6 & 7 Pound Close, Topsham Guide Price £400,000 (Freehold)

Located in the sought after town of Topsham some 3 miles from Exeter is this pair of self contained flats which are currently both let and producing an excellent income.

The properties are close to all Topsham’s amenities and transport links.

Both flats are very well presented and have recently benefitted from new condenser boilers fitted as part of the owners management programme.

Both flats have the benefit of residential tenants who have been renting for many years and wish to continue.

There is a single garage and parking included with the first floor flat.

Accommodation

Please see floor plans attached.

Tenure

Each flat is held on a long lease at 199 years from 1980 with the reversionary freehold interest of both flats also included in the sale. The separate garage and parking is on a similar long ground lease and further details are awaited.

Tenancies

Each flat is on an assured shorthold tenancy:

6 Pound Close - Ground Floor - £680pcm (£8,160pa)

7 Pound Close - First Floor Flat + garage - £700pcm (£8,400pa)