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Exminster, Devon

PROPERTY TYPE

Apartment

BEDROOMS

4

SIZE

2,352 sq ft

219 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Description

The Almshouses is an attractive Grade II listed building, thoughtfully arranged as four well-proportioned one-bedroom flats. Each flat offers a similar layout and design, extending to approximately 41 - 44 sq m, providing comfortable and efficient living spaces.
The two ground floor flats are accessed via a central internal hallway, while the two first floor flats are accessed via a rear stairwell. Each flat benefits from individual metering, with tenants responsible for their own utilities.
The property is currently fully let on Assured Shorthold Tenancies, with an estimated gross annual income in the region of £32,820. The current rental breakdown is as follows:

Flat 1: £695 pcm
Flat 2: £695 pcm
Flat 3: £650 pcm
Flat 4: Empty, est. rent £695 pcm

The Almshouses represent an appealing investment opportunity, combining period character with a strong and established income stream.

Situation

The Almshouses are in an elevated position within the heart of the highly sought-after village of Exminster. This thriving community offers an excellent range of day-to-day amenities, including a post office, parish church, three popular public houses, a well-regarded primary school, a Tesco Metro, and medical surgeries.
The village benefits from regular public transport links to the cathedral city of Exeter, along with convenient access to the M5 motorway and major A-road networks, providing excellent connectivity to the wider region and beyond. Despite its accessibility, Exminster retains a strong sense of community and a peaceful village atmosphere, making it a particularly desirable location for residents.

Directions

From Exeter, proceed along the A379 in out of Exeter. At the roundabout at the bottom of Bridge Road, continue straight ahead, following signs for Exminster. Take the first right turn signposted into Exminster. Continue along Main Road through the village centre, passing the Tesco Express on your right and the post office on your left. The Almshouses will be found shortly thereafter on the right-hand side, approximately 25 metres beyond the post office.

What3Words: ///truly.call.score

Services

Mains electricity, water, and drainage. All heating is provided by electric heaters.

Viewings

Due to the flats being tenanted, we will require a minimum of 24 hours' notice to book in any viewings.

Agents note

The property has broadband connections and it is showing that several mobile networks currently show as available (02, Virgin, 3, Vodafone, EE)

Energy Performance Certificate

Flat 1 - E 54 (Expires July 2029) Flat 2 - E 47 (Expires March 2027) Flat 3 - E 49 (Expires June 2031) Flat 4 - D 56 (Expires February 2032)

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Exminster, Devon

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About Wilkinson Grant & Co Land & Investment, Topsham

72 Fore Street, Topsham, EX3 0HQ
Industry affiliations:Industry affiliation logo 0

"2022, 2021 and 2019 award winners in the Best Estate Agency Guide, placing Wilkinson Grant & Co in the top 3% of estate agents in the country. Feefo Gold Trusted Service Award 2020. National recognition at the EA Masters for 'Best Small Sales' 2019. Voted the best small Estate Agency in the UK in 2006 and the best in the Southwest in 2008, 2009, 2011, 2012 and 2013 at the Estate Agency of the Year Awards. Wilkinson Grant & Co offer a comprehensive range of services including":-

Property Sales & Acquisition - Exeter: 01392 427500 / Topsham: 01392 875000

Lettings 01392 455920

New Homes 01392 455926

Land & Development 01392 455926

Financial Services 01392 202626

Affordability

Monthly repayments£2,006
Property: £ 400,000
Deposit: £ 40,000
Interest rate: 5.33%
Term: 30 years
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Notes

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Disclaimer - Property reference LND260013. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wilkinson Grant & Co Land & Investment, Topsham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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