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A very smart apartment close to the centre of Tiverton.
A very well presented apartment within easy walking distance of the town centre.
Excellent central location
Light and airy accommodation
Open plan living area with Juliet balcony
Gas central heating
Lovely home or investment opportunity
Potential rental income - £550 pcm
This is a modern spacious apartment located within easy walking distance of the town centres amenities. The apartment benefits from gas central heating and some lovely views out across the river Lowman to the hills and surrounding countryside beyond. The apartment has been occupied by the same owner since new who has kept the property in excellent condition. This would make a great property to reside as it is most convenient for access to the town centre but would also provide a great return as an investment. The potential rental income is £550 pcm which would provide a 6% yield.
Tiverton is a thriving market town with a good range of shopping and recreational facilities, together with a new hospital and sports complex/swimming pool. The town lies just off the A361 about seven miles from Junction 27 of the M5 motorway with its adjacent Parkway Station (Paddington is about two hours).
The apartment is held on a long lease of 999 years from the 1st January 2007. Each apartment owns an equal share of the Commonhold - Riverview Tiverton Ltd - (Management Company). There is an annual service charge of £650 per year which includes building insurance/communal areas & maintenance.
Please see the floor plan for full details of the layout and dimensions of the accommodation.
From the multi storey car park turn left on to the Great Western Way and turn left at the first roundabout. Continue along until you see the clock tower on your right and turn right into Chapel Street. The property will be seen on the right hand side.
Mains electricity, gas, water and drainage.