Flat for sale in Drake House, Church Street, Sidford EX10

Offered end of chain - This first floor apartment has been modernised throughout and offers spacious accommodation with the additional benefit of a garage and parking.

Entrance & Living Room

Welcome to this modernised first-floor apartment, accessed through a communal entrance hallway with staircase leading to your private apartment. Upon entering through the front door, you are welcomed into a light filled hallway that guides you to all of the principal rooms.

Kitchen

The newly fitted kitchen boasts a contemporary design, featuring modern wall and base units complemented by granite-effect laminate worktops and splashbacks. Equipped with built-in oven and hob, complete with an extractor hood, and adorned with newly laid wood-effect flooring.

Bedrooms

The two double bedrooms each offer a tranquil retreat, featuring built-in wardrobes with mirrored doors and delightful rear views.

Shower Room

The fully tiled shower room is elegantly appointed with a shower, basin, and WC, providing a luxurious space for relaxation.

Summary

Enhancing comfort and efficiency, the property is equipped with UPVC double-glazed windows and gas central heating. Recently redecorated, with new carpets throughout, this residence exudes a fresh and contemporary ambiance.

Outside

There is a lock up garage in a block and communal garden space to the rear. Parking is permitted in front of your garage.

Tenure

The property is held on a 999 year lease commencing in 1979. The owner also owns a 25% share in the freehold via the resident's company, Drake House Residents Association Ltd. There is a £100pcm service charge and the insurance is divided proportionally. The latest insurance cost, for this apartment was £224.00

Long term and holiday letting is permitted. There are no pet restrictions

Important Information

All mains services are connected. East Devon District Council Tax Band B

Investor Advice

In our opinion a rental income of £895pcm could be comfortably achieved for this property. There is scope to split the garage and apartment to create a higher yield