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2 bed property, in Bridge Street, £125,000
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2 bed end of terrace house

Bridge Street, Hatherleigh, Okehampton EX20
£125,000
-10.7%

Price History

Initial price £139,950
May 29, 2026 £125,000
Price Change -10.7%

Our Summary

  • An excellent investment opportunity, this versatile freehold property offers a unique combination of commercial and residential accommodation within a single building, perfectly suited for investors

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Description

The property is a freehold building with a commercial ground floor and a residential apartment above. The ground floor is arranged as a shop or office space with a main reception area, storage space, office, kitchen, and cloakroom. The first-floor apartment features an open-plan living, dining, and kitchen area, a double bedroom, a single bedroom, a bathroom, and a utility space.

The property has mains electric, water, and drainage, and electric heating throughout, and is fully equipped. The apartment is let to a tenant along with the shop, generating an immediate rental income of approximately 7.2 percent. The commercial unit has a rateable value of £2,900 per annum, paid by the tenant, and the residential element falls under Council Tax Band A.