1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (125 years remaining)
- Excellent Investment Opportunity or Ideal First Time Purchase
- Large Second Floor One Bedroom Flat
- Open Plan Lounge/Diner and modern Kitchen
- Bedroom with built in Cupboard
- White Suite Bathroom
- Electric Heating and Stunning Sash Windows
- Balcony with stunning views over Communal Gardens
- Town Centre Location
- Currently Tenanted at £595pcm 5.5% Yield Return
Ford House offers a blend of modern amenities and classic charm with its high ceilings and original sash windows benefitting from electric heating as you enter the flat you are greeted with an entrance hall offering an entry phone system with doors leading to bright and airy open plan living space, with a spacious lounge/diner area and open plan kitchen with some built in appliances and door and window leading out onto the balcony over looking the stunning communal grounds.
The property provides a good size double bedroom with built in cupboard and a separate white suite bathroom with a panelled bath and shower screen with electric shower over, low level w.c. and wash hand basin with two uPVC double glazed windows to front aspect.
Outside, the property is surrounded by stunning communal grounds, perfect for enjoying a leisurely stroll or seating providing a peaceful moment outdoors.
Nestled in a tucked away position in the charming town of Tiverton, Devon, this Victorian Building known as Ford House offers a wide selection of properties available for sale with the OPTION OF LEGAL AND MORTGAGE BROKER FEES PAID!
Ford House is situated within a few minute's walk of the town centre where an abundance of shops services, popular restaurants and Tesco's and Lidl superstores are almost on the door step.
The property will come with a new 125 year lease and realistic service charge fee which is yet to be confirmed. Current rental income £595pcm - 5.5% yield return.
Whether you are looking to expand your investment portfolio with a current sitting tenant with excellent proven track record or searching for your first home, this one bedroom second floor flat ticks all the boxes.
Ford House Entrance Area - Leading off station road to the side of Vale Vets the entrance is accessed through an allocated parking area with designated bin storage area and pathway leading to the communal entrance doors.
Communal Hall And Entrance Hall - Offering an entrance door and entry phone system leading into the entrance hall with stairs leading to the first and second floor landings.
Flat 14 - A second floor one bedroom flat offering an entrance hall with security entry phone system and doors leading to large lounge/diner with open plan modern fitted kitchen offering some appliances and windows and door leading out to a balcony over looking the stunning communal grounds. The flat offers a separate bedroom with storage cupboard and a separate white suite bathroom with a panelled bath with shower screen and electric shower over with tiled walls and uPVC double glazed windows to front aspect.
The flat further benefits from electric heating and the option to purchase a parking space.
Communal Garden Areas - To the rear of the building the communal gardens are laid to lawn offering a wide range of shrubs and mature trees with paths leading to the front communal pathways and communal entrance areas with bike storage and bin storage. Within the communal gardens there is pathway leading to Old Blundell's court access road.
What3words - ritual.exile.deals
Leasehold Information - The property will come with a NEW 125 year lease created on completion of a property purchase.
A new service agreement will require a service charge to be implemented for the upkeep of the communal areas and external grounds along with building insurance and maintenance of the fire alarm system, communal lighting and emergency lighting.
The service charge is to cover communal;
Communal Area Cleaning
Window Cleaning
Gardening
Fire Risk Assessment
Fire alarm Service
Gutter Cleaning
Accountancy
Communal lighting and electricity
Communal Repairs – Sinking fund of £2500pa.
Block Management
National Trust Easement
The service charges are calculated to be £875 per annum per flat and building insurance at £110 per annum per flat with total of £985.00 per annum per flat.
Agency Information - VIEWINGS Strictly by appointment with the award winning estate agents, Diamond Estate Agents
If there is any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance.
PLEASE NOTE Our business is supervised by HMRC for anti-money laundering purposes. If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. To satisfy our obligations, Diamond Estate Agents have to undertake automated ID verification, AML compliance and source of funds checks. As from1st May, 2024 there will be a charge of £10 per person to make these checks.
We may refer buyers and sellers through our conveyancing panel. It is your decision whether you choose to use this service. Should you decide to use any of these services that we may receive an average referral fee of £100 for recommending you to them. As we provide a regular supply of work, you benefit from a competitive price on a no purchase, no fee basis. (excluding disbursements).
We also refer buyers and sellers to The Levels Financial Services. It is your decision whether you choose to use their services. Should you decide to use any of their services you should be aware that we would receive an average referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 33065092. 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 Diamond Estate Agents - Tiverton.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 10, 2022
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:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on June 10, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.