Auction Guide £250,000

7 bedrooms - House - Terraced

14, South Molton, EX36 3BQ

Available
 

Key features

  • Auction, unless sold
  • Thursday 2nd May
  • St Mellion International Resort
  • Central town setting
  • Well presented
  • 7 large bedsits
  • Around £34,000 gross p.a.
  • Rear enclosed yard
  • Joint Agent with
  • Clive Emson
 

Description

An exceptional investment opportunity. Centre of busy market town. Terrace house on 3 floors with 7 bedsits ranged around a central staircase and rear yard. Producing around £34,000 per annum gross. Selling only due to owners retirement. Auction, 2nd May at St Mellion International Resort

Rooms

The property occupies a readily accessible position close to the town amenities enjoying convenient access to the town centre which is a short level walk. The bustling market town of South Molton provides an excellent range of everyday services including shops, schools, restaurants and banks, together with a Sainsbury’s supermarket, health centre, recreational facilities and a cottage hospital.

The A361 North Devon link road is within easy driving distance providing convenient access to the larger regional centre of Barnstaple to the west as well as Tiverton and the M5 motorway (Junction 27) to the east.

South Molton is surrounded by picturesque North Devon countryside, the River Mole valley with nearby Exmoor offering beautiful moorland scenery with many footpaths and bridleways. The north coastline is also readily accessible with sandy beaches at Instow, Saunton Sands, Croyde Bay, Putsborough and Woolacombe.

Mainline intercity rail links are available at Tiverton Parkway (London Paddington approx. 2 hours) with international airports at Exeter and Bristol.

Ground floor with Entrance Lobby to Entrance hall with stairs rising to serve all floors and door to rear enclosed yard

Flat 1 - 20 sq metres - 214 sq feet - EPC Band E
Flat 2 - 30 sq metres - 320 sq feet - EPC Band D
Flat 3 - 30 sq metres - 320 sq feet - EPC Band D

First floor - with laundry cupboard

Flat 4 - 27 sq metres - 289 sq feet - EPC Band D
Flat 5 - 29 sq metres - 310 sq feet - EPC Band D

2nd floor

Flat 6 - 27 sq metres - 289 sq feet - EPC Band E
Flat 7 - 29 sq metres - 310 sq feet - EPC Band F

Each unit has open plan living room with bed and seating areas and all except 2 have kitchens off with fitted units and separate shower room, 2 of the smaller units have the kitchen area in the living room.

AUCTION SALE WITH JOINT AUCTIONEERS CLIVE EMSON AT ST MELLION INTERNATIONAL RESORT PL12 6SD

Location

Floorplan

Floorplan of 14

Energy performance

Questions?

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Barnstaple Alliance House, Cross Street, Barnstaple, Devon, EX31 1BA. 01271 327878

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