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Modern 1 bed Not Specified property

Available

For Sale

Listed Aug 2, 2025

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£40,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

Invest in this exceptional ground floor corner studio apartment located at 28 Central Park Avenue, Devon. Situated in a central location close to the train station, this property offers an outstanding investment opportunity with high rental income and potential for future growth.

With 23 square meters of space, this stylish studio apartment is perfect for those seeking a convenient urban lifestyle. The apartment boasts a modern bathroom and ample living space, making it an ideal choice for professionals or individuals looking for contemporary living.

One of the key highlights of this property is its impressive rental income. With a current rent of £145 per week, the gross income stands at an impressive £7250 per year. This makes it an attractive choice for investors looking for a lucrative source of passive income.

The apartment is set in a well maintained building with a ground rent of £1450 and a service charge of £100 per annum. This ensures that the property is properly managed and maintained, giving you peace of mind as an investor.

The prime location of this apartment adds to its appeal. Situated in the heart of Devon, it offers easy access to a range of amenities, including excellent transportation links, shops, restaurants, and entertainment options. The proximity to the train station makes commuting a breeze, whether you work in the city or need to travel frequently.

Boasting an impressive energy performance certificate EPC rating of B, this property is energy efficient, helping to reduce utility costs and minimize your carbon footprint.

Priced at £1250 per square foot, this studio apartment presents an excellent value proposition for investors. With a cash purchase only requirement, this is an opportunity to secure a prime property in a sought after location.

Don t miss out on this chance to own a profitable investment property that promises consistent rental income. Contact us today to arrange a viewing or for further information on this Ground Floor Corner Studio Apartment in Central Devon. Invest wisely and secure a bright future.