Guide price
£1,500,000
Block of flats for saleTaw Vale, Barnstaple EX32
About this property
Investors Only - Freehold Block of Nine Apartments
5.99% Gross Yield at Guide Price
Fully Let - 100% Occupied
7x 1-Bedroom & 2x 2-Bedroom Apartments
Grade II Listed Townhouses Overlooking the River Taw
Comprehensively Refurbished Throughout
New Kitchens & Bathrooms to Every Apartment
Balconies, Private Courtyards & Two Parking Spaces
Separate Titles - Hold, Refinance or Break Up
A rare freehold investment on Taw Vale, the riverside terrace in the oldest part of Barnstaple. Two adjoining Grade II listed townhouses, arranged as nine self-contained apartments and offered as a single lot. Offers invited.
Both buildings have been refurbished throughout, with new kitchens and new bathrooms to one consistent specification across all nine apartments and the communal areas finished to match.
All nine are let - one hundred per cent occupied, income producing from day one, with scope to grow the rent roll over time.
We are advised that separate titles are in place for each apartment, so the block can be held whole, refinanced unit by unit, or broken up in due course.
**Enquire for the full investment particulars.**
Viewings strictly by appointment through Wellington & Partners. All apartments are occupied - please do not approach the property or its tenants.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Buyers Fee Applies
5. Services: Please note we have not tested the services or any of the equipment or appliances in this property and so accordingly we strongly advise prospective buyers to commission their own survey or service reports before then finalising their offer to purchase.
6. Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Wellington & Partners nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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£7,503 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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