Pointer Properties are pleased to offer for sale this fantastic investment opportunity. A one bedroom second floor town centre apartment offered for sale with an existing tenant currently paying GBP475 per month rent. The current tenant has been in situ for over 9 years now and would like to stay.
Situation:
The popular holiday resort of Minehead is situated on the edge of Exmoor and provides a good range of local shopping facilities, First, Middle and Upper schools and has a regular bus service throughout the year which serves the country town of Taunton some 25 mile to the east. Taunton provides a wide range of shopping facilities, independent and state schools, a mainline rail link to London Paddington in approximately two hours and good access to both the M5 and A303.
Directions:
From our office in Park Street, proceed towards the town centre and take the first right into Friday Street and continue a short distance along the road where the flat will be found on your right on the corner of St Andrews lane and the entrance is through the lane and to the side of the property.
Tenure: Leasehold remainder of a 999 year lease from approx 1980.
Service Charge: Approx GBP400 per annum.
Council Tax: Band A.
Services: Mains electricity, drainage and water.
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