Flat 1, Cullompton, Devon

£135,000
2 Bed
1 Bathrooms
  • Potential rental income £595 pcm
  • c.4.4% yield after management costs
  • 2 double bedrooms
  • Large open plan sitting/dining room
  • Contemporary kitchen and bathroom
  • Carport parking nearby
  • Quick access to motorway
  • Good local amenities

Full Property Details

Cullompton

Ideal investment/first time buy. A modern, ground floor, two bedroom flat with an open outlook, and carport parking. No onward chain.

Potential rental income £595 pcm

c.4.4% yield after management costs

2 double bedrooms

Large open plan sitting/dining room

Contemporary kitchen and bathroom

Carport parking nearby

Quick access to motorway

Good local amenities

This fine property was recently built by Persimmon on their popular development to the east of the town, ideal for commuters requiring quick motorway access. This spacious flat is one of three in a three storey building and is well presented, offering very comfortable, well-appointed accommodation with gas central heating, uPVC double glazing and high specification insulation, keeping costs down. A short step from the building there is carport parking, and a short distance from local amenities.

Cullompton has a range of shops, including an award winning butcher's, Tesco, Aldi and Home Bargains supermarkets and a popular coffee shop and wine bar, 'The Bakehouse'. Other amenities include a contemporary health centre, library and community centre and established doctor's surgeries, a veterinary practice, churches, sports clubs, pubs and recreation facilities. Cullompton is ideally placed for commuting, with Junction 28 of the M5 lying to the east of the town, regular bus services and rail links at Tiverton Parkway and Honiton stations.

Exeter c.14 miles. Taunton c. 23 miles. Tiverton c. 7 miles. Tiverton Parkway Station c. 6 miles. Honiton c. 11 miles.

Lease term: 117 years left of an original 125 year lease

Ground rent: £125 per annum

Management/service charge: c. £930.82 per annum, including buildings insurance, cleaning and maintenance of the common areas.

These charges are common to all Leasehold properties and can be further qualified by the agents or any prospective purchaser's solicitor.

Please see the floor plan for the dimensions. The internal photos have been taken with a wide angle lens to show more of the rooms.

From Seddons' Cullompton office, proceed towards the motorway junction. Pass Tesco on the right and at the next roundabout turn left into Millennium Way and then first left at the roundabout into the new development and Headweir Road. Proceed straight ahead and then bear left into Raleigh Drive, where number 7 can be seen on the left with a Seddons board. A representative from Seddons will meet you at the front entrance.

Mains water, electricity, drainage and gas.

FANTASTIC GROUND FLOOR FLAT WITH NO CHAIN

Property Location Map

Floor Plan

Property Floor Plan

EPC

EPC