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Dowell Street 1 bed apartment for sale
Dowell Street
£70,000
Dowell Street
£70,000
Our Summary
- Potential to achieve £700 per calendar month with a gross rental yield of approximately 9
Description
This one-bedroom ground floor apartment is situated in a Grade II listed building at the heart of Honiton town centre. The property benefits from a prime central location, with amenities such as supermarkets, shops, and a main line rail link nearby. The apartment itself is a single storey wing of the building, with one double bedroom, lounge/dining room, and a family shower room. The property is leasehold, with a 999-year lease, and comes with a service charge to cover building insurance and repairs. There is no allocated outside space or parking, but permits are available for parking in a nearby public car park. The estimated rental value is £600-£700 per month, with a gross rental yield of approximately 8.47-9.88%.