Located in the heart of Axminster this pair of two bedroom apartments, are in good order throughout and would make an ideal investment purchase. Read more
Located in the heart of Axminster this pair of two bedroom apartments, are in good order throughout and would make an ideal investment purchase.
This pair of Grade II listed apartments are situated in the popular East Devon market town of Axminster.Flat 2 is currently rented on a shorthold tenancy at £500 pcm. Flat 1 is currently vacant and was previously rented at £500 pcm, giving an overall potential gross returnof 5.4%.The apartments are also available separately at £115,000 and £120,000.The market town of Axminster is a busy market town in East Devon close to the border with West Dorset and Somerset.The popular seaside towns of Lyme Regis and Seaton are both about 6 miles distant and both Exeter(M5) and Taunton being about 24 miles distant.The town its self is well catered for with primary and secondary schools, two large supermarkets a range of independent shops, leisure centre, hospital and a main line railway station.
The accommodation with approximate measurements, comprises:
UPVC door into communal lobby with stairs rising to both apartments.
Front Door into:
Entry phone. Doors into:
Kitchen: 10' 2'' x 4' 9'' (3.10m x 1.45m) Window to the rear.Fitted with a range of wall and floor mounted units. Laminate work tops with inset sink and drainer with ceramic tiled splash backs. Electric hob with cooker hood above.Electric oven.Space and plumbing for washing machine.Appliance space for fridge/freezer.Spot lights.
Sitting room: 13' 11'' x 13' 9'' (4.24m x 4.19m) Window to front. Feature fireplace.
Bedroom one: 14' 7'' x 13' 7'' (4.44m x 4.14m) Window to rear with views over countryside.
Bedroom two: 9' 4'' x 7' 1'' (2.84m x 2.16m) Window to rear with views.
Suite comprising: Bath, WC and hand basin.
Front door into:
Entry phone.Doors to:
Living room/Kitchen: 15' 4'' x 13' 9'' (4.67m x 4.19m) Window to front.Feature fireplace.Matching wall and floor mounted units with laminate work surfaces.Inset sink and drainer.Integral electric hob and oven. Space and plumbing for a washing machine.Appliance space for fridge/freezer.
Bedroom two: 14' 5'' x 6' 9'' (4.39m x 2.06m) Window to rear.
Bedroom one: 10' 7'' x 9' 9'' (3.22m x 2.97m) Window to rear.
Bathroom: 6' 8'' x 5' 6'' (2.03m x 1.68m) White suite comprising: Bath with folding glass side screen. WC. and wash basin.
East Devon District Council.We are advised that the properties are both tax band A.
Mains water, drainage and electricity. Night storage heating.
The flats are both Leasehold with 984 years remaining on the lease.Flat 1 & 2Maintenance & service charge £137.00 pa (per flat)Flat 1 & 2 Management charge150.00 pa (per flat)They are both liable for £50 pa ground rent.Flat 1 EPC band D.Flat 2 EPC band C.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate, photographs and floorplans are provided for guidance only.