- Fantastic investment opportunity
- Three bedroom duplex apartment
- Located in the heart of Dartmouth opposite Farmers Market
- EPC Grade E
- Lounge, kitchen & breakfasting area
- Holiday let potential
- Modern bathroom and en-suite to bedroom 2
- Good presentation throughout
- Viewing highly recommended
- No onward chain
HALFORD AND HOMES 01752 418104
We are delighted to present to the market this well presented three-bedroom, duplex apartment located in the heart of Dartmouth. The property offers a number of opportunities, for a potential purchaser, the first being a family home, however above and beyond this the property would make a fantastic investment. The property has been let on assured shorthold tenancies for a good period of time and would offer a rent in the region of 900 - 1000 per calendar month. However, we feel the best investment would be to convert the property to a holiday let (subject to planning consent). This could yield a return of 100 - 140 per night.
Lake Street is located in the heart of Dartmouth it is already well known for having “a number of properties with successful Airbnb listings” . Whilst the front picture of the property is fronting Victoria Road (the lounge and third bedroom face this way), the property is accessed from Lake Street. Directly opposite the property is the Dartmouth Farmers Market and just a one-minute walk and you'll be at the waterfront. The building is not listed, however it is located within the Dartmouth Conservation area.
The duplex is spread over the top two floors of this period building with the ground floor being a Thai Restaurant and the first floor being another flat. The entrance is open into the kitchen area with access to all principal rooms and upper floor, this is a spacious area that could easily be used as a breakfasting area. The accommodation briefly comprises of entrance hall/breakfasting area, kitchen, three bedrooms (two being double), lounge, modern fitted bathroom and en-suite to second bedroom. Other benefits to the property include box style sash windows to front, double glazing to rear, electric heating, storage loft area and period feature fireplace (not in use) in bedroom two.
Dartmouth is a picturesque village on the banks of the River Dart and is extremely popular with numerous festivals and events taking place throughout the year”. Dartmouth is a town, not a village, and could you also mention specifically the famous Royal Regatta, maybe tag onto the end “including the infamous Royal Regatta, attracting thousands of holidaymakers and boat enthusiasts. It has a rich maritime heritage, there is always something happening in this vibrant harbour town.
The apartment is available leasehold, with the freehold being held within the building. (all leasehold information must be verified by an independent legal representative). This is a very unique opportunity, with size and value for money being very good.
We highly recommend an internal viewing to explore all the options available at Per Mare.