Exeter Road, Braunton, EX33

For sale in Braunton is an investment opportunity in the heart of the village. The property is arranged into 2 studio flats and 2 additional flats and Baddick & Dymond Funeral Directors Office are leasing a room on the ground floor, on a peppercorn rent for the remainder of a 125 year lease.

The studio flats, 1 and 2 are located to the rear of the property with their own entrances.

Flat 1 is located on the lower ground floor with entrance having a shower room off, open bedroom/kitchen and living area.

Flat 2 is access via few steps and comprises kitchenette through to living area and bedroom area with shower room off.

To the front of the property is the office with its own access and Flats 3 and 4 share a communal entrance and stairway.

Flat 3 is on the right of the landing with front door, entrance hall, living room with kitchenette off, bedroom and four piece bathroom.

Flat 4 has the door on the left with stairs leading to the second floor landing. The living room and kitchenette are located on the right with far reaching views across to Bideford and directly in front of you is the main bedroom with en-suite shower room. There is an additional small bedroom/office on the left hand side.

Outside there is a hardstanding which provides off road parking for two vehicles and there are two sheds, one being under the steps to flat 2 and the other in front of flat 1.

The yearly rental income is currently in the region of £20,000 with scope to increase.

Braunton is reputedly the largest village in England and offers a wide range of amenities including local shops, supermarkets, community centre, medical centre, primary and secondary schools, churches and a range of popular pubs and restaurants. The renowned Tarka trail can be accessed from the village and this follows the Taw and Torridge estuaries. Close by is the UNESCO Biosphere Reserve of Braunton Burrows, the largest sand dune system in the UK as are the glorious sandy beaches of Saunton Sands, Croyde, Woolacombe and Putsborough Bays. North Devon has become the 12th location to be selected as a World Surfing Reserve. Saunton Golf Club is near by and with its renowned championship East and West Courses - links golf at its finest – it is a test for even the most experienced golfer.