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£200,000

Ferncloud House, EX31

  • 0 beds
Flat

£200,000

  • 0 beds
Flat
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Estimate monthly mortgage payment:

£913 per month

Minimum deposit amount:

£10,000
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Council tax band: A.

****INVESTMENT OPPORTUNITY****

An excellent opportunity to purchase 2 flats in the heart of Fremington. Flat 1 has 2 bedrooms, lounge, kitchen. and bathroom. Flat 2 has 1 bedroom, lounge, kitchen and bathroom. There is a rooftop terrace outside of the flats with two lockable stores. This roof area has been used by tenants over the years for sitting outside,etc.

Tenants are in situ and paying a total of £12,960 a year in rent.  

The village of Fremington is some 4 miles from Barnstaple and offers a range local amenities that include a Post Office, Medical Centre, Primary school, convenience store, two popular pubs, and a Chinese restaurant/takeaway. Close by is Fremington Quay which provides you access to the Tarka Trail and fronts the River Taw, there is also a lovely cafe. The coastal village of Instow with its sandy beach is just a short drive away. This property is a short walk to the bus service.




Property additional info

BEDROOM 1: 4.16m x 3.58m (13.65ft x 11.75ft)
Radiator. Fitted carpet.

BEDROOM 2: 4.14m x 3.17m (13.58ft x 10.40ft)
Radiator. Fitted carpet.

BATHROOM:
3 piece white colour suite comprising panelled bath. Low level Wc. Wash hand basin. Radiator. Vinyl floor covering.

FLAT 2

ENTRANCE HALL:
UPVC double glazed front door off. Airing cupboard housing factory lagged cylinder. Access to loft space.

LOUNGE: 4.50m x 2.80m (14.76ft x 9.19ft)
Double radiator.

KITCHEN/DINER: 4.80m x 2.90m (15.75ft x 9.51ft)
Inset single drainer, stainless steel top sink unit with cupboards and space below with plumbing for washing machine. Working surface with drawers and cupboards below. Further working surface with drawers and cupboards below. Island unit. Double wall unit. Gas/electric cooker points. Double radiator.

BEDROOM: 4.10m x 1.90m (13.45ft x 6.23ft)
Built-in wardrobe. Double radiator.

BATHROOM:
Panelled bath with tiled area., Gainsborough Style 400 shower unit. Pedestal hand basin. Low level W.C Extractor unit. Radiator.

OUTSIDE:
There is a terraced roof area directly outside of the flats which has been used by tenants over the years. There are also two rooftop storage cupboards

SERVICES:
Mains water, electricity, gas & drainage are connected to both flats.

COUNCIL TAX:
Flat1 1 - BAND AFlat 2 - Band A

EPC :
Flat 1 - EPC Rating DFlat 2 - EPC Rating D

TENURE:
The flats if offered individually will be sold with the benefit of new 999 year leases. If sold as a whole to an investment buyer this option may not be needed.

VIEWINGS:
By appointment through Woolliams Property Services Telephone: Office Hours 01271 328586 Out of Office Hours: 07977 269098

USEFUL INFORMATION:
To find out further useful information on this property such as bin collection days, whether this is a conservation area, planning history etc why not check the North Devon Council website: www.northdevon.gov.uk/my-neighbourhood

DIRECTIONS:
www.what3words.com /// LOOM.FORCES.SWIMMER

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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