Description
1 bedroom maisonette with own entrance within a prominent Grade II listed building at the heart of the town. Kitchen/dining room with sleeping deck mezzanine, lounge, fitted shower room. EPC Band B
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.
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. Apartments 1-5 are housed within the main building at first and second floor levels and accessed via a wrought iron external staircase to the rear of the building.
Apartment 7 - A character ground floor apartment accessed directly from the rear courtyard and cleverly architected with separate Living Room and Kitchen/Dining Room, the latter fitted with a range of units, electric cooker, hob and extractor with space for an automatic washing machine and upright fridge freezer.
There is a fitted shower room whilst stairs climb to a mezzanine double bedroom with character sloping ceilings and velux roof windows. A gas fired combination boiler serves the domestic hot water and central heating system.
Outside - There is shared forecourt/courtyard access to the rear of Globe Court. Parking can be found in the nearby Lace Walk public car park with annual permits available from East Devon District Council.
Services - Mains Electric, Gas, Water and Drainage. Council Tax Band: A.
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 currently £500 per annum plus a ground rent £50 per annum.
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 £700 - £725 pcm per calendar month with a gross yield of approximately 9.3 - 9.67%.
Directions - From Stags High Street offices proceed along the High Street in a westerly 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. Apartments 1,2,3,and 5 are arranged across the first and second floors whilst apartment 7 is part of a ground floor projection to the rear of the main building.
