Investment Opportunity Devon EX38 £140,000

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Auction date: Wed, 23/09/2015 - 14:00

This end terraced 6 bedroom Victorian town house is extremely spacious and now needs considerable repair and restoration. Works were started previously, but have never been completed. There is considerable dampness penetrating the rear elevation and side elevation, and as a result of all of these defects it is highly unlikely that a mortgage would be granted on the property in its current state. There are however some very good things about the property including pv panels on the roof which which results in approximately £1,800.00 per annum of income plus free electricity in daylight hours, and in addition there is a very pleasant walled garden to the rear some 60' in depth as well as a large 24' x 27' open garage of concrete block construction. Ideal for investment.

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Tagged
6 bed victorian solar panels producing income investment improvement refurbishment renovation torrington devon EX38 south west england garage garden

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