Retirement Flat Investment for Auction Devon EX14

Auction Date 31 July 2024
Guide Price £50,000
Property Summary

Guide Price £50,000+. The property comprises a first floor two bedroom retirement flat situated within a purpose built block arranged over ground and two upper floors. The property is held on a 125 year lease from 29th September 1987 (thus approximately 88 years unexpired). The property is subject to an Assured Shorthold Tenancy at a rent of £730 per calendar month. To be eligible as a resident you must be aged 60 or over. 

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