Characterful central two-bedroom with immediate rental potential and long lease.
No onward chain, long lease (960 years) and low ground rent (£40 pa)
Large first-floor apartment — approx. 1,053 sq ft
Two double bedrooms with built-in wardrobes
Generous sitting room with decorative fireplace and high ceilings
Open-plan kitchen/breakfast room; appliances included
Currently rented at £1,050 pcm — immediate rental income
No private garden; flat sits above retail units (street-facing)
Timber-frame walls likely lack modern insulation — potential upgrade costs
This spacious two-bedroom first-floor apartment sits on Totnes High Street, combining period character with strong central location fundamentals. The property benefits from a long lease (960 years), low running costs, and an existing tenancy, making it straightforward for a buy-to-let purchaser or someone seeking a low-hassle town-centre home.
Internally the flat is generous for its type at around 1,053 sq ft. High ceilings, a decorative fireplace and sash/bay windows give character, while a large kitchen/breakfast room and long entrance hall provide versatile living and storage. Gas central heating, double glazing and a well-appointed bathroom add practical comfort.
Practical points to note: the flat is leasehold above retail units, so there is no private garden and some street noise is possible. Construction is older (c.1900–1929) with timber-frame walls likely lacking modern insulation, so buyers should consider upgrade costs if improving thermal performance. Service charge (£160 per quarter) and ground rent (£40 pa) are both low, and the building is managed by a management company.
For investors the property is already let at £1,050 pcm, offering immediate income; for owner-occupiers it delivers central convenience close to shops, river walks and transport links. Overall this is a characterful, well-located apartment with clear potential for modest improvement to increase comfort and rental/value prospects.
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