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Lawn Place, Ilfracombe £295,000

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  • An ideal buy to let investment block
  • Currently commanding £17700 per annum in rental income
  • Secluded location with exceptional views
  • Communal gardens
  • Easy access to the waterfront and High Street
  • Long term tenants in situ

An exciting opportunity to purchase this block of three apartments, set in a secluded location close to Ilfracombe Harbour. The block comprises of a three bedroom apartment, as well as two, one bedroom apartments on the ground floor. The three apartments are all situated on the ground floor and first floor, the upper floor is privately owned. All with long term tenants in situ, this property really does pose a excellent opportunity for an investor looking for an immediate return. The current rental income on all three dwelling provides a 6% return.


Maisonette - Dining Room

10' 3'' x 9' 11'' (3.12m x 3.02m)

Entering via the front door, the dining room has ample space for table and chairs. The uPVC window looks over the garden and towards the harbour.

Maisonette - Kitchen

10' 0'' x 9' 1'' (3.06m x 2.78m)

A spacious kitchen with a combination of wall and base level units. The room features an integrated cooker and hob unit, extractor fan and tiled flooring and partially tiled walls.

Maisonette - Living Room

11' 1'' x 13' 8'' (3.39m x 4.16m)

A good sized family living room, with exceptional views over the harbour and communal gardens. The room benefits from uPVC double glazed windows, carpeting throughout and wall mounted radiator.

Maisonette - Master Bedroom

10' 10'' x 13' 11'' (3.3m x 4.23m)

A good sized double bedroom with ample space for storage and associated furniture. Also featuring wall mounted radiator and carpeting throughout.

Maisonette - Bedroom 2

12' 9'' x 9' 11'' (3.89m x 3.02m)

A large double bedroom with access to the small sun terrace via the uPVC doors. The room features carpeting throughout and a wall mounted radiator.

Maisonette - Bathroom

7' 1'' x 9' 11'' (2.17m x 3.01m)

A large family bathroom, in need of some modernisation. The room has a paneled bathtub with wall mounted shower unit, porcelain hand basin, tiled flooring and WC.

Maisonette - Bedroom 3

7' 4'' x 10' 8'' (2.24m x 3.26m)

The third bedroom has space for a single bed or bunk beds as it is currently being utilised.

Flat 1 - Living Room

13' 5'' x 10' 1'' (4.08m x 3.08m)

The living space has recently been painted has access out to the small sun terrace area. Adequate space for all associated living room furniture, with direct access to all other rooms in the apartment.

Flat 1 - Kitchen

7' 2'' x 7' 9'' (2.18m x 2.35m)

A recently renovated kitchen featuring new base and eye level units, partial tiling on the walls, uPVC window for natural light and roll top work surfaces.

Flat 1 - Terrace

7' 2'' x 7' 9'' (2.18m x 2.35m)

A small enclosed terrace situated off the living room.

Flat 1 - Bathroom

8' 0'' x 4' 10'' (2.44m x 1.48m)

The bathroom comprises a paneled bathtub with wall mounted shower unit, WC, hand basin and floor and wall tiling.

Flat 1 - Master Bedroom

13' 0'' x 8' 0'' (3.95m x 2.44m)

A spacious double bedroom with wall mounted radiator, large uPVC double glazed window and new carpeting throughout.

Flat 2 - Living Room

16' 2'' x 10' 0'' (4.94m x 3.05m)

Another spacious living area with access to the small sun terrace area. The room allows direct access to all other rooms in the apartment. Tiling throughout with ample space for all furniture and storage.

Flat 2 - Kitchen

8' 10'' x 9' 0'' (2.7m x 2.74m)

Very similar to the kitchen in Flat 1. Partial tiling on the walls. The room also benefits from an integrated hob, oven and extractor fan.

Flat 2 - Terrace (Approximately)

8' 2'' x 8' 2'' (2.5m x 2.5m)

Situated off the living room and accessed via the uPVC double doors.

Flat 2 - Bathroom

9' 8'' x 5' 3'' (2.95m x 1.6m)

The bathroom comprises a paneled bathtub with wall mounted shower unit, WC, hand basin and floor and wall tiling.

Flat 2 - Master Bedroom

12' 5'' x 8' 6'' (3.79m x 2.58m)

A good sized double bedroom with a sunny outlook over the communal gardens and towards the harbour. Ample space for all furniture and additional storage.

Directions

From our office proceed along the High Street towards the harbour. As the street splits keep right on to Portland Street. The property is only accessible on foot. On Portland Street on your left hand side is a sign for Rupertswood Terrace. Take that turning and head down the hill. Just after the terraced houses that form Rupertswood Terrace you will see Claremont House. Enter via the gate to gain access to all three apartments.

Agents Notes

We have been informed by the Vendor of the following: gas, electric, water and drainage are all mains connected. To comply with the property misdescriptions act we must inform all prospective purchaser that the measurements are taken by an electronic tape measure and are provided as a guide only. We have not tested any mains services, gas or electric appliances or fixtures and fittings mentioned in these details, therefore, prospective purchasers should satisfy themselves before committing to purchase.


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Lawn Place
Ilfracombe EX34 9EP
County: Devon
Sale Type: For Sale
Ref #: DTL01459
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