£130,000
2 bed flat for saleAtlantic Court, Northfield Road, Ilfracombe, Devon EX34
2 beds
1 bath
1 reception
EPC Rating: C
About this property
Tenanted Investment Opportunity
Two Bedroom Apartment
Purpose Built Development
One Bathroom
Popular Coastal Location
Close To Ilfracombe Town Centre
Easy Access To Local Amenities
Near the North Devon Coastline
An excellent opportunity to acquire this fantastic two bedroom apartment within the purpose built Atlantic Court development, situated on Northfield Road in the popular North Devon coastal town of Ilfracombe. The property provides well proportioned accommodation comprising two bedrooms, one bathroom and one reception room. The purpose built development provides a convenient residential setting, while the property's location allows easy access to the amenities, coastline and attractions for which Ilfracombe is renowned.
Ilfracombe is a popular and well established coastal town on the North Devon coast, famous for its picturesque harbour, dramatic coastline and attractive combination of traditional streets, independent shops, cafés, restaurants and leisure facilities. The town provides excellent access to coastal walks, beaches and the wider North Devon countryside, with Ilfracombe Harbour and the seafront forming major focal points for both residents and visitors.
The town is also benefiting from ongoing regeneration and investment, with the Ilfracombe Regeneration Board overseeing projects designed to improve the town's prosperity, environment and overall wellbeing. Regeneration priorities include improvements to the town centre and harbour, housing, economic development and initiatives designed to encourage further private-sector investment. Wider investment across Devon and North Devon includes housing and regeneration schemes aimed at bringing underused buildings back into productive use, alongside projects associated with Ilfracombe Harbour, South Quay, harbour infrastructure, watersports facilities, Larkstone Cove and the Ilfracombe Healthy Homes programme.
Financial Breakdown
Gross Rent: £9,000.00
Net income: £7,368.00
Gross yield: 6.92%
Net yield: 5.67%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08624
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Leasehold (95 years)
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