Mill Road, Okehampton 1 bed flat for sale

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Mill Road, Okehampton 1 bed flat for sale

Mill Road, Okehampton EX20
£110,000

Price History

Initial price £115,000
30/07/25 £110,000
Price Change -4.35%

Description

This attractive apartment block, built in circa 2016, is situated in the heart of Okehampton, within walking distance to the town's amenities. The first-floor apartment features an open-plan living/kitchen area, a double bedroom, and a modern bathroom suite, all fully double glazed and benefiting from gas central heating. The property is currently tenanted and has been set up for investment purposes, with a rental yield of approximately 5.22% based on a purchase price of £115,000 and a rental figure of £500 per month. The lease has 125 years remaining, with a service charge of £132 every six months. The property is conveniently located for those who want to be close to the town's shops, sports clubs, and leisure facilities, as well as the Cathedral City of Exeter, which is just a 30-minute drive away.