ATTENTION INVESTORS - POTENTIAL 6.9% YIELD! City centre first floor, deceptively spacious, studio apartment with a large living / bedroom room, modern kitchen & bathroom. You could not be closer to the city centre plus long lease and low charges!
SUMMARY A great opportunity to own this studio flat, great first time buy opperunity or a high potential return on investment. The property is located in the heart of Exeter City Centre with a train station and bus stops only 1 minute away. Local shops and eateries are on your doorstep and Exeter cathedral is only a short walk.
The modern first floor studio flat has its own private entrance and consists of 1 large living/sleeping area with a fitted kitchen. The bathroom is separate and consists of a Shower, WC and hand wash basin.
LIVING//BEDROOM The living space has ample space for storage and a wall bed. Two large characteristic sash windows floading the room with light.
Cupboard space curently housing a washing machine.
KITCHEN sliding door provides access to a modern kitchen with built in matching units, stainless steel round basin with tap over, solid wood worktop, fitted oven with 4 ring hob and extractor fan over, and space for fridge freezer.
Window to the front of the room providing light throughout the property.
BATHROOM Good sized room with a modern shower with glass sliding doors, WC, hand wash basin, shelving for the essentials and window for extra ventilation.
LEASEDETAILS 999 year lease from 1979
Block Management Fee per year £669 (can be paid monthly £55.78)
AGENT'SNOTE Our lettings department would expect to achieve a rental valuation in the region of £750 per calendar month which on the current guide price would give a gross yield in the region of 6.5%. For any further information or any buy to let related advice please contact our lettings department.
