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Old Exeter Street, Chudleigh
Sold Subject to Contract

3 beds | 3 baths | 3 receptions | Guide price £250,000


  • 3 Self-Contained Apartments
  • Excellent Investment Opportunity
  • Each Apartment with 1 Bedroom
  • Currently Let on ASTs
  • Separate Gas Central Heating Systems
  • Town Centre Location
  • Virtual Tour/Online Viewings Available
  • Convenient for A38 Devon Expressway

An INVESTMENT OPPORTUNITY TO PURCHASE 3 SELF-CONTAINED APARTMENTS in Chudleigh town centre. All currently let on ASTs, the property comprises 3 1 bedroom apartments, each with 1 reception room, kitchen and bathroom. Virtual viewings also available.

AN EXCELLENT INVESTMENT OPPORTUNITY IN THE FORM OF 3 SELF-CONTAINED APARTMENTS WITHIN A MATURE AND UNIQUE BUILDING SITUATED IN THE HEART OF CHUDLEIGH TOWN CENTRE. Currently held on one freehold title, but with their own separate metered utilities and council tax, the apartments are all currently let on assures short hold tenancies with tenants having been in residence for extended periods. The current owner/landlord has not sought to increase rents for several years and at current levels are most competitive and there is much potential for increases.

Chudleigh is a pretty town offering a selection of shops and amenities which are virtually on the doorstep of the property and is also conveniently located for the A38 Devon Expressway around a mile away.

Accommodation:

Stepping inside, the ground floor apartment has its own external entrance door with the first and second floor apartments from a shared first floor landing; the top floor having its own internal staircase from the landing. All offering 1 bedroom, the top floor apartment is particularly roomy with a feature mezzanine bedroom area.

Agents Notes:
Current Rental Income:
Ground Floor Flat: £400 pcm
First Floor Flat: £400 pcm
Second Floor Flat: £385 pcm

Council Tax:
Ground Floor Flat: Currently Band A
First Floor Flat: Currently Band A
Second Floor Flat: Currently Band A

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