Station Road, Okehampton EX20
Station Road, Okehampton, Devon, EX20 1DY
1 Beds
1 Baths
1 Reception
£89,950
Investment opportunity with tenant in situ
Shower Room
Approx Gross Yield of 9.67% on current rent
Communal outside seating area
One bedroom top floor flat
Share of freehold and long lease
Living Room and open plan Kitchen
NO UPWARD CHAIN
Double Bedroom
Easy walking to town facilities
This well-presented one bedroom flat is located close to all the towns facilities and is offered for sale as an investment opportunity with a tenant in situ. Located in an historic house comprising five flats close to the town centre it is close to the local park and town facilities and all supermarkets. It is accessed via a communal hallway towards the rear of the building. The flat entrance is on the first floor giving access to a store room and stairs to the second floor (top floor) landing. The flat offers an open plan Living Room and Kitchen with a cooker and electric hob, double glazing and electric heating. There is a separate double bedroom with an en-suite shower room.
The flat is currently tenanted with a gross rental yield of approx 9.67% and is offered as an investment opportunity primarily in a sought after area. It enjoys an equal share of the freehold and benefits from a long lease (999 years from 2008).
To the rear of the property is a communal gravelled garden.
Material Information
Tenure: Share of Freehold
Council tax band: E
EPC rating: E - 40
The building
Standard construction
Accessibility adaptations: None
Services
Mains electricity
Mains water
Private foul drainage
Private surface water drainage
Heating: Electric powered central heating
Broadband: FTTP
Mobile coverage: O2 good, Vodafone good, Three good, EE good
Parking: On street parking
Risks and restrictions
DN579134 Restriction: No disposition of the registered estate by the proprietor of the registered estate is to be registered without a certificate signed by a conveyancer that the conveyancer is satisfied that the person who executed the document submitted for registration as disponor is the same personas the proprietor.
The covenant implied under section 4(1) (b) of the law of property (Miscellaneous Provisions) Act 1994 in the disposition to the proprietor is modified .
Public right of way through and/or across your house, buildings or land: No
Not listed
Not in a conservation area
No tree preservation order in place
Disclaimer
Smart Property Group and its clients give notice that; they have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation, or other consents, and Smart Property Group has not tested any services, equipment, or facilities. Purchasers must satisfy themselves by inspection or otherwise. Smart Property Group is a member of The Property Ombudsman scheme and subscribes to "The Property Ombudsman Code of Practice.
Property Type
Flats / Apartments
Property Style
Apartment
Parking
None
Floor Area
474
Tenure Type
Share Of Freehold
Council Tax Band
A
Sewerage
Mains Supply
Water
Mains

EPC 1
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