2 bed flat for sale

Drake House, Church Street, Sidford EX10

Offered end of chain - This first floor apartment has been modernised throughout and offers spacious accommodation with the additional benefit of a garage and parking..

Entrance & Living Room

Welcome to this modernised first-floor apartment, accessed through a communal entrance hallway with staircase leading to your private apartment. Upon entering through the front door, you are welcomed into a light filled hallway that guides you to all of the principal rooms.

Kitchen

The newly fitted kitchen boasts a contemporary design, featuring modern wall and base units complemented by granite-effect laminate worktops and splashbacks. Equipped with built-in oven and hob, complete with an extractor hood, and adorned with newly laid wood-effect flooring.

Bedrooms

The two double bedrooms each offer a tranquil retreat, featuring built-in wardrobes with mirrored doors and delightful rear views.

Shower Room

The fully tiled shower room is elegantly appointed with a shower, basin, and WC, providing a luxurious space for relaxation.

Summary

Enhancing comfort and efficiency, the property is equipped with UPVC double-glazed windows and gas central heating. Recently redecorated, with new carpets throughout, this residence exudes a fresh and contemporary ambiance.

Outside

There is a lock up garage in a block and communal garden space to the rear. Parking is permitted in front of your garage.

Material Information

The property is held on a 999 year lease commencing in 1979. The owner also owns a 25% share in the freehold via the resident's company, Drake House Residents Association Ltd. There is a £100pcm service charge and the insurance is divided proportionally. The latest insurance cost, for this apartment was £224.00. Long term and holiday letting is permitted. There are no pet restrictions. All mains services are connected. East Devon District Council Tax Band B. Brick construction. Superfast broadband is available with speeds of up to 80mbps. Mobile phone network providers with availability are EE, Three, O2, Vodafone

Investor Advice

In our opinion a rental income of £895pcm could be comfortably achieved for this property. There is scope to split the garage and apartment to create a higher yield