Block of apartments for sale

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Block of apartments for sale

High Street, Ilfracombe EX34
£420,000

Our Summary

  • • Mortgage buyers and cash buyers compete on equal terms

Description

The opa is presenting a fantastic opportunity to acquire a freehold investment property generating rental income of £38,100 per annum, located on the High Street of the holiday resort of Ilfracombe, Devon. The property comprises of 6 self-contained flats (5 x 1-bedrooms, 1 x 2-bedroom) and a ground floor retail shop sold on a 125-year leasehold from 25th April 2014. The flats are let on ASTs and are generating a rental income of £38,100. The property is unoccupied for many years, and viewings will be limited and access may be restricted. The opa's "Secure It Now Exclusivity Package" offers a secure and straightforward way to purchase the property, with benefits including exclusive rights to purchase the property within a given timeframe, avoiding the risk of gazumping and wasting time.
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