New Road, Bideford

3 Bedroom Apartment for sale in Bideford

2 3 2

NO ONWARD CHAIN
FANTASTIC RIVERSIDE LOCATION
THREE DOUBLE BEDROOMS
LARGE OPEN PLAN LIVING AREA
FAR REACHING RIVER AND COUNTRYSIDE VIEWS
LEVEL WALK TO BIDEFORD TOWN CENTRE
IDEAL OPPORTUNITY FOR FIRST TIME BUYERS OR BUY-TO-LET INVESTORS WITH A 6.85% YIELD
VIEWING HIGHLY RECOMMENDED

"CONTEMPORARY FIRST FLOOR APARTMENT WITH RIVER VIEWS"

This beautifully presented three bedroom luxury apartment offers modern living with stunning river views and occupies a prime location in the heart of Bideford Town Centre. Situated within Tantons, a Grade II listed building dating back to 1722, the property benefits from a recent £1 million refurbishment. The restoration was carried out with great care, preserving many original features while ensuring the longevity of this historically significant building. The apartment is finished in neutral tones, blending contemporary design with timeless charm. High ceilings, expansive windows, and generously proportioned rooms create a bright, elegant, and spacious living environment, making the most of the natural light and the property's unique character

The accommodation is accessed from the rear of the building directly below St. Mary's Church with the door to the apartment opening directly into the hallway.

The expansive open-plan living room spans over 30 feet in length, featuring three large, original wooden sash windows that flood the space with natural light. These windows frame stunning waterside views, creating a bright and inviting social area. The room is generously proportioned, offering ample space to accommodate large furniture pieces, including a dining table and a substantial sofa suite.

Adjoining the living area is a sleek and modern kitchen equipped with a stylish range of wall and floor units, a granite-effect work surface, and integrated appliances such as an electric cooker, hob, and extractor fan. The kitchen also includes a stainless steel sink with a single drainer, as well as designated space and plumbing for additional appliances like a washing machine, dishwasher, and fridge-freezer. An island enhances the kitchen's functionality by providing additional storage and serving as a convenient breakfast bar.

The property boasts three double bedrooms, offering versatile options for use, including an additional extra (fourth bedroom) used as an exceptional office or study space or dining room. The master bedroom is a standout feature, complete with its own three-piece en-suite shower room for added privacy and convenience.

The main bathroom is well-appointed with a three-piece suite comprising a panelled bath, a low-level flush W.C., and a wash hand basin. Additional touches include a heated towel rail, a shaver-point light, and durable vinyl flooring.

RENTAL YIELD: 6.85%

NB: New 125-year Lease. Service Charge payable as a percentage (approximately 10-12.5%) of outgoings. The property is currently achieving approx rent of up to £2500 per
week for the flat in peak season. The square footage for this property equates 1389ft²

Hallway

Open plan living room / kitchen 30'6" x 16'4" (9.3m x 4.98m).

Bedroom 1 14'11" x 10'5" (4.55m x 3.18m).

Ensuite Bathroom

Bedroom 2 13'3" x 8'10" (4.04m x 2.7m).

Bedroom 3 14'3" x 6'8" (4.34m x 2.03m).

Bedroom 4 8'10" x 8'5" (2.7m x 2.57m).

Bathroom

VIEWING    Strictly by appointments with the sole selling agents.

TENURE    Leasehold

SERVICES    Mains electricity, water and drainage

COUNCIL TAX    B

RENTAL INCOME    Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of £950 to £975 subject to any necessary works and legal requirements (September 2022). This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal. Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating. The Government intend to increase this to a band C from 31/12/2025. Please refer to your solicitors as the legal position may change at any time.

From Bideford quay front, continue towards Torrington on the A386 crossing the "Old Bideford Bridge" small round about near the old bridge. The building can be found a short distance further on the right hand side with entrance to the property from behind next to St Marys Church.

Important Information

• This is a Leasehold property.

Property Ref: 55651_BID220390

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