Globe Court, Dowell Street, Honiton 2 bed apartment for sale

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Globe Court, Dowell Street, Honiton 2 bed apartment for sale

Globe Court, Dowell Street, Honiton
£100,000

Our Summary

  • Sale by Online Auction
  • EPC Band CMethod Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior
  • ) The auction end date is 3rd July 4
  • 00pmThe vendor reserves the right to withdraw or alter the property for sale prior to the auction end date
  • uk on the Auction Page
  • Auction end date TBC
  • Sale by Auction

Description

This is a fantastic yield opportunity in the heart of Honiton, a market town with a range of amenities, including supermarkets, independent shops, and a mainline rail link to London. The property is a spacious two-bedroom apartment on the top floor of a Grade II listed building, with a private entrance door from the external landing. The apartment features an open living area with a modern fitted kitchen, two bedrooms, and a shower room with a double walk-in shower. The property has no allocated outside space or parking, but there is a nearby car park with annual permits available. The property is held on a long leasehold until 3016, with a share of the freehold and a maintenance charge of around £500 per year. With an estimated rental value of £800-£825 per month, this property offers a gross yield of approximately 9.6-9.97%.