1 bed flat for sale

Mill Road, Okehampton EX20

Description

Constructed in circa 2016 this attractive apartment block is conveniently situated for town living where the town's amenities are withing walking distance. Located on the first floor with intercom system for access, the internal accommodation offers an open plan living/kitchen area, a double bedroom and modern bathroom suite. Fully double glazed and benefiting gas central heating. The property was originally purchased for investment purpose and is actively set up with tenant in situ. EPC rating: B.

Council Tax Band: A (West Devon Borough Council)
Tenure: Leasehold (115 years)

Location

The market Town of Okehampton nestles on the Northern fringes of the Dartmoor National Park and offers and wide range of local and national shops to include a Waitrose and a Victorian shopping arcade. For those keen on sport there are numerous sports clubs and facilities that include two gyms, leisure centre, football, rugby and golf clubs. The Cathedral City of Exeter is less than 30 minutes away by car. For an appointment to view this property contact the office on .

Open Plan Living Space (5.0m x 4.3m)

Kitchen

Bedroom 1 (3.3m x 3.1m)

Bathroom (2.4m x 1.7m)

Agents Note

For investors, based on a purchase price of £115.000 and a rental figure of £500 per calendar month, the rental yield is approximately 5.22%

Material Information

Leasehold:
Lease start date 20/10/2016
Lease end date 21/01/41
Lease Term 125 years from January 2016
Service Charge: Currently set at £132.00 Every Six Months
Mobile: EE, O2 likely (ofcom)
Broadband: Standard to Ultrafast likely (ofcom)