The Old Bank is a hidden gem set just off Teignmouth high street and within a few minutes' walk of the beautiful seafront. This two-bedroom property has been thoughtfully designed to create a truly unique home with a contemporary high-specification finish. What makes the property one-of-a-kind is its impressive roof garden; ideal for enjoying a G&T in the summer months.
The modern oak and glazed entrance door opens to the hall which has plentiful space for coats and shoes. The first floor comprises two double bedrooms, one of which is the master suite. The master leads to a dressing area with built-in wardrobes and on further to the modern ensuite shower room with the added luxury of a drench shower and full-height ceramic tiling. The main bathroom is equally well appointed with modern sanitaryware, bath with overhead shower and full-height tiling. The first floor also houses the laundry store for a washer/dryer- to cleverly free up space in the kitchen area and minimise noise in the open plan kitchen.
Upstairs to the second floor, the open plan space accommodates the contemporary high-gloss, handle-less kitchen fully fitted with Bosch appliances. The kitchen extends back in to the space to create a breakfast bar which divides the kitchen and dining area perfectly. The living space stretches the length of the property which has been planned to allow for the use of the space to be flexible to its new owners- with numerous power points and two TV points as well as an obvious study space for those who work from home.
The living space leads to the private sun terrace and roof gardens which extends to more than 12 meters. The garden has been finished with low-maintenance composite decking and artificial lawn to the remaining area. As there are few other properties with outside space in the vicinity, the space is private and enclosed.
Throughout, the property has been completed to create a high quality home that's ready to move in to. There are oak internal doors throughout, floor coverings including engineered oak to the living area and brushed steel power plates with usb outputs to a number of the rooms.
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Peaceofmind: All of the appliances and boiler will come with the manufacturers' standard warranties and the property also benefits from a CML approved architect certificate.
Tenure: Due to the nature of the roof garden, which stretches over the ground floor office space, this property is considered leasehold. The property will be sold with a 999 year lease with a peppercorn ground rent of £125pa to allow the property to be enjoyed as close as possible to a freehold.
Parking: The sellers will cover the cost of a parking permit which will be valid for 12 months and allows parking in all of the car parks in Teignmouth, the closest being Brunswick Street only 200 metres away. It's also worthwhile noting that parking on the sea front & in the town centre itself is free after 6pm every day.
InvestmentandHolidayletting: This property will no-doubt be considered by investors. Our lettings department have carried out an assessment of the potential income on the basis of a longer term Assured Shorthold Tenancy. In addition, we have invited Bluechip Holidays to offer their appraisal of the potential income this property would yield through holiday letting. Please speak with our team to find out more about the yield you could expect.
Agentsnotes: Please be aware that the property is currently owned by the Directors of Complete and is being sold on behalf of Complete Estate Agents further to recently purchasing the neighbouring office premises and refurbishing this property for sale.
Property descriptions and related information displayed on this page are marketing materials provided by Complete. 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 Complete for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.