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High Street, Honiton, Devon, EX14
For Sale
£240,000 Guide
3
Key Features
LANDLORD INVESTMENT PROPERTY
Tenant in situ
Well maintained
Upstairs 2 bedroom flat/Downstairs 1 bedroom flat
Good yield
About This Property
Landlord investment opportunity with tenant in situ. The property has a potential yield of around 6%.
A readymade investment opportunity.
A well presented terraced property situated on Honiton High Street currently split in to two rentable flats with a tenant already in situ on the top floor.
Downstairs is a superb one bedroom ground floor flat. The property offers a spacious bay fronted living room with wooden flooring, bay fronted double bedroom, modern kitchen with slate flooring and composite work surfaces, contemporary shower room, built in storage cupboards, uPVC double glazing and electric heating system. This flat should let out for around £575 pcm.
A separate entrance to the side of the building has stairs up to a good sized two bedroom flat. This includes gas central heating with radiators throughout, two good sized bedrooms, a bathroom, a kitchen with built in oven and gas hob and a large lounge. This property is currently let out at £595 pcm.
AGENTS NOTE
There is no outside space with this property and no allocated parking. There is daytime restricted on-road parking on the High Street to the front and an EDDC car park in nearby Dowell Street for which an annual permit can be purchased.
Situated on HonitonÂ’s main high street, the property is well positioned for access to the facilities in the historic town which is well served with shops, schools, restaurants and public houses, as well as a main line rail station and sports centre. Honiton enjoys excellent communication links with the A30 dual carriageway providing easy access to the cathedral city of Exeter and the M5 motorway, as well as the A303 Exeter/London trunk route. An international airport is also available at Exeter.
Read More
A readymade investment opportunity.
A well presented terraced property situated on Honiton High Street currently split in to two rentable flats with a tenant already in situ on the top floor.
Downstairs is a superb one bedroom ground floor flat. The property offers a spacious bay fronted living room with wooden flooring, bay fronted double bedroom, modern kitchen with slate flooring and composite work surfaces, contemporary shower room, built in storage cupboards, uPVC double glazing and electric heating system. This flat should let out for around £575 pcm.
A separate entrance to the side of the building has stairs up to a good sized two bedroom flat. This includes gas central heating with radiators throughout, two good sized bedrooms, a bathroom, a kitchen with built in oven and gas hob and a large lounge. This property is currently let out at £595 pcm.
AGENTS NOTE
There is no outside space with this property and no allocated parking. There is daytime restricted on-road parking on the High Street to the front and an EDDC car park in nearby Dowell Street for which an annual permit can be purchased.
Situated on HonitonÂ’s main high street, the property is well positioned for access to the facilities in the historic town which is well served with shops, schools, restaurants and public houses, as well as a main line rail station and sports centre. Honiton enjoys excellent communication links with the A30 dual carriageway providing easy access to the cathedral city of Exeter and the M5 motorway, as well as the A303 Exeter/London trunk route. An international airport is also available at Exeter.
Contact Honiton Residential Sales
111 High Street
Devon
Honiton
EX14 1LS
01404 46222
Meet your Agent
Stephen Gardner
Residential Partner
With a wealth of estate agency experience spanning nearly 30 years Stephen loves the “hands on” nature of the job, which first entranced him aged 21. A career estate agent Stephen enjoys dealing with people. He began his career in the Midlands and has worked extensively throughout the South West.
Leading the team at the Honiton office Stephen brings a wealth of property knowledge and prides himself on delivering an outstanding service to all his clients. He became a Residential Partner in January 2019.
Outside of work Stephen walks miles with his rescue dog, a lurcher, named Georgie and enjoys spending time with his wife and son.
He is also a keen cyclist and can be found in lycra whenever his busy schedule allows.
Leading the team at the Honiton office Stephen brings a wealth of property knowledge and prides himself on delivering an outstanding service to all his clients. He became a Residential Partner in January 2019.
Outside of work Stephen walks miles with his rescue dog, a lurcher, named Georgie and enjoys spending time with his wife and son.
He is also a keen cyclist and can be found in lycra whenever his busy schedule allows.
01404 46222
07525 276488
Permitted Payments
Fees apply:
The holding deposit is non-refundable if the tenancy does not go ahead due to the tenants providing false or misleading information, pulling out or failing the right to rent check. Details will be put in writing to the tenants within 7 days of the application not proceeding.
GTH are regulated by the RICS in regards to monies held by all parties and are members of the Property Redress Scheme.
- Holding deposit; equivalent to one weeks rent. This payment will be deducted from the first month’s rent or paid back to the tenant via bank transfer once referencing has been completed and a tenancy start date agreed. Please see our terms and conditions for more details.
- Late payment of rent; 3% above the Bank of England base rate which, after 14 days can be backdated to the day rent was due.
- Any alternations/variations to the tenancy agreement; £50.
- Early termination fee (with landlords consent); £360.
- All charges are inclusive of VAT.
The holding deposit is non-refundable if the tenancy does not go ahead due to the tenants providing false or misleading information, pulling out or failing the right to rent check. Details will be put in writing to the tenants within 7 days of the application not proceeding.
- Any keys or security devices that are lost during the tenancy will be charged to the tenant.
GTH are regulated by the RICS in regards to monies held by all parties and are members of the Property Redress Scheme.