Property photos
Freehold
£295,000
Property for sale
Marine Place, Ilfracombe EX34Local area information
Property location
Nearby amenities
- Ilfracombe Church of England Junior School 0.2 miles
- Ilfracombe Infant and Nursery School 0.3 miles
- Ilfracombe Ferry Landing 0.4 miles
- Barnstaple 9.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ilfracombe to find out more about the local area.
Features and description
- Freehold
- A fantastic investment opportunity
- Detached property comprising of 4 flats
- Exceptional sea views
- Additional detached double garage
- Annual income exceeding £23,000
- Private garden with the lower flat
3 Marine Place is a detached property comprising of 4 flats. Tucked away behind Ilfracombe's High Street. The property benefits from coastal and sea views from its side and rear elevation while maintaining a central location close to all local amenities.
The property is broken down into 2 spacious one bedroom flats, and 2 two bedroom flats. Each commanding its own floor, with the lower ground floor flat benefiting from its own private garden and entrance. The property also comes with a detached double garage.
The flats are currently tenanted on Assured Shorthold Tenancies with a combined annual rental income of £22,800 with the potential for increased income.
The property requires renovation and represents a fantastic investment opportunity or as great addition to a current 'buy to let' property portfolio.
Lower Ground Floor Flat
A one bedroom flat with private access and enclosed private garden. The property consists of a spacious open plan living space, galley kitchen, double bedroom and bathroom. Currently achieving £440 per calendar month.
Flat 1
A ground floor one bedroom flat with sea views, a small balcony (in need of refurbishment) and comprising of a large lounge, dual aspect kitchen, double bedroom and shower room. Currently achieving £410 per calendar month.
Flat 2
A first floor two double bedroom flat with sea views and further comprising of a lounge, kitchen with dining space and spacious bathroom. Currently achieving £525 per calendar month.
Flat 3
A second floor (top) two double bedroom flat with exceptional sea views and further comprising of a lounge, kitchen and bathroom. Currently achieving £525 per calendar month.
The property is broken down into 2 spacious one bedroom flats, and 2 two bedroom flats. Each commanding its own floor, with the lower ground floor flat benefiting from its own private garden and entrance. The property also comes with a detached double garage.
The flats are currently tenanted on Assured Shorthold Tenancies with a combined annual rental income of £22,800 with the potential for increased income.
The property requires renovation and represents a fantastic investment opportunity or as great addition to a current 'buy to let' property portfolio.
Lower Ground Floor Flat
A one bedroom flat with private access and enclosed private garden. The property consists of a spacious open plan living space, galley kitchen, double bedroom and bathroom. Currently achieving £440 per calendar month.
Flat 1
A ground floor one bedroom flat with sea views, a small balcony (in need of refurbishment) and comprising of a large lounge, dual aspect kitchen, double bedroom and shower room. Currently achieving £410 per calendar month.
Flat 2
A first floor two double bedroom flat with sea views and further comprising of a lounge, kitchen with dining space and spacious bathroom. Currently achieving £525 per calendar month.
Flat 3
A second floor (top) two double bedroom flat with exceptional sea views and further comprising of a lounge, kitchen and bathroom. Currently achieving £525 per calendar month.
Floor plans and tours
Floor plans (1)
More information
Listed by
Turners Property Centre
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