This investment opportunity is a first-floor 1-bedroom apartment in a townhouse in the popular Pilton area of Barnstaple. The property is one of four similar apartments, with the owner's accommodation also on the premises. The apartment is easily accessible from the rear via a shared car parking area and courtyard, and features a living room, kitchen, bedroom, bathroom, and utility room. The property is currently let on a shorthold tenancy, with a current rent of £575 per month, paid to a local letting agent. The lease is 999 years, with a ground rent of £50 per annum and a service charge of £111 per month. The property's location is convenient for local shops, North Devon District Hospital, and the A361 road, making it an attractive investment opportunity for those looking for a steady income stream.