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The Mews Mill Street, Bideford £102,500

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    The Mews Mill Street
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  • PRIVATE COURTYARD DEVELOPMENT
  • IDEAL FOR FTB, RETIREMENT, OR BTL
  • QUIET TOWN CENTRE LOCATION
  • EASY WALKING TO AMENITIES
  • DOUBLE GLAZING THROUGHOUT
  • POTENTIAL 5.3% ANNUAL ROI

1 Bedroom first floor flat in a gated private development situated in Bideford Town Centre with access to all shops and amenities the town has to offer.

7 The Mews offers an excellent opportunity for a first time buyer, as a retirement option, or as a buy-to-let investment. Currently the property is tenanted and achieving an annual rental income of £5460, representing a ROI of 5.3% per annum based on the asking price of £102,500. The property also benefits from the remainder of a 999 year lease.

This is an excellent opportunity to acquire one of eight one-bedroom apartments situated in a quiet, private development to the rear of 48 Mill Street, Bideford. Internally the property has been finished to a high standard, with a modern kitchen, en-suite bathroom with shower over, and solid oak flooring and double glazing throughout. The property is accessed via a security gate on Mill Street and an intercom system for visitors. To the front of the property is a communal patio courtyard area. There is also a communal bin store.

Situated on the banks of the Torridge Estuary, the active port and market town of Bideford offers a wide range of national and local shopping, banking and recreational facilities together with its historic Pannier Market offering local fresh produce together with local art and craft stalls. Nearby villages include Northam, with its many amenities including Health and Dental Centre, Leisure Centre and its Burrows Country Park offering many attractive walks and stunning vistas, together with Appledore, famous for its pretty winding streets and Quayside overlooking the Estuary across to Instow, and Westward Ho! with its long sandy beaches and championship Golf Course. The national parks of Exmoor and Dartmoor are within easy reach and other local visitor attractions include the Tarka Trail being popular with cyclists and walkers alike, the Atlantic Village retail outlet, Clovelly and Hartland Quay. The A39 North Devon Link Road provides access to the regional centre of Barnstaple, approximately 9 miles distant, and beyond to the national motorway network.


Rooms

Hallway - 9' 10'' x 3' 3'' (3m x 1m)

Cupboard housing RCD and fuseboard. Electric heater. Smoke alarm. Oak flooring.

Kitchen - 7' 3'' x 9' 10'' (2.2m x 3m)

Matching wall and base units. Stainless steel sink and drainer with mixer tap. Integrated electric oven and hob with extractor over. Electric heater. Space for washing machine and fridge/freezer. Oak flooring.

Living Room - 8' 2'' x 16' 5'' (2.5m x 5m)

Telephone point. TV point. Double glazed window. Double glazed door to Juliette balcony. Electric heater. Oak flooring.

Bedroom - 9' 10'' x 12' 4'' (3m x 3.75m)

TV point. Double glazed window. Electric heater. Oak flooring.

En-suite - 6' 9'' x 5' 7'' (2.05m x 1.7m)

White three piece bathroom suite. Mixer shower over bath. Glass shower door. Privacy double glazed window. Extractor fan. Dimplex fan heater. Oak flooring.


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Nearby Places

Name Location Type Distance
The Mews Mill Street
Bideford EX39 2JR
County: Devon
Sale Type: For Sale
Ref #: 00001302
James Collyer
Collyers Estate Agents
 
  01271 377237