A two-bedroom holiday apartment, with partial sea views, within close proximity to Westward Ho! beach. This modern development is located on Bath Hotel Road and is easily accessible for local shopping and amenities on Nelson Road. Bideford town centre is approximately three miles south along the B3236 and A386 road links.
Entrance hall, open-plan living room/kitchen, two bedrooms, bathroom with W.C. and balcony.
Allocated parking space.
We have been advised by the Managing Agents that the holiday letting income is generated from a collective rental pool of all the holiday apartments in the development and is split between each unit, which is a service offered by the managing agent. Further details can be found within the legal pack which is available to download from the Clive Emson website.
Remainder of a 125-year lease from 15th February 2012 at a current ground rental of £800 per annum.
We are advised by the seller that between July 2021 and July 2022 the income generated from the holiday lettings was approximately £20,000 per annum and from September 2022 to September 2023 the income generated from holiday lettings was approximately £29,000. Interested parties should make their own investigations to verify the rental income.