Description
A superb investment opportunity in this thriving coastal town with this substantial house converted to seven apartments with an annual income of £49,000 per annum - NO CHAIN

This substantial property has been well maintained and refurbished in recent years to provide an instant income with seven apartments, all occupied by good reliable tenants that have all been professionally referenced and qualified by Redferns Estate and Letting Agents. The property is situated in a desirable town and has a staggering 3008 square feet of accommodation thoughtfully divided into seven light and airy apartments. There are four ground-floor apartments with three having direct access to the fully enclosed garden and two first-floor apartments, along with a maisonette. All benefit from a modern and efficient electric heating and uPVC double glazing throughout.

To the front of the property is off-road parking for six vehicles and there are patio areas for residents to enjoy outdoor dining / entertaining in the summer months. The rear garden has an expanse of lawn with well-stocked flowerbeds.

This is a wonderful opportunity to provide well-equipped, light and airy home whilst generating a return of just over 6.5%.

Seaton is part of the world-renowned Jurassic Coast, with a mile-long beach, picturesque streets and a range of facilities including a supermarket, Post Office, doctors surgery, restaurants, inns, independent shops and the Jurassic Coast Visitor Centre. Colyton Grammar School is located just 1 mile away. The nearby historic fishing villages of Beer and Branscombe are nestled in the hills between Seaton and Sidmouth, whilst the picturesque Dorset town of Lyme Regis, with its famous Cobb, is within easy reach.

DIRECTIONS What3words///splints.boots.trickled

SERVICES We understand all mains services are connected except gas (available in the road)

OUTGOINGS Council tax band A for all apartments paid by the tenants

MOBILE AND BROADBAND COVERAGE Broadband is connected to this property, for specific checks, please use this link checker.ofcom.org.uk

AGENTS NOTE Data protection act of 2017. We are now required to obtain proof of ID and proof of residence for any prospective purchaser before formally agreeing a sale. Photographic identification such as passport or driving licence, proof of residence, utility bill, council tax or official Inland Revenue correspondence

IMPORTANT NOTICE 1. Every care is taken in preparing these particulars but they do not constitute nor constitute any part of an offer or a contract. They are prepared in good faith but they are for guidance only and intended to give a fair description of the property. 2. Statements contained in these particulars are not to be relied on as statements or representations of fact and are made without responsibility on the part of the agents or vendor. An intending purchaser must satisfy themselves by inspection or otherwise as to the correctness of each statement. The vendor does not make or give and neither the agents or their employees have authority to make or give any representation or warranty in relation to the property or its use. 3. Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These must be verified by any intending purchaser. 4. All properties are offered subject to contract and being unsold. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting any property which has been sold, let or withdrawn.5. The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 6. Descriptions of a property are inevitably subjective but we endeavour to make our particulars accurate. If there are any points of particular importance please contact us before viewing and we will be pleased to check or clarify information.

Redferns is a trading name of Redferns Ottery St Mary Limited Registered in England and Wales 4817078

Registered Office 8 Mill Street, Ottery St Mary, Devon EX11 1AD

Viewing
Please contact us on 01395 512544 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.

Disclaimer
Redferns - EX11 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.