Guide price £120,000

Taylor Square, Tavistock

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Managed by our Tavistock office

About the property

  • 2-Bedroom Second Floor Apartment
  • Tastefully Finished and Presented
  • Modern Kitchen and Bathroom
  • Off-road Parking
  • Convenient Town Centre Location
  • Ideal First-time or Investment Purchase
  • Potential Gross Yield of 6%
  • 125-year Leasehold - 82 Years Remaining
  • Service Charge £450 / Ground Rent £130
  • Council Tax Band:
SITUATION
The property is perfectly located close to the centre of Tavistock, and within a short walk of all of the town's many amenities, facilities and transport links. Tavistock is a thriving market town rich in history and famed for being the birthplace of Sir Francis Drake. It offers a superb range of shops, recreational and educational facilities, including the sought-after private school, Mount Kelly. Tavistock has good travel links with a central bus route to Plymouth and a nearby railway station offering connections to London. It is ideally situated for exploring the Devon/Cornwall borders offering superb opportunities to discover the region's rich heritage.

DESCRIPTION
We are delighted to bring to the market this splendid two-bedroom, second floor apartment, which is nestled in a quiet road off of Taylor square, adjacent to Tavistock's iconic former railway viaduct. The accommodation is well-presented, tastefully finished with modern fixtures and fittings, and has been neutrally decorated throughout. This would make an ideal prospect for a first-time buyer, those seeking a bolt-hole or pied-a-terre, or those looking for an investment opportunity - we would envisage a gross rental yield of 6% per annum. The property has the added benefit of off-road parking in a private carpark to the rear of the property and is conveniently situated a short walk from the town centre.

ACCOMMODATION
The building can be accessed both at the front and the back; at the front, the entrance is at ground floor level but the rear entrance, where the carpark is located, takes you straight into the second floor. There are entry phone points at both entrances. Off the communal landing, you enter the apartment into a central hallway that leads off into each room, including the bright and open reception room which has an archway through to the modern fitted kitchen. The kitchen is finished with a good range of cupboards and cabinets, with the worktop incorporating a composite sink and drainer, plus two spaces for plumbed appliances and a freestanding electric double oven with a 4-ring induction hob over. There is space for a fridge/freezer to one side and Karndean flooring underfoot. Along the hallway, there is a modern bathroom featuring a white suite, comprising a panelled bath with Mira electric shower over, WC and a wash basin set into a vanity unit, plus a heated towel rail, finished with white textured tiles and Karndean flooring. At the end of the hallway there is a good size double bedroom with a large window overlooking the viaduct. The second bedroom is a good size single, currently used as an office but would also make an ideal nursery. This property has been lovingly maintained by the current owner and finished to high standard.

OUTSIDE
The property does not have access to any private or communal garden, however the town's beautiful Meadowlands public park is within walking distance. The property benefits from off-road parking in a private carpark to the rear of the building.

SERVICES
Mains electricity, water and drainage are connected. There are modern, wall-mounted electric panel heaters. Please note that the agents have neither inspected nor tested these services.

TENURE
The property is offered with the remainder of a 125-year lease which commenced in 1986 (82 years remaining). We understand that the service charge is £450 per annum and there is a ground rent of £130 per annum.

AGENT'S NOTES
1. In accordance with section 21 of the Estate Agents Act 1979, we hereby declare that a member of Stags' staff has a personal interest in the sale of this property.
2. The fridge, dishwasher and washer/dryer in the kitchen are available to be included in the sale, subject to negotiation.
 

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