Drake House, Church Street, Sidford, EX10

2 bedroom property for sale

Guide price £200,000

OFFERED END OF CHAIN - This first floor apartment has been modernised throughout and offers spacious accommodation with the additional benefit of a garage and parking.

Entrance & Living Room Welcome to this modernised first-floor apartment, accessed through a communal entrance hallway with staircase leading to your private apartment. Upon entering through the front door, you are welcomed into a light filled hallway that guides you to all of the principal rooms.

Kitchen The newly fitted kitchen boasts a contemporary design, featuring modern wall and base units complemented by granite-effect laminate worktops and splashbacks. Equipped with built-in oven and hob, complete with an extractor hood, and adorned with newly laid wood-effect flooring.

Bedrooms The two double bedrooms each offer a tranquil retreat, featuring built-in wardrobes with mirrored doors and delightful rear views.

Shower Room The fully tiled shower room is elegantly appointed with a shower, basin, and WC, providing a luxurious space for relaxation.

Summary Enhancing comfort and efficiency, the property is equipped with UPVC double-glazed windows and gas central heating. Recently redecorated, with new carpets throughout, this residence exudes a fresh and contemporary ambiance.

Outside There is a lock up garage in a block and communal garden space to the rear. Parking is permitted in front of your garage.

Tenure The property is held on a 999 year lease commencing in 1979. The owner also owns a 25% share in the freehold via the resident's company, Drake House Residents Association Ltd. There is a £100pcm service charge and the insurance is divided proportionally. The latest insurance cost, for this apartment was £224.00Long term and holiday letting is permitted. There are no pet restrictions

Important Information All mains services are connected. East Devon District Council Tax Band B

Investor Advice In our opinion a rental income of £895pcm could be comfortably achieved for this property. There is scope to split the garage and apartment to create a higher yield

Directions
From the centre of Sidford proceed on the A3052 as if going towards Seaton. The property will be seen on the right hand side immediately before the entrance to the village car park.

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