4 Bed Flat, Single Let, Bideford, EX39 2HR, £200,000

New Road, Bideford, EX39 2HR - 5 months ago

Leasehold
BTL
~129 m²
+10 photos

Valuation











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£700 - £975

Rent Estimate

£808

Running Costs/mo

£807

Cashflow/mo

£1

Cashflow/yr

£17

ROI

0%

Gross Yield

5%













Local Rents

14 rents from £700/mo to £975/mo, average is £870/mo.

RentDateDistanceAddressBeds 
£85004/240.04 miBrigade House, Bideford, EX393
£85004/240.04 mi-3
£85004/240.04 mi-3
£80003/240.16 miHigh Street, Bideford, Devon, EX393
£90009/230.2 mi-3
£97503/240.25 miTorridge Mount, Bideford3
£95003/240.25 miPitt Lane, Bideford3
£81503/240.26 miGrange Bungalows, Bideford, Devon3
£95004/240.26 miTorridge Mount, Bideford3
£95004/240.26 miTorridge Mount, Bideford3
£89504/240.3 miDevonshire Park, Bideford, Devon, EX393
£83503/240.3 miMyrtle Grove, Bideford, Devon3
£89003/240.36 miEast Ridge View, Bideford, Devon3
£70007/230.4 mi-3

Local Area Statistics

Population in EX39

37,175

Town centre distance

0.14 miles away

Nearest school

0.40 miles away

Nearest train station

7.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £200,000

November 28, 2024

Description

  • NO ONWARD CHAIN +
  • FANTASTIC RIVERSIDE LOCATION +
  • FOUR DOUBLE BEDROOMS +
  • LARGE OPEN PLAN LIVING AREA +
  • FAR REACHING RIVER AND COUNTRYSIDE VIEWS +
  • LEVEL WALK TO BIDEFORD TOWN CENTRE +
  • IDEAL OPPORTUNITY FOR FIRST TIME BUYERS OR BUY-TO-LET INVESTORS ALIKE +
  • VIEWING HIGHLY RECOMMENDED +

"CONTEMPORARY FIRST FLOOR APARTMENT WITH RIVER VIEWS"

This beautifully presented four-bedroom luxury apartment offers modern living with stunning river views and occupies a prime location in the heart of Bideford Town Centre. Situated within Tantons, a Grade II listed building dating back to 1722, the property benefits from a recent £1 million refurbishment. The restoration was carried out with great care, preserving many original features while ensuring the longevity of this historically significant building. The apartment is finished in neutral tones, blending contemporary design with timeless charm. High ceilings, expansive windows, and generously proportioned rooms create a bright, elegant, and spacious living environment, making the most of the natural light and the property’s unique character

The accommodation is accessed from the rear of the building directly below St. Mary's Church with the door to the apartment opening directly into the hallway.

The expansive open-plan living room spans over 30 feet in length, featuring three large, original wooden sash windows that flood the space with natural light. These windows frame stunning waterside views, creating a bright and inviting social area. The room is generously proportioned, offering ample space to accommodate large furniture pieces, including a dining table and a substantial sofa suite.

Adjoining the living area is a sleek and modern kitchen equipped with a stylish range of wall and floor units, a granite-effect work surface, and integrated appliances such as an electric cooker, hob, and extractor fan. The kitchen also includes a stainless steel sink with a single drainer, as well as designated space and plumbing for additional appliances like a washing machine, dishwasher, and fridge-freezer. An island enhances the kitchen's functionality by providing additional storage and serving as a convenient breakfast bar.

The property boasts four double bedrooms, offering versatile options for use, including an exceptional office or study space. The master bedroom is a standout feature, complete with its own three-piece en-suite shower room for added privacy and convenience.

The main bathroom is well-appointed with a three-piece suite comprising a panelled bath, a low-level flush W.C., and a wash hand basin. Additional touches include a heated towel rail, a shaver-point light, and durable vinyl flooring.

NB: New 125-year Lease. Service Charge payable as a percentage (approximately 10-12.5%) of outgoings. The property is currently achieving approx rent of up to £2500 per
week for the flat in peak season. The square footage for this property equates 1389ft²
From Bideford quay front, continue towards Torrington on the A386 crossing the "Old Bideford Bridge" small round about near the old bridge. The building can be found a short distance further on the right hand side with entrance to the property from behind next to St Marys Church.

Agent Details

Webbers Property Services, Bideford

01237 871237

Next Steps?

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