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:
The Almshouses represent an appealing investment opportunity, combining period character with a strong and established income stream.
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)
A striking Grade II listed investment opportunity generating an estimated GROSS ANNUAL INCOME of £32,820. Comprising of four self-contained one-bedroom flats, all fully let on ASTs, set in the heart of the sought-after village of Exminster.
