Property

• Two 2X Bed Apartments
• Superb turn key investment, includes all fixtures, fittings, furniture and white goods
• High Quality Refurbishment
• Parking
• Use of Leisure Facilities

• Potential return of 27%
• Close to all local amenities
• Perfect lock up holiday homes with excellent rental potential

Excellent opportunity to purchase two apartments, one ground floor apartment & one first floor apartment, on this popular holiday park.

For Sale via online auction method.

Situated only a short distance from Ilfracombe town centre within this holiday park which benefits from many leisure facilities, swimming pool, sauna, car parking, restaurant, bar, kids soft play area, mini golf, launderette. From the park are excellent views across to the channel over to Wales.

The apartments are of a high quality, with spacious open plan lounge/dining areas and modern fully fitted kitchens. 2 good sized double/twin bedrooms in each apartment, along with stylish bathroom suites. They both benefit from the use of all park facilities including heated indoor pool with lifeguard and car parking space. Everything present in the apartments is included in the sale: all fixtures, fittings, furniture, white goods, with the exception of bed linen and towels.

Eleven Devon and Ilfracombe-related web domain names are also included in the sale, which enable commission- free bookings.

The apartments are currently run as a holiday letting business generating a good income. Information is available upon request. Approximate return is in the region of 27%. Alternatively a fully managed letting service including cleaning, linen hire and internal maintenance is available from the holiday park management if a hands-off investment is preferred.

No onward chain.

Apartment One (Ground Floor)

Lounge/Dining Room

3.39m x 5.01m (11' 1" x 16' 5")

Kitchen

2.70m x 1.82m (8' 10" x 6' 0")

Bedroom One

2.36m x 3.60m (7' 9" x 11' 10")

Bedroom Two

2.37m x 3.52m (7' 9" x 11' 7")

Bathroom

2.08m x 1.75m (6' 10" x 5' 9") Walk In Shower, WC, sink

Apartment Two (First Floor)

Living Room with Dining Space

3.38m x 4.04m (11' 1" x 13' 3")

Kitchen

1.93m x 2.72m (6' 4" x 8' 11")

Bedroom One

2.4m x 3.15m (7' 10" x 10' 4")

Bedroom Two

2.41m x 2.97m (7' 11" x 9' 9")

Bathroom

1.37m x 2.16m (4' 6" x 7' 1")

Property Facts

12 month holiday let properties.
No chain.
Ground rent - £1000
Service Charge - £7,292 (inclusive of all utilities costs)
Balance of lease left - 242 years
Annual turnover based on current trading is approximately £50,000

Full use of facilities including heated pool, sauna, car parking, restaurant, bar, kids soft play area, playground, mini golf and launderette.