£89,950
(£190/sq. ft)
1 bed flat for saleStation Road, Okehampton, Devon EX20
1 bed
1 bath
1 reception
474 sq. ft
EPC Rating: E
Added on
Miller Town & Country - Okehampton
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About this property
Investment opportunity with tenant in situ
Shower Room
Approx Gross Yield of 9.67% on current rent
Communal outside seating area
One bedroom top floor flat
Share of freehold and long lease
Living Room and open plan Kitchen
No upward chain
Double Bedroom
Easy walking to town facilities
Station Road, Okehampton Ex20
This well-presented one bedroom flat is located close to all the towns facilities and is offered for sale as an investment opportunity with a tenant in situ. Located in an historic house comprising five flats close to the town centre it is close to the local park and town facilities and all supermarkets. It is accessed via a communal hallway towards the rear of the building. The flat entrance is on the first floor giving access to a store room and stairs to the second floor (top floor) landing. The flat offers an open plan Living Room and Kitchen with a cooker and electric hob, double glazing and electric heating. There is a separate double bedroom with an en-suite shower room.
The flat is currently tenanted with a gross rental yield of approx 9.67% and is offered as an investment opportunity primarily in a sought after area. It enjoys an equal share of the freehold and benefits from a long lease (999 years from 2008).
To the rear of the property is a communal gravelled garden.
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More information
Tenure
Share of freehold
Service charge
£500 per year
Council tax band
A
Commonhold details