Larkstone Terrace, Ilfracombe, Devon, EX34
1 bedroom apartment for sale
Upper Floor Apartment, No Garden
- Outstanding views over the harbour, Bristol Channel and distant Welsh coast
- Delightful, light-filled characterful accommodation
- Perfect for low maintenance living
- Ideal for first time buyers, a bolt-hole, holiday home or buy-to-let investment
- No onward chain
- 22ft x 18ft open plan living room and kitchen
- Stylish kitchen with integrated appliances
- Double bedroom with built-in wardrobe
- Short stroll from the harbour, high street and amenities
- Excellent rent of circa £7,200 per annum
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If you are looking for low maintenance, value for money and superb, uninterrupted coastal views then this could well be the property for you. Flat 5, 8 Larkstone Terrace is a well-presented and characterful top floor flat situated in a popular and convenient location just a few hundred metres from the high street and a short stroll along Marine Drive to the picturesque harbour and just a stone's throw from the new, soon to be opened Water Sports Centre and Cafe as well as Larkstone and Rapparee beaches. The home would provide an excellent easy to keep permanent home, especially for a first time buyer, or perfect as a bolt-hole, holiday home or buy-to-let investment with excellent income earning potential and yield possibilities. We would suggest an achievable monthly rent being in the region of £600 thus equating to £7,200 per annum and a yield approaching very nearly 6%.
The stylish accommodation comprises a spacious light-filled open plan living room and kitchen with feature almost gothic style dormer windows as well as a large Velux style roof-light. The windows perfectly frame the outstanding and uninterrupted views over the very pretty harbour, with the chapel and lighthouse on Lantern Hill and world renowned artist Damien Hirst's 'Verity Statue', the rolling green hill of Hillsborough and out over the Bristol Channel to the distant Welsh coastline. There is ample space for sofas and dining furniture - indeed, check out our virtual staging for an idea of the look you can create in this delightful space! The trendy kitchen has a range of modern base and wall units and is complemented by integrated appliances which include an oven, hob and extractor canopy, fridge and a washing machine. There's even space for small breakfast bar and your bar stools.
Across the hallway is a double sized bedroom with similar feature gothic style dormer windows and a large walk-in wardrobe offering generous storage; again, have a look at our digitally staged ideas for this room. The bathroom is bigger than first meets the eye with a modern white suite that includes a bath, wc, hand basin and a separate shower cubicle. The suite is off-set by attractive tiling.
The flat benefits from gas fired central heating and is decorated in neutral tones, ready for immediate occupation which is also helped by there being no onward chain. Furthermore, there is unrestricted on-street parking available in the road at the front of the building and the possibility of purchasing an annual parking permit for some of the nearby car parks. The close proximity to many of the towns amenities including the high street, sea front, new Water Sports Centre, swimming pool, beaches and rocky coves, Brimlands playing fields and Hillsborough give the property great convenience and a perfect base from which to enjoy daily life. We fully advise a full and early internal inspection to appreciate this delightful flat.
The property is leasehold with the balance of an original 999 year lease which commenced on the 1st January 2004. The freeholders live in the building and the communal areas are tidy and well-kept. The ground rent is £50 per annum and the flat is responsible for 20% of any of the costs associated to the communal and external areas of the building. We understand that each flat pays a regular monthly payment of £25 towards the sinking fund. The contribution towards the building insurance premium is in the region of £130 - £145 per annum. Well behaved pets are permitted as is assured shorthold letting but short term holiday letting is not allowed.