Mixed freehold investment property opportunity, comprising detached property offering self-contained apartment, 3 garages, and hardstanding/parking area suitable for a variety of uses. Occupying popular and sought after South Devon coastal location.
Situated on the outskirts of the popular seaside resort of Dawlish, with the town centre, esplanade, beach, famous lawns and ‘Dawlish Water’, along with railway station and attractions only a short walk away. Lying just off the South West Coastal Path, within easy reach of Teignmouth and the City of Exeter, a short drive away.
A prominent corner sited detached property, the subject of recent considerable investment ensuring it is presented to a high standard and all legislation met. Providing 3 single garages to the ground floor, self-contained flat to the first floor offering sitting room, kitchen, bedroom, and bathroom. Versatile outside space to the rear, currently offering car parking for 3 – 4 cars, suit numerous uses, potential development by way of an extension to the existing building subject to obtaining the necessary planning permissions.
The first time on the market for nearly 30 years, providing a variety of rental income streams, from the flat, the garages, and parking area. Flat currently let £800 per month, garages let £40 each per month, considered very favourable with ample scope to increase, plus additional income from car parking spaces which also lends itself to be increased.
Freehold £179,995, Ref: INV36706N
