Property description
Ideal Investment! A 2 double bedroom cottage with lounge, kitchen and dining room, plus a cottage garden & gas central heating.
This attractive brick built period cottage is situated on the outskirts of the town and within walking distance of amenities such as the railway station, small garage/shop, various inns and both Tesco and Morrison supermarkets. The property has pretty 2 bedroomed accommodation with period features including a brick fireplace housing a wood burner. It has been well updated by the current owner whilst retaining many of the charming \"cottage\" elements. It has mains gas central heating throughout and secondary glazing to the front of the property. At the rear of the property there is a pretty enclosed garden with patio and lawn and a good sized storage shed gives some additional room should it be required.
The property is currently let out for £575pcm via Helmores, the property can be bought as a going concern and would give a 6% to 7% return depending on the purchase price.
Note: there is permanent pedestrian access to No. 20 to the rear of neighbouring properties but no right of way across this property exists.
CREDITON is an old Mid Devon market town with a wealth of history, being situated just 7.5 miles north-west of the Cathedral City of Exeter with the M5 motorway some 3 miles further on. The town is surrounded by unspoilt farmland in an area of great natural beauty. There is a regular daily bus service to Exeter plus trains every hour to Exeter and Barnstaple and a local town bus which covers most urban areas. The town is most famous for its ancient parish church and for being the birthplace of St Boniface in 680 AD. It has excellent schooling facilities at both senior and junior levels and a sports and leisure centre incorporating a superb swimming pool. The town has an excellent selection of shops with a recently opened Morrisons and a large Tesco superstore/petrol filling station.
DIRECTIONS From the High Street, proceed in an easterly direction towards the lower end of town and continue into Union Road, Charlotte St and Exeter Road. Number 20 will be found on the left just before leaving the town.
Property Features :
- Currently let for £575 pcm (6.7% return on investment)
- Great value period house
- 2 double bedroomed accommodation
- Rear garden and gas central heating