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7 bedroom detached house for sale
Meadow Road, Seaton EX12
£650,000
Meadow Road, Seaton EX12
£650,000
Price History
Initial price | £749,950 |
04/04/25 | £650,000 |
Price Change | -13.33% |
Description
This substantial property in Seaton, a thriving coastal town, has been converted into seven apartments, generating an annual income of £49,000. The property, with 3008 square feet of accommodation, has been well-maintained and refurbished, providing an instant income with reliable tenants. The apartments, with modern electric heating and uPVC double glazing, are situated in a desirable town with a range of facilities, including a beach, shops, restaurants, and a doctor's surgery. The property also benefits from off-road parking, patio areas, and a rear garden with lawn and flowerbeds. This is a wonderful opportunity to generate a return of over 6.5% and provide well-equipped, light and airy homes for tenants.