Map11 bedroom terraced house
Featured
Retirement
Terraced house
11 beds
1 bath
0.27 acre(s)
Key information
Tenure: Freehold
Council tax, if payable: Band A
Features and description
- Tenure: Freehold
- Investment Opportunity
- 7 Properties
- 8.1% Gross Yield Per Annum
- Over 55's Occupation Restriction
- Existing Tenancies on Each Property
- X4 2 Bedrooms Cottages
- X3 1 Bedroom Cottages
- Off Road Parking
- Freehold
- Council Tax Band A
An excellent investment opportunity to acquire 7 cottages with existing tenancies in place. Investment Opportunity, 7 Properties, 8.1% Gross Yield Per Annum, Over 55's Occupation Restriction, Existing Tenancies on Each Property, x4 2 Bedrooms Cottages, x3 1 Bedroom Cottages, Off Road Parking. Freehold, Council Tax Band's: A, EPC Band's: D.
Situation - The complex is located in a rural hamlet a short distance from the thriving market town of Holsworthy and just over 12 miles from the North Cornish coast. The market town of Holsworthy lies 3.2 miles to the west with a variety of shops including a Waitrose supermarket, banks, hairdressers, tea shops, builders merchants, and agricultural and equestrian based retailer, Mole Valley Farmers. Additionally, in Holsworthy there are doctors, dentists, veterinary surgeries, educational facilities from pre-school to GCSE including the independent Shebbear College. Bude is to the west with access to the beautiful North Cornish coast and the A30 can be reached at Okehampton to the south east, with Dartmoor being easily accessible.
Description - A complex of 7 self-contained cottages, each sought after and let on Assured Shorthold Tenancies which are nearly all on a periodic basis with existing tenants in place, offering a rare and exciting investment opportunity.
The cottages comprise:
x4 cottages with 2 bedrooms, kitchen/living space and a shower room.
x3 cottages with 1 bedroom, kitchen/living space and a shower room or bathroom.
Each of the cottages enjoy their own area of patio to the front with views over the adjoining countryside. Each cottage also benefits from an individual parking space.
Services - Each cottage is EPC Band D. Each property has mains water and electricity. Private drainage via a sewerage treatment plant. Electric Storage heaters. Broadband availability: Standard ADSL, Mobile signal coverage: Voice and Data available (Ofcom). Please note the agents have not inspected or tested these services.
Income Information - Please contact Stags Launceston Office.
Agents Note - 1. The occupation of the cottages is restricted to individuals of 55 years of age and above.
2. The selling agents give notice under the Estate Agency Act that the vendor is a contractor of Stags.
3. Please note that some of the photographs were taken in 2021.
Viewings - Strictly by prior appointment with the vendor’s sole appointed agents, Stags.
Directions - From Holsworthy take the A3072 road towards Hatherleigh for approximately three miles. Having passed the crossroads at Anvil corner and within half a mile, the entrance to Stapledon Court will be found on the left hand side. Continue down the private road take the left hand turning where you will see the complex in front of you.
Situation - The complex is located in a rural hamlet a short distance from the thriving market town of Holsworthy and just over 12 miles from the North Cornish coast. The market town of Holsworthy lies 3.2 miles to the west with a variety of shops including a Waitrose supermarket, banks, hairdressers, tea shops, builders merchants, and agricultural and equestrian based retailer, Mole Valley Farmers. Additionally, in Holsworthy there are doctors, dentists, veterinary surgeries, educational facilities from pre-school to GCSE including the independent Shebbear College. Bude is to the west with access to the beautiful North Cornish coast and the A30 can be reached at Okehampton to the south east, with Dartmoor being easily accessible.
Description - A complex of 7 self-contained cottages, each sought after and let on Assured Shorthold Tenancies which are nearly all on a periodic basis with existing tenants in place, offering a rare and exciting investment opportunity.
The cottages comprise:
x4 cottages with 2 bedrooms, kitchen/living space and a shower room.
x3 cottages with 1 bedroom, kitchen/living space and a shower room or bathroom.
Each of the cottages enjoy their own area of patio to the front with views over the adjoining countryside. Each cottage also benefits from an individual parking space.
Services - Each cottage is EPC Band D. Each property has mains water and electricity. Private drainage via a sewerage treatment plant. Electric Storage heaters. Broadband availability: Standard ADSL, Mobile signal coverage: Voice and Data available (Ofcom). Please note the agents have not inspected or tested these services.
Income Information - Please contact Stags Launceston Office.
Agents Note - 1. The occupation of the cottages is restricted to individuals of 55 years of age and above.
2. The selling agents give notice under the Estate Agency Act that the vendor is a contractor of Stags.
3. Please note that some of the photographs were taken in 2021.
Viewings - Strictly by prior appointment with the vendor’s sole appointed agents, Stags.
Directions - From Holsworthy take the A3072 road towards Hatherleigh for approximately three miles. Having passed the crossroads at Anvil corner and within half a mile, the entrance to Stapledon Court will be found on the left hand side. Continue down the private road take the left hand turning where you will see the complex in front of you.
Property information from this agent
About this agent
Stags Launceston office is located on the main (Western) road from the A30, heading towards the Castle, and has its own car park. From here the successful sales and lettings teama work alongside the Professional Services department, who give expert advice on all planning, estate management and rural business issues, as well as carrying out professional valuations for probate, matrimonial disputes and inheritance tax to name but a few. Launceston (pronounced Lan-son) was the ancient capital of Cornwall and is located less than two miles from The River Tamar, which forms the border with Devon. The town is a popular tourist destination and has good access, via the A30 trunk road, to the far West of Cornwall, including Truro, and to Exeter in the East, both less than 40 minutes' drive away. Built on the side of a large hill between Dartmoor and Bodmin Moor, Launceston is a well-known market town and is the main shopping centre for the surrounding rural areas of West Devon and East Cornwall. It offers a huge variety of outdoor pursuits and is virtually equidistant from both the North and South Cornish Coast with their extensive sandy beaches and coastal walks. The town's population of 8,000 has access to a wide range of recreational facilities, including a fully equipped leisure centre, two golf courses, and numerous sporting and social clubs including Launceston RFC, one of the top Rugby Clubs in the Country.