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Guide price
£120,000

2 bedroom maisonette for sale

Elysian Court, South Molton
Virtual tour
Chain-free
Sold STC
Maisonette
2 beds
1 bath
957 sq ft / 89 sq m
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 900 yrs left
Ground rent£719 per annum | review period: 1 yrs
Council taxBand B
BroadbandSuper-fast 250Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 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

Video tours

ABOUT THE PROPERTY

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.
Parking options: Off Street
Garden details: Private Garden

Property information from this agent

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About this agent

Michael Adey Property - South Molton
Michael Adey Property - South Molton
East Street South Molton, Devon EX36 3db
01769 307923
Full profileProperty listings
Welcome to Michael Adey Property - Estate Agent based in North Devon Are you looking to buy or rent property in North Devon, West Somerset or Exmoor National Park? If so, I can help. I have many years' experience helping clients to sell and find homes in the towns and villages, the coastal and rural communities of this wonderful part of the world, in which I have lived my whole life. So whether you are relocating, investing or looking to buy a second home, I can support you with specialist knowledge and advice on this area’s residential property market – from its flats and houses through to unique homes and smallholdings. Michael Adey Property brings a fresh, dynamic concept to property agency, allying modern marketing methods to the traditional values of expert local knowledge and experience, so you can maximise the value of your property.  My office is located in the historic and convenient market town of South Molton. Feel free to look around my website, contact me directly if you would like a chat or request a free, no obligation valuation.   Let me showcase your property and help you find your future home.
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