£165,000
Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page

2 bedroom flat

Retreat Close, Kingsbridge
1 Bathrooms
2 Bedrooms
1 Receptions
Band: A

Make an enquiry with our Kingsbridge branch

Call or call 01548 856685

About this property

  • No Onward Chain
  • Perfect Investment Property
  • Communal Gardens
  • Residents Parking
  • Walking Distance to Amenities
  • Popular Town Location
  • Council Tax Band A
  • 2 Bedrooms

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

A

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£10.00 per annum

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

0 years

Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

£438.48

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

948 years

Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page

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Material information

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A two-bedroom ground floor apartment in a convenient Kingsbridge location, offering a straightforward purchase with no onward chain and allocated parking. With consistent demand for long-term rental in this price range, the property will appeal to investors as well as first-time buyers. Potential rental yield in the region of 5-6% 


The Property:

This well-proportioned two-bedroom ground floor apartment offers light and spacious accommodation throughout, making it an ideal first home, downsizer property, or investment purchase.

On entering the property, you are welcomed into a generous hallway providing access to all rooms. The bright lounge features dual-aspect windows and a decorative fireplace, creating an inviting living space. The kitchen is well sized and fitted with a range of wooden wall and base units, an electric oven with hob over, a sink with drainer beneath the window, and space and plumbing for additional appliances including a washing machine, fridge freezer, and dryer.

The main bedroom is a comfortable double with built-in storage and overhead cupboards, while the second bedroom is a versatile single room, ideal as a home office or nursery. The bathroom is fitted with a white suite comprising a basin, WC, and bath with tiled surround.

Externally, residents benefit from communal gardens with drying areas, as well as a residents car park with one allocated space and one visitor permit.

Conveniently located within close proximity to the town centre and its amenities, this property is expected to appeal to a wide range of buyers. Please note, the property cannot be used as a holiday let or second home, and must be occupied as a main residence or long-term rental.

The Location:

The sought after market town of Kingsbridge is located at the head of the estuary in the beautiful South Hams, an 'Area of Outstanding Natural Beauty'. There is a fantastic range of local and independent shops, restaurants, pubs, two supermarkets, a cinema, a leisure centre with swimming pool, medical centre and community hospital. With being close to many beautiful beaches and Salcombe, Kingsbridge brings convenience as well as a coastal lifestyle that many are looking for.

Property Information:

Tenure: Leasehold. 990 years from 1984 with 948 years remaining. Ground rent of £10 per annum. Service charge of £438.38 per annum. Managed by Livewest.
Council Tax Band: A
EPC Rating: D
Construction Type: Standard brick/block.
Utilities: Mains water supply and drainage. Mains electric. Mains Gas. Gas Central Heating. 
Mobile Coverage: According to Ofcom, mobile coverage is available from EE, Vodafone, O2, and Three. Signal strength may vary.
Broadband Availability: Superfast and Ultrafast fibre available – check via Ofcom or supplier
Flood Risk: According to the Environment Agency, the property is in a low risk flood zone. Buyers are advised to conduct their own due diligence.
Planning or Development Issues: None Known

Additional Notes
Buyers are encouraged to review this information alongside a full survey and legal advice. Full due diligence should be undertaken before entering into a contractual commitment.

Disclaimer
Every effort has been made to ensure the accuracy of these property details, however, they do not form part of any offer or contract and should not be relied upon as statements of fact. All measurements, floor plans, and photographs are provided for guidance only and may not be to scale. Services, systems, and appliances listed have not been tested by Kingsbridge Estate Agents and no guarantees can be given as to their working order. Buyers are advised to obtain verification from their solicitor or surveyor before proceeding with any purchase. If the property is above or adjacent to a commercial premises, mortgage availability may be affected and independent financial advice should be sought.

 

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Tenant Info for Retreat Close, Kingsbridge