£175,000
(£479/sq. ft)
1 bed flat for saleRainbow View, Parkers Way, Totnes TQ9
1 bed
1 bath
1 reception
365 sq. ft
EPC Rating: C
About this property
Well Presented One Bedroom Ground Floor Apartment, Offered with No Onward Chain
Bright Open-Plan Living Space with a Modern Fitted Kitchen Featuring Integrated Appliances
Double Bedroom with En-Suite Shower Room, and an Allocated Parking Space
Leasehold with Approximately 243 years remaining. Annual Ground Rent £146.00. Annual Service Charge £1831.04. EPC Rating C. Council Tax Band A
Located on Parkers Way, the property offers modern, contemporary living and is ideally positioned within a short walk of Totnes town centre and its excellent range of local amenities.
The accommodation comprises a private entrance leading into a bright, open-plan living space. The modern fitted kitchen is positioned along the right-hand wall and features a range of wall and base units, integrated fridge/freezer, dishwasher, combined washer/dryer, induction hob and electric oven, providing ample storage and practicality. The open-plan layout creates an inviting and versatile living area, ideal for modern lifestyles.
Leading from the living space is the double bedroom with a contemporary en-suite shower room, comprising a shower cubicle, wash hand basin and WC. The property further benefits from an allocated residents' parking space and an Automist fire suppression system, which has been maintained and serviced annually.
2 Rainbow View has been a successful rental investment for several years, currently achieving a monthly rental income of £740.00 pcm. Throughout its ownership as a rental property, annual servicing has been carried out, including maintenance of the Automist system and an Electrical Installation Condition Report (eicr).
The property will appeal to a variety of purchasers, including first-time buyers looking to step onto the property ladder, those downsizing seeking low-maintenance accommodation, and investors looking for a ready-to-let opportunity.
Rainbow View provides comfortable, modern living, while the ongoing regeneration and investment in the Parkers Way area continues to enhance its appeal, making it an increasingly attractive location in which to live and invest.
Mortgage calculator
£875 per month
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More information
Tenure
Leasehold (249 years)
Service charge
£1,831 per year
Council tax band
A
Ground rent
£146
Ground rent date of next review



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