New Street, Honiton
HA

New Street, Honiton

By Harrison-Lavers & Potbury's

£ 425,000

Reviews

2 out of 5 stars

Harrison-Lavers & Potbury's says ..

INVESTMENT OPPORTUNITY RETAIL UNITS WITH FIRST AND SECOND FLOOR STORAGE PLUS SELF CONTAINED FLAT.

Property Oracle says ..

This property is a three-bedroom apartment situated above a Clarks retail unit on New Street, Honiton, in East Devon. The listing describes it as an investment opportunity and states that it includes retail units, plus a self-contained flat. The provided images offer a glimpse into the interior, suggesting a property that is livable but could benefit from modernisation. The décor is dated, and while there is no apparent damage, updating and refreshing would be beneficial to increase its market appeal. The apartment’s location in Honiton offers convenience, with proximity to shops and the train station. The nearby schools, including Honiton Community College (rated ‘Good’ by Ofsted) suggest a family-friendly environment. However, the lack of information on the size of the property in square feet, and the absence of details about the outside space, prevents a definitive assessment of the value for money. The average house price on New Street is considerably lower than the list price of this apartment, but more detailed information on the property’s dimensions and the precise extent of the retail units below is needed to form a stronger opinion. The images show that it is in need of some modernisation, yet still maintains a functional layout. The lack of detailed information regarding plot size, square footage, and the specifics of the commercial units limits an objective property valuation and overall scoring.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
3
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
345,000.00 £
Increased by 13.42 %
from 304,176.00 £
Average area rental value
1,213.00 £/mo
Increased by 47.75 %
from 821.00 £/mo
Est rental Yield
4.22 %
Increased by 30.25 %
from 3.24 %
Crime Rate
60.00 %
Unchanged by 0.00 %
from 60.00 %

Agent Activity

  • Harrison-Lavers & Potbury's created the listing.

Nearby Schools

NameTypeOfstedDistance
Honiton Primary SchoolCommunity SchoolRequires improvement0.32 KM
Honiton Community CollegeAcademy ConverterGood0.38 KM
Littletown Primary AcademyAcademy ConverterGood0.86 KM
Honiton & District Children'S CentreChildren's Centre0.97 KM
Farway Church Of England Primary SchoolVoluntary Aided SchoolGood4.45 KM

Images

Photo 1 Photo 6 Photo 7 Photo 2 Photo 3 Photo 8 Photo 4 Photo 5 Photo 9

Nearby Streets

NameAverage PriceAverage SqftDistance
New Street £ 302,47500.00 KM
Kings Arms Cottages £ 000.00 KM
East View Cottages £ 000.00 KM
Kings Gardens £ 000.00 KM
Ridgeleigh Court £ 111,25000.00 KM

Nearby Transport

NameNLCTLCDistance
Honiton5717HON0.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Street, Honiton £ 425,000BUY4 / 100.00 KM
Black Lion Court, Honiton, Devon, EX14 £ 115,000BUY6 / 100.07 KM
Queen Street, Honiton, Devon £ 180,000BUY6 / 100.10 KM
Laundry Lane, Sidford, Sidmouth, Devon £ 595,000BUY5 / 100.14 KM
Silver Street, Honiton, Devon, EX14 £ 190,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
7a New Street £ 117,0000.05 KM
15a New Street £ 150,0000.05 KM
School House Loft £ 180,0000.05 KM
Finch Cottage £ 119,0000.06 KM
Swallow Cottage £ 118,0000.06 KM