No longer on the market
This property is no longer on the market
Floorplan
Map4 bedroom end of terrace house
Key information
Features and description
- Incredible Investment Opportunity
- HMO Set Over 964 Sq. Ft.
- Currently Grossing £21,600 pa
- Four Double Bedrooms
- 13' Lounge/Dining Room
- Kitchen & Laundry Room
- Shower Room & Bathroom
- Decked Courtyard
- Offered With No Onward Chain
- Er e
This fantastic investment opportunity is a MUST to view. A HMO with 4 rental rooms, rented at £600 per room, currently at 75% occupancy with a gross turn over of £21,600 per annum. At 100% occupancy this could rise to £28,800 per annum. The property benefits from two bathrooms, kitchen, lounge/dining room & courtyard. ER-E
GUIDE PRICE £190,000 TO £200,000
Situated in the heart of the Okehampton town centre, a short walk from a range of amenities and transport links. This fantastic investment opportunity is a MUST to view. A HMO with four rental rooms, currently rented at £600 per double room. This incredible property is currently at 75% occupancy with a gross turnover of £21,600 per annum. At 100% occupancy the gross turnover could rise to £28,800 per annum, giving the lucky purchaser a wonderful return on their investment. In addition to the four double rental rooms the property benefits from a modern bathroom, a modern shower room, a modern fitted kitchen and a 13' lounge/dining room. Externally there is a decked rear courtyard. Additionally the property benefits from gas central heating and uPvc double glazing. Viewing is strictly by appointment ONLY. This property is offered with NO ONWARD CHAIN. ER-E
Rooms
The Location
Nestled on the northern edge of Dartmoor National Park, Okehampton is a charming market town that seamlessly blends rich history, stunning natural beauty, and modern amenities. Often referred to as the "Gateway to Dartmoor," the town is a haven for outdoor enthusiasts, offering miles of scenic walking trails, cycling routes, and access to one of the UK's most breathtaking national parks. Okehampton boasts a thriving community with a range of independent shops, cafés, and restaurants, alongside essential services such as supermarkets, healthcare facilities, and excellent schools, making it an ideal choice for families, professionals, and retirees alike. The town is well-connected via the A30, providing easy access to Exeter and beyond, and benefits from a recently reinstated railway station, offering direct train services to Exeter and the national rail network. For those seeking an active lifestyle, Okehampton has superb leisure facilities, including a golf course, (truncated)
The Property
Lounge/Dining Room 4.25m x 3.75m
Kitchen 3.74m x 2.21m
Laundry Room 1.47m x 0.93m
Inner Hallway 1.76m x 0.99m
Bedroom 4.33m x 2.57m
Shower Room 1.73m x 1.57m
Stairs Rise To....
Landing 3.97m x 0.96m
Bedroom 3.96m x 2.98m
Bedroom 3.36m x 2.8m
Bathroom 2.33m x 1.57m
Stairs Rise To....
Landing 0.97m x 0.79m
Bedroom 4.57m x 3.76m
Directions
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Vendor Position
This property is offered with NO ONWARD CHAIN.
Material Information
Tenure: Freehold.
Council Tax: Band B with West Devon Borough Council
Broadband: Standard, Superfast & Ultrafast.
Mobile: EE, 3, O2 & Vodafone Likely.
Mains: Electricity, Water, Gas & Drainage.
Heating: Gas.
Rights and Restrictions: None
Flood Risk: Very Low Risk <0.1%.
Mining: Not Affected By Mining.
Construction: Stone, Brick & Block.
Parking: On Street Parking Only.
Disclaimer
1. Accuracy of Information:
These sales particulars have been prepared as a general guide only and do not form part of any offer or contract. All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are provided in good faith and are believed to be accurate at the time of publication. However, they should not be relied upon as statements or representations of fact, and any interested parties should independently verify the accuracy of the information.
2. Measurements and Floor Plans:
All measurements are approximate and provided for general guidance only. Floor plans are not to scale and are for illustrative purposes only. Purchasers are advised to check measurements for specific purposes, such as furniture placement or structural changes.
3. Condition and Suitability:
No warranty or guarantee is provided regarding the condition, structural integrity, or suitability of the property for any specific purpose. Interested parties are advised to obtain professional surveys and legal advice before entering into any contract.
4. Services and Appliances:
The agent has not tested any services, systems, or appliances at the property. Purchasers are encouraged to carry out their own investigations to confirm that these are in working order.
5. Photographs and Marketing Materials:
The photographs, videos, and other marketing materials included in these particulars are for illustrative purposes only and may include items that are not part of the sale. Properties may appear different during viewings.
6. Third-Party Information:
Where information has been provided by third parties (such as planning permissions or legal documentation), the estate agent does not accept liability for any inaccuracies or omissions.
7. Viewing Arrangements:
Viewings are strictly by appointment through the estate agent. Any prospective purchasers entering the property do so at their own risk.
9. Regulatory Compliance:
This property is marketed in compliance with the Consumer Protection from Unfair Trading Regulations 2008, the Business Protection from Misleading Marketing Regulations 2008 & and NTSELAT Material Information Parts A,B & C. Should you have any concerns, please contact the estate agent.
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