1 bed flat for sale

Oxford Grove, Ilfracombe EX34

This Property is Being sold by tauk Modern Method Auction.

Modern Method Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.

A fantastic opportunity for investors: This well-proportioned, one-bedroom flat is an excellent investment opportunity, perfectly suited for a buy-to-let landlord seeking a good return. Situated in a popular and convenient location, the property is just a short stroll from Ilfracombe's High Street and picturesque harbour.

Key Features:

• 1 Bedroom Flat: A spacious one-bedroom layout, ideal for a single occupant or couple.

• Long Lease Remaining: The property benefits from a lengthy lease with an impressive 964 years remaining.

• Investor's Dream: The property is being sold with an absentee freeholder. While this can present challenges for some buyers, it offers a unique and potentially lucrative opportunity for an investor. With the freeholder being absent, the property presents a distinct advantage for a seasoned landlord/investor who understands the implications and potential for high returns.

Location:

Ilfracombe is a charming coastal town in North Devon, known for its scenic harbour, rugged coastline, and stunning views. The property is well-located for access to local amenities, including shops, restaurants, and transport links.

Disclaimer:

Interested parties are advised to review the legal pack before bidding. This contains important information regarding the property's lease, ground rent, and the absentee freeholder status. Due to the absentee freeholder, this property may not be suitable for all mortgage lenders. Prospective buyers are encouraged to seek professional advice.

Link To Buyers Information: