High Street, Honiton, Devon, EX14 3 bed terraced house for sale

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High Street, Honiton, Devon, EX14 3 bed terraced house for sale

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%.
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