3 Bedroom Block of Apartments

South Street, 
South Molton, 
EX36 4AG
Purchase price
£240,000
  • Tenanted
READY-MADE HIGH-YIELDING INVESTMENT IN SOUTH MOLTON! An excellent freehold investment opportunity comprising a three-bedroom flat and a commercial unit, both tenanted and generating immediate rental income.
  • Financial Performance*
Gross rent
£17,100
Net income
£16,600
Gross yield
7.13%
Net yield
6.92%
  • Key Features
  • Tenanted investment opportunity
  • Mixed use commercial and residential property
  • Prominent South Street location
  • Three bedroom flat
  • Fantastic net return
  • Convenient access to local amenities
  • Excellent transport links
  • Established market town of South Molton

An excellent opportunity to acquire a freehold mixed-use investment property in the popular market town of South Molton, comprising commercial premises and a three bedroom flat. Both elements are currently tenanted, providing immediate rental income and making this an attractive addition to any investment portfolio.

The residential accommodation comprises three bedrooms, a bathroom and a reception room. Combined with the commercial premises, the property offers two separate rental streams under one freehold title.

Ideal for experienced landlords and investors alike, this ready-made investment offers an established income stream with potential for future rental growth and enhanced returns, subject to existing tenancy arrangements and necessary consents.

South Molton is a historic market town in North Devon, renowned for its independent shops, local businesses and traditional charm. Situated on South Street, the property benefits from a convenient location close to town centre amenities, cafés, shops and local services.

South Molton is an established commercial and residential hub serving the wider North Devon area. Its strong local business community, traditional retail offering and continued focus on supporting local commerce contribute to its appeal. The wider region also attracts residents, businesses and visitors, providing an established market for both residential and commercial property. This makes South Molton an appealing location for investors seeking long-term opportunities in North Devon.

A fantastic opportunity to secure a tenanted mixed-use freehold investment, offering immediate income, dual rental streams and the potential to strengthen your property portfolio.

Please note that letting and management charges may apply.

  • Financial Performance *
Gross rent
£17,100
Estimated annual running costs
£500
Net income
£16,600
Gross yield
7.13%
Net yield
6.92%

Fill in your details below to enquire about property YL-08701
3 Bedroom Block of Apartments

South Street, 
South Molton
By submitting your details you consent to being contacted by yieldit by telephone and/or email for this and similar marketing material.
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Floorplan/s
  • Location
  • EPC