Initial price	£875,000
16/11/23	£850,000
22/06/24	£750,000
Price Change	-14.29%

This fantastic investment property is located in a quiet residential area of Seaton, close to the centre of town, and offers seven light and airy one-bedroom apartments currently let on assured short-hold tenancies. The property has a yield of approximately 6.2% gross and benefits from five off-road parking spaces and a near-level garden. The apartments are situated in a converted and extended former residential care home, with each apartment having its own unique features, such as direct access to the front and side or rear garden. The property is located near the ancient harbour of Axmouth and the white cliffs of Beer, with a mile-long beach, picturesque streets, and a range of facilities including supermarkets, restaurants, and the Jurassic Coast Visitor Centre. The nearby historic fishing villages of Beer and Branscombe are also within easy reach.