Summary - 23 Newport Street EX16 6NL
4 bed 1 bath House
**Standout Features:**
- Four-bedroom Grade II listed property
- Established HMO with potential gross rental income of £24,000/year
- Centrally located in Tiverton with strong transport links
- Electric heating and basement storage rooms
- Chain-free sale
**Concise Property Summary:**
Discover an exceptional investment opportunity with this four-bedroom Grade II listed house, currently operating as a well-established house of multiple occupancy (HMO) in the heart of Tiverton. With a potential gross rental income of £24,000 per year, this property presents a remarkable gross yield of 15%. The layout spans four floors and includes a communal kitchen/breakfast room, a separate shower room, a bathroom, and two additional basement storage rooms.
Each of the four spacious bedrooms accommodates double beds and the property boasts convenient access to a range of local amenities and strong transport links to Exeter and Taunton. Though the building's charming character requires attention—specifically, with an EPC rating of G—its prime location and existing rental structure provide a unique opportunity for savvy investors or those looking for a potential rental property in a thriving market. Act quickly, as this chain-free sale is sure to attract considerable interest!
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