A stunning home or excellent investment opportunity in the favoured and sought after coastal village of Instow, achieving an established average annual yield of 4.2% per annum based on a 6 month holiday letting period. This 2 Double Bedroom apartment enjoys Superb Estuary views and is conveniently situated within a stones throw of the promenade, sandy beach and Instow`s popular bars & restaurants.
The accommodation includes an open plan 30ft living space with Balcony taking advantage of the superb estuary views, and a modern kitchen/breakfast room and two good sized double bedrooms whilst also benefiting from gas fired central heating and new double glazed windows throughout. The property is set in well manicured attractive communal gardens which incorporate the private residents car park giving the property the distinct advantage of residents off road parking.
Located next to the Tarka Trail and Instow Yacht Club, Chandlers Court has consistently proven to be popular with those seeking an investment opportunity, permanent or holiday residence.
With the remainder of a 999 year lease commencing from 2013, with the property owner holding an equal share of the freehold, owned collectively by the Chandlers Court Management Company Ltd. The maintenance charge equates to �105 per month, buildings insurance for the year was �183.08 and the annual ground rent is �60.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Energy Performance Certificates (EPC)
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