>
High Street, Honiton, Devon, EX14 3 bed terraced house for sale
High Street, Honiton, Devon, EX14
£225,000
High Street, Honiton, Devon, EX14
£225,000
Our Summary
- Landlord investment opportunity with tenant in situ
- A readymade investment opportunity
Description
This landlord investment opportunity features a well-presented terraced property on Honiton High Street, currently split into two rentable flats with a tenant already in situ on the top floor. The ground floor flat boasts a spacious bay-fronted living room, modern kitchen, and contemporary shower room, with a potential rental income of £575 per month. The top floor flat features gas central heating, two good-sized bedrooms, a bathroom, kitchen with built-in oven and gas hob, and a large lounge, with a current rental income of £595 per month. The property is situated on Honiton's main high street, close to shops, schools, restaurants, and public houses, as well as a main line rail station and sports centre. With excellent communication links to Exeter and the M5 motorway, this property offers a readymade investment opportunity with a potential yield of around 6%.