Summary - Westmore Flat, Pegasus House, King Street EX14 1DA
2 bed 1 bath Apartment
**Standout Features:**
- Unique freehold property with dual income potential: residential flat above and commercial office space below.
- Spacious 2-bedroom first-floor flat recently generating a rental income of £750/month.
- Ground floor office with separate kitchen and WC, perfect for a small business or additional rental income.
- Recent updates include a new roof (2023) and new gas central heating boiler (2024).
- Located in the heart of Honiton, close to shops, schools, and transport links, offering convenience and accessibility.
- Chain-free sale, making this a straightforward investment.
**Summary:**
Discover a lucrative investment opportunity in Honiton with this unique freehold property comprising a large first-floor two-bedroom flat and a commercial office space on the ground floor. The flat features bright, spacious rooms with energy-efficient double-glazing and benefits from modern gas central heating. Ideal for first-time buyers or investors, the property has a proven rental history, generating a monthly income of £750.
The ground floor office space, accessible through its own entrance, includes a mini kitchen and WC, allowing for flexibility in use—whether as continued office space or additional rental potential. Nestled in a vibrant area with low crime rates and numerous local amenities, this property is perfectly located near schools, public transport, and recreational facilities. Although some areas may require maintenance upgrades, the solid brick construction and architectural charm present excellent renovation potential. Don’t miss out on this rare investment opportunity that combines convenience, comfort, and income potential!
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