King Street, Honiton, Devon, EX14 2 bed apartment for sale

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King Street, Honiton, Devon, EX14 2 bed apartment for sale

King Street, Honiton, Devon, EX14
£150,000

Our Summary

  • This unique investment opportunity has been a long term rental property for the current owners
  • The freehold building offers scope for two income streams or for someone who needs office space with living accommodation near to it

Description

This unique property package offers a rare opportunity to own a freehold building with a commercial office on the ground floor and a two-bedroom flat above. The commercial space has its own entrance but could be connected to the flat above, providing scope for a single or dual income stream. The flat itself features a lounge, kitchen, bathroom, and two double bedrooms, with gas central heating throughout. The property has recently undergone renovations, including a new roof in 2023 and a new boiler in 2024. The flat has been let out for £750 per month, while the commercial space is suitable for office use and has annual business rates of £3,200. Located on King Street in Honiton, the property offers easy access to local amenities, including shops, schools, and transportation links to Exeter and the M5 motorway.