- Leasehold - 105 Years Remaining +
- Ground Rent - £19.91 / £239 PA +
- Service Charge - £220.83 / £2,650 PA +
- Estimated Net Rental Yield Of 8% +
- No Chain +
This bright and spacious modern apartment is ideally situated in the heart of Exeter city centre, offering both convenience and strong investment potential. Presented in excellent condition throughout, it provides a fantastic opportunity for investors, with an estimated net rental yield of 8%.
The apartment is accessed via a well-maintained communal entrance with stairwells and a lift to the second floor. Inside, the accommodation includes a welcoming hallway leading to a bright and spacious dual-aspect living room, featuring a balcony and a Juliet balcony with open views over the landscaped communal gardens. The modern kitchen flows seamlessly from the living area, while three generously sized double bedrooms include a master with an en-suite shower room. A further bathroom, double glazing, and electric heating complete this well-presented home.
The property benefits from a private, allocated underground parking space with a secure gated entrance, providing both convenience and peace of mind. Externally, the attractive communal gardens offer a pleasant outdoor space.
Located in the heart of Exeter, EX4 offers investors a prime opportunity with excellent amenities, attractions, and transport links. Nearby, Exeter Cathedral and Exeter Quayside provide cultural and leisure appeal, while Tesco Metro and Co-op offer everyday convenience. The Royal Albert Memorial Museum adds to the area’s historic charm. Exeter Central Railway Station, just 260 yards away, ensures excellent connectivity to major destinations, making this a highly desirable investment location.
Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.
To secure this property in accordance with our terms, a £6,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of £450 inc VAT, which is separate from the purchase price.
All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.
Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.