2 bedroom apartment for sale

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2 bedroom apartment for sale

Oxford Grove, Ilfracombe, North Devon, EX34
£120,000

Our Summary

  • This property is being sold as an investment opportunity by the vendors with the current tenant being kept in situ

Description

A 2 bedroom flat in Ilfracombe, North Devon is being sold as an investment property with a current tenant in situ, providing a gross yield of 7% p.a. The property is situated on the first floor and benefits from double glazing and gas heating, with great coastal views from the living room. The property is Council Tax Band 'A', with all main services connected and standard broadband available at 19 Mbps and superfast at 80 Mbps. The lease remaining is circa 983 years with no restrictions, and the current maintenance charge is £50 per month. The town of Ilfracombe offers a variety of shops, art galleries, restaurants, and bars, as well as a picturesque seafront and harbour area with a statue by Damien Hirst. North Devon is known for its beautiful golden sand beaches and has recently been declared a 'world surfing reserve', making it a popular destination for surfers. The property is being sold by Andrew Carr Sales and Nicola Draper Lettings, who are happy to provide advice on selling or buying a property in the area.
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