1 bed maisonette for sale

Regent Street, Dawlish EX7

Calling all Landlords! Tenant in Situ, with over 8.6% Yield! One Bedroom Maisonette in Dawlish with an open plan lounge/kitchen, a Shower room, Double Bedroom and a Boiler Room/Storage Area.

Description Calling all Landlords! Tenant in Situ, with over 8.6% Yield! One Bedroom Maisonette in Dawlish with an open plan lounge/kitchen, a Shower room, Double Bedroom and a Boiler Room/Storage Area.

Accessed via a communal entrance with a secure entry system, the apartment is reached by a staircase leading to a welcoming entrance hall.

The top floor features a bright and airy open-plan lounge and kitchen with vaulted ceilings and beech-effect laminate flooring, creating a stylish and inviting living space. The kitchen is fitted with cupboards, an oven, hob, and space for a refrigerator and additional storage, seamlessly blending functionality with comfort.

From the hallway, there is a double bedroom and a modern shower room, comprising a low-level WC, a wash basin set into a vanity unit, and a shower cubicle with an electric shower. Large double-glazed windows throughout the apartment ensure it is filled with natural light, enhancing the sense of space and warmth.

A boiler room just outside the apartment provides housing for the modern hot water system and offers extra storage. The property is offered as share of freehold, with annual maintenance charges of £900 covering building insurance and no ground rent, making it a cost-effective and low-maintenance home.

This delightful apartment is offered with no onward chain, presenting an excellent opportunity for first-time buyers or those seeking a convenient coastal retreat.

Tenant in situ is currently paying £650 pcm, with a yield of over 8.6%. The property is sold with tenants in situ, offering a convenient investment opportunity.

Material Information - Subject to Legal Verification

Tenure: Leasehold - 966 Years Remaining

Service Charge of £70 a month.

Council Tax Band: A

*Some Images Are For Illustrative Purposes Only, With Virtual Furnishings

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