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4 bed property, in Exminster, £400,000
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4 bed flat

Exminster, Devon
£400,000

Our Summary

  • rent £695 pcm The Almshouses represent an appealing investment opportunity, combining period character with a strong and established income stream

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Description

The Almshouses is a Grade II listed building with four one-bedroom flats, each around 41-44 sq m in size. Two flats are located on the ground floor, accessed via a central hallway, and two are on the first floor, accessed via a rear stairwell. Each flat has individual metering, and the tenants are responsible for their own utilities.

The building is currently fully let on Assured Shorthold Tenancies with an estimated gross annual income of around £32,820.