2 bedroom maisonette for sale
Key information
Property description & features
- Tenure: Leasehold (900 years remaining)
- 7%+ ROI rental yield
- Spacious 2 Bed Maisonette
- Buy to let/investment
- First Time Buy
- Close to the town centre
- No Onward Chain
- Requiring Updating
- Private Parking Space
- 360 Virtual Tour Available
- Remainder of 900 year lease
Located just off the centre of South Molton, 5 Elysian Court is a conveniently positioned two bedroomed maisonette arranged over two floors, constructed in the late 1980's and now requiring updating. The surprisingly spacious property is benefits from an allocated parking space to the rear, a small garden space and useful bin store.
It is thought that the property would make an ideal investment/buy to let purchase or first time buy.
We understand that the property carries the remainder of a 900 year lease which was granted in 1986.
The allocated off road parking space to the rear is accessed via North Street.
For layout and approximate room measurements please see the enclosed Floorplan & Virtual Tour.
THE AREA
5 Elysian Court is located in an extremely accessible position off East Street close to the town centre. South Molton itself offers an excellent range of everyday services including shops, schools, restaurants, and a bank, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital.
SERVICES & OUTGOINGS
The property benefits from all mains services. Gas fired central heating.
North Devon Council - Tax Band B (Approx. £1783.37 per annum)
Tenure - Leasehold carrying the balance of a 900 year lease which was granted in 1985.
Charges - we understand the current charge is £719.58 per year, reviewed annually and includes buildings insurance.
EPC - C
DIRECTIONS
From the square in South Molton, head east into East Street. Keeping to the left, continue for approx. 100m and turn left just after the Medical Centre into Elysian Court where no 5 will be found on the left hand side.
DIGITAL MEDIA LINKS
What3Words Location - ///knees.seated.ticking
VIRTUAL TOUR AVAILABLE
Council Tax Band: B (North Devon Council)
Tenure: Leasehold (900 years)
Ground Rent: £719 per year (reviewed every 1 years)
Charges include buildings insurance.
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Property reference RS0381. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Adey Property - South Molton.
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Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 13, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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