2 Bedroom Apartment

Northfield Road, 
Ilfracombe, 
Devon, 
EX34 8FG
Purchase price
£130,000
  • Tenanted
ATTENTION INVESTORS - EXCELLENT READY MADE INVESTMENT IN DEVON! A ground floor two bedroom apartment with communal garden access.
  • Financial Performance*
Gross rent
£9,000
Service charge
£1,632
Net income
£7,368
Gross yield
6.92%
Net yield
5.67%
  • Key Features
  • Tenanted Investment Opportunity
  • Two Bedroom Apartment
  • Purpose Built Development
  • One Bathroom
  • Popular Coastal Location
  • Close To Ilfracombe Town Centre
  • Easy Access To Local Amenities
  • Near the North Devon Coastline

An excellent opportunity to acquire this fantastic two bedroom apartment within the purpose built Atlantic Court development, situated on Northfield Road in the popular North Devon coastal town of Ilfracombe. The property provides well proportioned accommodation comprising two bedrooms, one bathroom and one reception room. The purpose built development provides a convenient residential setting, while the property’s location allows easy access to the amenities, coastline and attractions for which Ilfracombe is renowned.

Ilfracombe is a popular and well established coastal town on the North Devon coast, famous for its picturesque harbour, dramatic coastline and attractive combination of traditional streets, independent shops, cafés, restaurants and leisure facilities. The town provides excellent access to coastal walks, beaches and the wider North Devon countryside, with Ilfracombe Harbour and the seafront forming major focal points for both residents and visitors.

The town is also benefiting from ongoing regeneration and investment, with the Ilfracombe Regeneration Board overseeing projects designed to improve the town’s prosperity, environment and overall wellbeing. Regeneration priorities include improvements to the town centre and harbour, housing, economic development and initiatives designed to encourage further private-sector investment. Wider investment across Devon and North Devon includes housing and regeneration schemes aimed at bringing underused buildings back into productive use, alongside projects associated with Ilfracombe Harbour, South Quay, harbour infrastructure, watersports facilities, Larkstone Cove and the Ilfracombe Healthy Homes programme.

  • Financial Performance *
Gross rent
£9,000
Service charge
£1,632
Net income
£7,368
Gross yield
6.92%
Net yield
5.67%

Fill in your details below to enquire about property YL-08624
2 Bedroom Apartment

Northfield Road, 
Ilfracombe, 
Devon
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC