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.
RESIDENTIAL LETTINGS If you are considering investing in a Buy To Let or letting another property and require advice on current rents, yields or general lettings information to ensure you comply, please contact a member of our lettings team on 01404 42553.
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.
