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£175,000

French Street, Teignmouth, TQ14

  • 2 beds
Terraced house
Under offer/SSTC

£175,000

  • 2 beds
Terraced house
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Minimum deposit amount:

£8,750
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An opportunity to purchase a town-centre Freehold property currently arranged as two self-contained flats. Situated in a popular pedestrianised location in close proximity to sea front, promenade, shops, mainline railway station and other amenities.

Offered in a well-maintained condition internally, the property would suit investors or someone looking for a home with income potential.

We are advised that the ground floor previously had commercial use so there is scope to consider a business with owner's accommodation over, subject to the usual permissions and consents. 

COMMUNAL AREA Aluminium glazed front door with corresponding side windows open to a large Communal Entrance Hall with a short flight of steps to inner hallway accessing Ground Floor Flat, cupboard housing electric and gas meters, wall mounted control for Fire Alarm System servicing the entire building, Fire Alarm call point, from the hallway a flight of stairs runs to the small upper landing with high level window to the front of the property and timber doors to storage cupboard, door to First Floor Flat  

GROUND FLOOR FLAT ENTRANCE HALL - With double glazed window, door to storage cupboard with shelving, leading to
KITCHEN - Fitted with a range of base units to floor and eye level, under counter space and connections for appliances including washer/dryer and oven, tiled splashbacks, chrome extractor hood and light over, further space for free standing appliances, extractor fan, doors leading to Bedroom and Sitting Room and Upvc glazed door opening to rear court yard.
DOUBLE BEDROOM - Triple aspect with glazed window to rear of the property, glazed window to the side of the property and glazed window to the front. Positive Air Ventilation system.
SITTING ROOM - With door opening to aforementioned bedroom, window to rear of the property, further door to hallway.
SHOWER ROOM - With fully tiled shower enclosure with Triton electric shower control, wall mounted extractor fan, vanity unit with wash hand basin, W.C, double glazed window, wall mounted electric heater.
REAR COURTYARD - which wraps around the building, metal fire escape stairs form First Floor Flat.  

FIRST FLOOR FLAT Entrance Hall - with wall mounted electric heater, internal window providing borrowed into bedroom, leading to
BEDROOM - with aforementioned window to hallway, further internal windows bringing borrowed light from the kitchen, Upvc double glazed window to the rear of the property, wall mounted balanced flue gas heater, door leading to …
LOUNGE/SITTING ROOM - Dual aspect with glazed window to the rear of the property, further large Upvc double glazed window to the side looking over rear courtyard area, Upvc double glazed door to metal fire escape down to courtyard, from the lounge a further door opens to the well proportioned..
KITCHEN - Fitted with a range of contemporary grey fronted base units to floor level comprising of a range of cupboards and drawers, space and connections for appliances including washer/dryer and oven. Further corresponding grey fronted recessed storage units to eye level, Upvc double glazed window to the side of the property, tiled splashbacks, roll edge laminate work surface with stainless steel sink and drainer unit, wall mounted electric heater, large square skylight bringing in lots of natural light, extractor fan.
SHOWER ROOM - Good size Shower room, fully tiled walk in shower enclosure with Triton electric shower control, Upvc double glazed window, white low level W.C, pedestal wash hand basin, further obscured Upvc double glazed window, wall mounted electric heater unit. To one corner a panel opens to electric hot water control. 

MATERIAL INFORMATION - Subject to legal verification

Freehold
Council Tax Band - TBC
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AGENTS NOTE:
The current owner has owned the property for the last 29 years and is selling due to retirement.
Potential income of over £14,000.00 per annum giving an 8% return. (Subject to legal verification) 
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