South Street, Wellington
£195,000

Guide price

Bedrooms: 3
* Investment Opportunity * Two flats, a 1 and a 2 bedroom, with AST Tenancies in the heart of Wellington. EPC Band: D.

SITUATION

Wellington is situated just off Junction 26 of the M5 Motorway and is an attractive Somerset town located between the River Tone and the Blackdown Hills currently with a population of some 14,000 which is anticipated to grow significantly in the years to come. There is a good range of shops, schools, businesses and sports centre. The town also acts as a dormitory town for Taunton and Exeter. This property is situated along South Street amongst a mixture of local shops and residential property.

DESCRIPTION

Situated above a shop in Wellington with access to the staircase which gives access to both flats. The upper flat is arranged over 2 floors with sitting room, kitchen, 2 bedrooms and a shower room and the lower flat is situated on the first floor with 1 bedroom with en-suite shower, sitting/dining room with kitchenette. The properties are both let under assured shorthold tenancy and current yield is £1125 per month.

LOWER FLAT

Access is from the ground floor via a set of stairs comprises a bedroom with en suite shower and large sitting/dining room with an adjacent kitchenette.

UPPER FLAT

The upper flat is accessed to the rear via a stairway and internal stairs into the flat comprising on the second floor, Bedroom 1 overlooking the front of the property, night storage heater. Bedroom 2 overlooking the rear of the property with night storage heater. Wet room with low level WC and wash hand basin.

Stairs leading up to the third floor with Kitchen/diner with a range of units with laminate worksurface over, stainless steel sink, space and plumbing for a washing machine, cooker and fridge freezer and feature oak beams.

SERVICES

Mains electric and water connected.

VIEWINGS

Strictly by appointment with the vendor's selling agents, Stags, Wellington Office.

DIRECTIONS

From the centre of Wellington with Stags office on your right, turn left into South Street at the traffic lights. Continue along the road for approximately 80 yards. On the left hand side you will find Sarah Hodge the hair salon, go through the path to the left hand side where you will find the stairs and entrance to the property.

LETTING INFORMATION

Both flats are currently let and being sold as an investment opportunity. The current rents for the above flats are £450 for the 1 bedroom and £675 for the 2 bedroom.

01823 619815

Stags - Wellington

7 High Street, Wellington, Devon, TA21 8QT

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