Property Ref: 000788 - Meadfoot Lane

  • 1 Bathrooms

  • Electric

    A bright, spacious, versatile, quirky and appealing 2 bedroom first and second floor flat within a Grade II Listed Building and only a short walk to Torquay harbourside. The flat is accessed from the communal ground floor building door with a private staircase leading to the first & second floor accommodation. There are only two flats in the building. Offered in neutral décor the property is just waiting for a new owner to personalise. This property would suit a variety of purchasers, first time buyers, second home holiday buyers, those buying for holiday and Airbnb rentals or your straightforward Buy to Let investors as we would expect to let the property for circa £700 per calendar month offering a sensible gross yield of 6.46%.

    THE ACCOMMODATION WITH APPROXIMATE MEASUREMENTS:

    GROUND FLOOR ENTRANCE & HALLWAY
    Main front door opening onto small communal lobby, flat front door to private small entrance hall with area to hang coats, staircase to first floor landing.

    FIRST FLOOR LANDING
    Floor level built in double cupboard, electric heater, access to good size loft space, power point.

    LOUNGE
    17'3 x 8'10 Two wooden sash windows, electric heater, TV aerial point, power points.

    KITCHEN
    12'0 x 10'0 Range of wood effect wall and floor units, matching granite effect work surfaces, stainless steel sink unit, space for cooker, space and plumbing for washing machine, recess for full height fridge/freezer, electric heater, extractor fan, window overlooking ground floor flat's garden, power points, vinyl flooring, door to lobby and further door to bathroom.

    BATHROOM/WC
    White suite comprising panelled bath, electric shower over, pedestal wash hand basin, low level WC, heated towel rail, extractor fan, fully tiled walls, light/shaver point, vinyl flooring.

    BEDROOM 1
    12'11 x 10'11 Wooden sash window, electric heater, power points.

    STAIRS TO SECOND FLOOR
    Staircase to second floor with open entrance to:

    BEDROOM 2
    An initial room measuring 9'2 x 5'4 with small UPVC window and power point, then door to another room measuring 10'2 x 4'6 with electric heater and small window, further door to:

    CLOAKROOM
    White suite comprising pedestal wash hand basin and low level WC, extractor fan, vinyl flooring and door to eaves storage where hot water tank can be found.

    PARKING
    Ample on road permit parking, we understand a permit can be purchased fro Torbay Council for £30 per year but please check for accuracy.

    LEASE
    999 years from 31st August 2007 so 987 years left unexpired.

    MAINTENANCE
    The two flat owners share any necessary maintenance on a 50/50 split as and when required.

    COUNCIL TAX BAND A Believed to be £1201.23 per annum for 2019/20

    PRICE £129,950 - Long Lease & Share of Freehold.


    AGENTS NOTE
    An Energy Performance Certificate is not required as this is a Grade II Listed Building.

    £129,950

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    Haarer & Motts
    165 St Marychurch Road
    Torquay
    Devon
    TQ1 3HP

    Tel: 01803 322557
    Fax: 01803 322488

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