Union Road, Crediton

Under Offer — £295,000 — Freehold

for Sale in Crediton Town with 6 Bedrooms, 3 Reception Rooms and 3 Bathrooms.

A very rare opportunity to acquire a sizeable investment property in the centre of the town, fully let and achieving a healthy return. The period property is Grade II listed, but offers potential (subject to planning) to provide even more spacious accommodation, and a greater return by reconfiguring the central staircase.

The four-storey building has been in the same ownership since 1982, and has enjoyed high occupancy levels throughout that time, with a steady income for the owner. The property comprises a ground floor flat laid over two levels with a good sized rear garden; a first floor flat with two double bedrooms and a second floor flat, again being two bedroomed. The total current rental income currently stands at £18,600 per annum, although this could be easily reviewed to in excess of £20,000 giving a yield of 6.8%. The property has a mains wired smoke detection system, emergency lighting and each flat is let on an Assured Shorthold Tenancy, all of which are periodic tenancies. The current owner has maintained the building to a high standard, with new windows being installed to the rear in the last two years.

DIRECTIONS

From our High Street offices proceed in an easterly direction into Union Road. The property will be seen on the left hand side.

The accommodation, with approximate measurements comprises;

GROUND FLOOR

Hardwood front door into;

ENTRANCE VESTIBULE — 6' 2'' x 4' 8'' (1.88m x 1.42m)

with storage cupboards, glazed inner door and side panel leading into;

STAIRCASE ENTRANCE HALL — 21' 9'' x 7' 1'' (6.62m x 2.16m)

with communal staircase and separate entrances to;

GROUND FLOOR FLAT

SEPARATE BATHROOM — 6' 4'' x 5' 6'' (1.93m x 1.68m)

White suite comprising panelled bath, low level WC and pedestal wash basin. (Although a private bathroom, please note it is not within the flat and accessed from the communal hallway).

INNER HALLWAY

with intercom and separate entrances to;

LIVING ROOM — 19' 2'' x 12' 9'' (5.84m x 3.88m)

Attractive Victorian style fireplace with slate hearth, two radiators and door to;

BEDROOM ONE — 13' 6'' x 12' 1'' (4.11m x 3.68m)

With a fully tiled shower cubicle and Mira Chrome shower, double radiator, built in cupboards and window overlooking garden.

LOWER GROUND FLOOR

DINING ROOM — 11' 1'' x 11' 1'' (3.38m x 3.38m)

Radiator and opening to;

KITCHEN — 11' 10'' x 11' 6'' (3.60m x 3.50m)

A range of base units with chrome handles underneath granite effect laminated work surfaces with inset stainless steel sink and side drainer, space for cooker, wall mounted boiler, space for washing machine, space for upright fridge/freezer, double glazed door leading to garden.

OUTSIDE

At the rear of the flat is a spacious and fully enclosed garden laid mainly to lawn with well stocked flower beds ideal for seating. The garden also has OPEN FRONTED STORAGE measuring approximately 6’7 x 5’8 (2.01m x 1.73m).

EPC

D/68

COUNCIL TAX

Band A

LOCAL AUTHORITY

Mid Devon District Council

FIRST FLOOR FLAT

Turning staircase to;

FIRST FLOOR

With door to;

SEPARATE BATHROOM — 6' 8'' x 5' 7'' (2.03m x 1.70m)

(accessed via the communal landing) with attractive suite comprising pine panelled bath and Mira Zest shower over, pedestal wash hand basin and low level WC.

Entrance Hallway separate entrances to;

LIVING ROOM — 15' 1'' x 13' 1'' (4.59m x 3.98m)

with decorative cast iron Victorian fireplace, radiators, sash windows overlooking the front aspect.

KITCHEN — 8' 9'' x 5' 0'' (2.66m x 1.52m)

with nicely fitted light beech coloured units providing ample cupboard and drawer space, matching fitted wall cabinets, pink granite effect rolled edge laminated working surfaces, fitted gas cooker with four ring gas hob, under counter fridge, automatic washing machine/tumble drier.

BEDROOM ONE — 11' 9'' x 9' 5'' (3.58m x 2.87m)

A good sized double room with front facing aspect. Radiator.

BEDROOM TWO — 12' 4'' x 8' 4'' (3.76m x 2.54m)

A further double room with decorative mantle, and two built in storage cupboards. Radiator.

EPC

C/74

COUNCIL TAX

Band A

LOCAL AUTHORITY

Mid Devon District Council

SECOND FLOOR FLAT

Stairs to;

LANDING

With private entrance to flat leading into;

ENTRANCE HALL

Fuse cupboard. Separate entrances to;

KITCHEN — 9' 0'' x 5' 1'' (2.74m x 1.55m)

Range of beech effect units providing ample cupboard and drawer space, matching fitted wall cabinets, brown rolled edge laminated working surfaces with inset stainless steel sink with tiled splash back, free standing double gas oven with four ring hob, Hotpoint fridge, automatic washing machine/tumble drier. Views over the park.

LIVING ROOM — 15' 8'' x 13' 5'' (4.77m x 4.09m)

Front facing outlook and two large sash windows giving the room a nice airy feel, gas fire on slate hearth with wood surround. Two radiators.

BEDROOM ONE — 13' 9'' x 8' 3'' (4.19m x 2.51m)

Rear facing outlook overlooking the park, two recessed storage cupboards, one housing the gas fired central heating boiler. Radiator.

BEDROOM TWO — 13' 3'' x 9' 9'' (4.04m x 2.97m)

Front facing aspect. Radiator.

BATHROOM — 6' 9'' x 5' 7'' (2.06m x 1.70m)

White suite comprising panelled bath with chrome handgrips and mixer tap, electric shower, glass shower screen, low level WC with chrome push button flush, pedestal basin, fully tiled walls with attractive mosaic border, radiator.

EPC

D/65

COUNCIL TAX

Band A

LOCAL AUTHORITY

Mid Devon District Council

Location

  • 9
  • Union Road
  • Crediton Town
  • Crediton
  • EX17 3AW

Consumer Protection from Unfair Trading Regulations 2008

These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regarding to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property. For further information about the Consumer Protection from Unfair Trading Regulations 2008, see www.legislation.gov.uk

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