Summary - 2 New Inn Court, Victoria Street, HOLSWORTHY EX22 6AD
1 bed 1 bath Apartment
Turnkey mixed‑use courtyard block in Holsworthy — immediate income with refurbishment upside.
Freehold mixed-use courtyard: 11 apartments and one commercial unit
Tenanted investment with rental figures available on request
Short walk to Holsworthy town centre and local amenities
Mix of 1-bed and 2-bed apartments; immediate rental income potential
No flood risk; inward-facing courtyard reduces traffic and noise
Area classified as deprived — may limit capital growth potential
Average broadband; potential need for modernisation or refurbishments
Requires active management of multiple tenancies and communal areas
A rare mixed-use courtyard development in Holsworthy presenting a ready-made investment portfolio. The freehold collection comprises ground- and first-floor apartments (eight 1-bed, three 2-bed) plus a commercial unit currently occupied by a hairdresser. Properties are arranged around an enclosed courtyard, offering low-traffic, inward-facing units attractive to long-term tenants.
The site is a short walk from Holsworthy’s market square, Waitrose and regular town amenities, supporting strong local rental demand from retirees, local workers and commuters to nearby market towns. The development shows period character externally with modern duplex and converted stable styling — offering both character and cost-effective maintenance compared with larger period houses.
There are tenants in situ and rental income information is available on request, making this appealing for investors seeking immediate cashflow. The freehold tenure and low flood risk are positives for portfolio stability. Note the local area scores as relatively deprived, which can suppress capital growth but may support steady rental yields. Broadband speeds are average and local services are good; capital expenditure for upgrades or communal management may be required depending on current condition and lease arrangements.
This opportunity suits a hands-on buyer or landlord with experience managing multiple tenancies and a mixed commercial/residential block. The development offers refurbishment and re-letting potential to increase rental income, but purchasers should factor in ongoing management, possible refurbishment costs and the impact of local socio-economic factors on long-term growth.
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