This investment opportunity is a first-floor, one-bedroom apartment in a town house in the popular Pilton area of Barnstaple, North Devon. The property is one of four similar apartments, with the owner's accommodation also on site. The apartment has a shared car parking area and rear courtyard, with a flight of steps leading up to the building. The interior features a living room, kitchen, bedroom, bathroom, and utility room. The property is currently let on a shorthold tenancy with a rent of £575 per month, paid to a local letting agent. The property is leasehold with a 999-year lease, and the ground rent and service charge are £50 per annum and £111 per month, respectively. The apartment is conveniently located near local shops, North Devon District Hospital, and the Tarka Trail cycle path, and is within easy reach of the A361 road and the North Devon coastline.