Ms Melluish, Devon
Having never sold a property I needed a great deal of help. Fulfords have been incredible putting my mind at ease throughout the process.
This property's price has dropped from £170,000 to Offers in excess of £150,000.
This is a great opportunity to buy home and income, or two investment properties. The property has been split into two flats and the current owner is renting them both out. The ground floor flat gets 480 per calendar month, and the first floor gets 460 per calendar month. This an annual income of 11,280 and brings in a yield of 6.4% Both flats are in good condition with recently fitted new kitchens. This in an excellent area for tenants with parks close by, level walking distance to town, close to pubs and shops.
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Flat One - is currently rented at £480. Per calendar month. Entrance through the double glazed front door into hallway, lounge with newly fitted carpets and double glazed window to the front, recently fitted modern high gloss kitchen units with integral oven and hob, shower room, double bedroom with double glazed window to the rear.
Flat two is currently rented at £460. Per calendar month. This first floor flat has own entrance to the rear of the property with own courtyard area. There is space and plumbing for a washing machine on Ground Floor level in the entrance hallway. Lounge with double glazed window to the front, newly fitted kitchen units with space for appliances, bedroom to the rear with double glazed window, and shower room with separate WC.
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