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.


Services & referral Fees
Webbers Property Services Ltd (WPSLtd) refer buyers and vendor clients to Together Financial Solutions, please be aware that should you decide to use this service (WPSLtd) will receive an average referral fee of £265 from them on legal completion. (WPSLtd) may also provide a conveyancing quotation via Law Firm Services (LFS) in conjunction with a local law firm, should you decide to use this service (WPSLtd) will receive a referral fee of £150 on legal completion. This fee is taken for recommending their services and to cover the on-line transaction management service provided by (LFS).

Disclaimer
For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. Some photographs may have been taken using a Wide Angle lens. We have not carried out a detailed survey, nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings, if there are important matters which are likely to affect your decision to buy, please contact us before viewing the property.