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4 bed end terrace house
North Street, Okehampton EX20
£190,000
North Street, Okehampton EX20
£190,000
Price History
Initial price | £200,000 |
02/04/25 | £190,000 |
Price Change | -5.00% |
Description
This fantastic investment opportunity is a must-see, located in the heart of Okehampton town centre. The property is a HMO with four rental rooms, currently rented at £600 per double room, with a gross turnover of £21,600 per annum at 75% occupancy. With the potential to increase occupancy to 100%, the gross turnover could rise to £28,800 per annum. The property features two bathrooms, a modern kitchen, lounge/dining room, and a decked rear courtyard. With gas central heating and uPvc double glazing, it's an attractive option for investors. The town of Okehampton offers a range of amenities, including shops, cafes, and restaurants, as well as excellent schools and leisure facilities. With no onward chain and a guide price of £190,000 to £200,000, this property is an excellent opportunity for those looking to invest in a thriving market town.