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3 bed property, in High Street, £200,000
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3 bed terraced house

High Street, Honiton, Devon EX14
£200,000
-11.1%

Price History

Initial price £225,000
May 29, 2025 £200,000
Price Change -11.1%

Our Summary

  • Landlord investment opportunity with tenant in situ
  • A readymade investment opportunity

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Description

This landlord investment opportunity offers a potential yield of over 6% and features two rentable flats, each with a tenant already in situ. The property is a well-presented terraced house on Honiton High Street, with a spacious one-bedroom ground floor flat that should let out for around £575 per month. The flat boasts a bay-fronted living room, modern kitchen, and contemporary shower room.

The second flat, located upstairs, is a two-bedroom property with gas central heating, two good-sized bedrooms, a bathroom, and a large lounge, currently let out at £595 per month. While there is no outside space or allocated parking, the property's central location on Honiton's main high street offers easy access to shops, schools, restaurants, and public houses, as well as a main line rail station and sports centre.