Initial price	£120,000
06/03/25	£90,000
Price Change	-25.00%

This investment opportunity is a first-floor, one-bedroom apartment located in a townhouse in the popular Pilton area of Barnstaple. The property is part of a four-apartment complex, with the owner's accommodation also on site. The apartment is approached from the rear of the property and features a shared courtyard and staircase leading to the flat. The property has a 999-year lease and is being sold with a tenant in place, paying £575 per month from November 2022. The lease also includes a ground rent of £50 per month and a service charge of £111 per month. The property is conveniently located near local shops, North Devon District Hospital, and the Tarka Trail cycle path, making it an attractive investment opportunity for those looking for a stable rental income.