Ilfracombe - Devon
Clive Emson commercial

Ilfracombe - Devon

£130,000 Score 2.5/10

Description

A freehold property arranged as two self-contained flats, situated in a convenient position close to Ilfracombe town centre, seafront, harbour and local amenities. Both flats are let, producing a combined income of £19,800 per annum.

The property benefits from garden space to the side and rear and is considered likely to appeal to investment buyers seeking a freehold residential investment in this popular North Devon coastal town.

Entrance porch, living/dining room, kitchen, one bedroom and shower room. Door to rear garden.

Let under the terms of an Assured Periodic Tenancy at a current rental of £550 per calendar month.

Private access to the side of the property with stairs to the first floor.

Living room, dining room/bedroom four, kitchen, bathroom and separate W.C.

Let under the terms of an Assured Periodic Tenancy at a current rental of £1,100 per calendar month.

There is garden space to the side and rear, the extent and use of which should be verified by interested applicants from the legal documentation, available to download from the Clive Emson website.

Opportunities

  • Est. 8.4% yield

Lot details

  • Substantial freehold former pharmacy with extensive commercial accommodation

Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.