Block of flats for sale in Hills View, Barnstaple EX32

£695,000 (£695,000/sq. ft)
Interested in this property? Call +44 1271 618961 * or Request Details

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Block of flats for sale 1 sq. ft*

Property description


In a most convenient location at Hillsview, a residential area of the town within a short 10 minute walk of the Barnstaple High Street. This property is located at the top of Hillsview in a cul-de-sac overlooking the green to the front and nearby neighbours. The rear of the property can also be accessed off the top of Ashleigh Road.

The property

A substantial Victorian semi-detached property tastefully modernised and arranged as 6 self-contained apartments all with fitted kitchens, gas fired radiator central heating and double glazing. The property also has valuable on site private parking for 7 vehicles.

The business

Operated as a residential investment with each apartment let out on a shorthold residential tenancy agreements at rents ranging from £545 up to £650 per calendar month but with scope for rent reviews on some.
Schedule of rents and accounts will be made available to interested parties who have inspected the property and expressed interest, subject to vendor approval. Current turnover in the region of £35,000 with scope to increase.

The proposal

Webbers Commercial have been instructed as sole selling agents to offer the property as a going concern and residential investment.
Alternatively there is scope to sell the apartments off individually subject to any planning and building regulations that may be required.

Agents note

All viewing strictly by appointment with the agents.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Webbers Commercial, EX31 on +44 1271 618961 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Webbers Commercial, and do not constitute property particulars. Please contact Webbers Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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