Pugsley Road, Tiverton, EX16
£250,000

Guide price

Bedrooms: 4
SUMMARY

***Investors Only*** Fully Licenced HMO mid terraced property offering 5 letting rooms currently acheiving a 7.8% gross return. The property would benefit from some updating and has the potential to increase the return.

DESCRIPTION

Call Fox & Sons today to book a viewing of this mid terraced property in the Wilcombe area of Tiverton. Offered to investor landlords only this property is fully licenced as an HMO and currently has 5 letting rooms acheiving a gross income of £19,500 per annum with an annual increase due in April. The rooms are let inclusive of council tax and water rates. The property would benefit from some updating and the rental rates would then reflect this. Council Tax Band: B Tenure: Unknown

Entrance Hall

Front door leads into the entrance hall. Storage cupboard, doors to all rooms, stairs to first floor.

Cloakroom

Window to front, WC.

Lounge / Bedroom 4 13' 8" x 11' 4" ( 4.17m x 3.45m )

Window to front. Television point, radiator.

Kitchen 7' 6" x 9' 10" ( 2.29m x 3.00m )

Window to rear. The kitchen has a range of wall and base units with work surfaces over, one and a half bowl sink, Built in oven and gas hob with extractor fan, space and plumbing for washing machine, integrated frige, archway to dining area, rear door leading out to the rear garden.

Dining Room / Bedroom 5 11' 5" x 7' 7" ( 3.48m x 2.31m )

Window to rear. Single glazed window to rear, radiator.

Landing

Stairs from ground floor. Airing cupboard housing combi boiler, loft access, doors to all rooms.

Bedroom One 11' 5" x 10' 11" ( 3.48m x 3.33m )

Window to front, radiator.

Bedroom Two 11' 6" x 10' 9" ( 3.51m x 3.28m )

Window to rear, radiator.

Bedroom Three 9' 11" x 7' 3" ( 3.02m x 2.21m )

Window to front, radiator.

Bathroom

Window to rear. Wash hand basin, WC, bath with electric shower over, shower screen, shelving, radiator.

Front Garden

To the front of the property there is a canopy porch and front door and a small grass area.

Rear Garden

The rear garden consists of a patio area, storage shed and gravel area, outside tap, rear gate leading to rear access lane and garages.

Services

Mains electric, gas, water and drainage.

Council Tax Band B

Location

The property is well situated in a very popular residential area on the outskirts of Tiverton. Situated nearby is the Grand Western Canal, along the towpath of which there are some lovely walks. A bus stop with regular service in to the centre of the town is within close proximity. There are also two schools close by.

Office Hours

Monday - Friday 9am- 6pm

Saturday- 9am- 4pm

Sundays - Closed

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

01884 798141

Fox & Sons - Tiverton

36 Bampton Street, Tiverton, Devon

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