1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (999 years remaining)
- Grade II listed building
- Investment opportunity
- Town centre location
- One double bedroom
- Gas central heating
- Fitted Shower Room
- Leasehold 999 year
- Council Tax Band A
Situation - Globe Court is an imposing Grade II listed three storey building enjoying a prime central location on the corner of the High Street and Dowell Street at the heart of the market town of Honiton. Honiton offers a range of amenities including Tesco, Aldi and Lidl supermarkets, an out of town retail park and a diverse and interesting range of independent shops including many antique, bookshops and a twice weekly street market.
There is a main line rail link for direct trains to London Waterloo and Exeter. The A30 dual carriageway provides quick access to Exeter and Exeter regional airport. The Regency town of Sidmouth along with popular beaches of Branscombe, Seaton and Lyme Regis are within easy driving distance. Taunton, the County Town of Somerset lies to the North East and provides a wide range of cultural and educational facilities as well as mainline station on the London (Paddington) line.
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This property has been let by Stags for a number of years. Estimated rental value of £600 per calendar month with a gross rental yield of approximately 8.47%. Potential to achieve £700 per calendar month with a gross rental yield of approximately 9.88%.
Description - Globe Court is a grade II listed three storey historic Georgian building having been divided into a number of individual and interesting one and two bedroomed apartments. Each is fitted with gas fired central heating and designed to fit the unique character of this historic building. Apartment 6 is a single storey wing/extension to the rear accessed via a private entrance at ground floor level consisting of one double bedroom, lounge/dining room and a family shower room.
Outside - There is No allocated outside space or parking with the property.
Agents Note - Permits are available from East Devon District Council for parking in the public car park situated under 100 metres from the property.
Tenure - The apartments are available to purchase with a 999 year lease. Service charge to include building insurance and sinking fund for building repairs and maintenance. Apartment is £500 per annum plus a ground rent £50 per annum.
Services - Mains electric, gas, water and drainage. Council Tax Band A.
Directions - From Stags High Street offices proceed down the High Street in an easterly direction. At the traffic lights turn right into Dowell Street, and the entrance to Globe Court can be found immediately on the left hand side. Apartment 6 can be found on your left hand side.
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Property reference 31965443. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stags - Honiton.
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Broadband availability and predicted speed: obtained from Ofcom on March 12, 2022
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 12, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 28, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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