£295,000

Property for sale

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Freehold

£295,000

Property for sale

Marine Place, Ilfracombe EX34

Local 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.

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 would benefit from minor 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)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Turners Property Centre. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Turners Property Centre for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. North Devon
  5. Ilfracombe
  6. Marine Place

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