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Okehampton, EX20 1BA

End-terrace House 6 Bedroom
Offers over £230,000

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, Okehampton EX20 1BA

 
Points Of Interest

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Key Features
  • What3Words ///blush.coffee.gymnasium
  • Fully Licensed HMO
  • Close to Local Amenities
  • Great Investment Property
  • Fully Tenanted
  • Prime Location
  • Six Current bedrooms
  • Three Kitchen Spaces
  • Three Communal Cathrooms
  • EPC - D
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Property Description

Additional Information

Situated within the heart of the market town Okehampton, stands this deceivingly large HMO (House of Multiple Occupancy).

Currently the property is set up with six individual letting rooms, however subject to obtaining the necessary consents, there could be the potential to split the property into three self-contained units.

This is a fantastic opportunity for prospective investment, offering instant return as a result of all rooms being currently occupied.

This is a unique opportunity to purchase 1 of the 9 registered HMOs in Okehampton. Upon entry, the lower ground floor level can be accessed via an internal entry point. The ground floor layout comprises of three bedrooms, including a communal kitchen and practical shower room facilities.

Continuing up to the first floor, we have further offerings of three bedrooms. Orientated to the front of the property, we have one single and one double bedroom. A highly noticeable feature of these rooms are the large bay windows providing an abundance of natural light. A further single bedroom, plus communal kitchen and shower room facilities can be observed on this level.

The second floor takes host to a self-contained space, offering private living accommodation. This floor offers an efficiently sized kitchenette, shower room and living/bedroom. A perfect addition to this already spacious HMO.

The property in general is in good working order, however could benefit from some modernisation throughout communal and living quarters. With the opportunity for cosmetic improvements, there is then further scope for a revised increase of rental income under future ownership.

Agent Note: This property will no longer be offered via Private Treaty. In the near future this HMO will be offered via Modern Method of Auction. Do not hesitate to register your interest with us and discuss further details, all bids will be on an auction basis.


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