harbour and town centre. Currently occupied by a tenant-in-situ, the property currently generates a yield circa 4.6% and looks after the property beautifully. Spacious living accommodation within a purpose built and very well regarded block in the Harbour area.
A very spacious and well appointed two bedroom flat in a popular and well maintained block right in the centre of the Brixham harbour area, with excellent access into the town centre and to the waterfront. Situated on the first floor from Overgang, access can be gained from either the top or the bottom of the Kelvin Court via the central spiral staircase.
Currently occupied by a long standing tenant, and being offered as a going concern, the property generates a rental income of £575pcm (circa 4.6% yield) and has been very well looked after by the tenant for the past 8 years.
Entering in through the pvcu front door to a spacious entrance hallway, there is a very good sized lounge/kitchen/diner with an excellent size first bedroom just off. The kitchen area is modern and well appointed, and there is a useful storage cupboard. Large picture window with a view over Overgang. There is a good sized family bathroom and versatile second bedroom to the end of the hallway. Being within a middle floor, the property is efficient to run and retains it's warmth well. There is electric heating serviced by modern electric radiators.
The flat is held on a 199 year lease from 1988. Maintenance is currently charged at a reasonable £600 per year which includes buildings insurance, and regular maintenance of the building and communal areas. Ground rent is £1.00 per year.
A very spacious and well appointed two bedroom flat in a popular and well maintained block right in the centre of the Brixham harbour area, with excellent access into the town centre and to the waterfront. Situated on the first floor from Overgang, access can be gained from either the top or the bottom of the Kelvin Court via the central spiral staircase.
Currently occupied by a long standing tenant, and being offered as a going concern, the property generates a rental income of £575pcm (circa 4.6% yield) and has been very well looked after by the tenant for the past 8 years.
Entering in through the pvcu front door to a spacious entrance hallway, there is a very good sized lounge/kitchen/diner with an excellent size first bedroom just off. The kitchen area is modern and well appointed, and there is a useful storage cupboard. Large picture window with a view over Overgang. There is a good sized family bathroom and versatile second bedroom to the end of the hallway. Being within a middle floor, the property is efficient to run and retains it's warmth well. There is electric heating serviced by modern electric radiators.
The flat is held on a 199 year lease from 1988. Maintenance is currently charged at a reasonable £600 per year which includes buildings insurance, and regular maintenance of the building and communal areas. Ground rent is £1.00 per year.
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