• Investors only +
• Rental income of £17,000 per year +
• No chain +
• Good condition +
• Great location in the heart of Exeter +

This two bedroom apartment is located in the heart of the city centre and is an ideal investment property. The property benefits from a lounge/dining room, a modern kitchen, a modern bathroom, a study and from being SOLD with sitting tenants. The current tenants are paying £17,000 per year.

Hallway - Door to the communal hallway, wall mounted heater, airing cupboard, doors to,

Study - 8' 2'' x 6' 1'' (2.49m x 1.85m) - Wall mounted heater

Family Bathroom - 7' 0'' x 6' 4'' (2.13m x 1.93m) - A p-bath with shower over, a low level w/c, a wall mounted wash hand basin, extractor fan,

Bedroom 2 - 13' 2'' x 7' 0'' (4.01m x 2.13m) - Double glazed window to the front aspect, wall mounted heater,

Bedroom 1 - 13' 1'' x 10' 9'' (3.98m x 3.27m) - Double glazed window to the front aspect, wall mounted heater, built in wardrobe,

Lounge/Diner - 14' 4'' x 16' 9'' (4.37m x 5.10m) - Double glazed french doors to the balcony, double glazed window to the front aspect, wall mounted heater, opening up to the kitchen,

Kitchen - 12' 8'' x 6' 1'' (3.86m x 1.85m) - A range of matching floor and wall mounted kitchen units with a roll top worktop and drawer units, a stainless steel sink with a drainer and mixer tap over, integral oven, inset 4 ring hob with extractor over, integral fridge, freezer, washing machine, dishwasher.

Balcony - Over looking Sidwell Street, plenty of room for table and chairs.

Lease - The vendor has advised the lease has until 2114 so circa 89 years remaining. Ground rent is £25 per half year, service charge including cleaning and electricity in communal areas is £1020 per half year.

Information - These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.