- FIRST TIME HOME or INVESTMENT +
- 3 BEDROOM PROPERTY +
- CHARMING +
- GREAT CITY CENTRE LOCATION +
- CLOSE TO WAITROSE & CITY CENTRE +
SUMMARY Nestled in the highly sought-after area of Newtown, this charming three-bedroom terraced house offers the perfect blend of period character and modern comfort.
Previously let as a successful student property, East John Walk also presents an excellent opportunity for first-time buyers or families seeking a well-located and versatile home.
The property is thoughtfully laid out and deceptively spacious, providing flexible living accommodation throughout. Its proven track record as an investment property further enhances its appeal, while its inviting atmosphere and practical layout make it equally well-suited for everyday family living.
Location: Ideally located within walking distance of Exeter City Centre, Exeter University St Luke's campus, RD&E hospital and there is a Waitrose supermarket on the doorstep.
Living Space: Cosy and comfortable living space with feature and character fireplace.
Bedrooms: 3 good sized bedrooms, the property is arranged over three floors so feels spacious and uncrowded.
Outdoor Area: Enclosed low maintenance rear courtyard
Parking: The road is pedestrianised, there is residential permit parking nearby.
Property Tenure: Freehold
Council Tax: C
EPC: D
LOUNGE 12' 6" x 10' 2" (3.81m x 3.1m) Fireplace, radiator, uPVC double glazed window with front aspect.
KITCHEN/BREAKFAST ROOM 10' 6" x 6' 11" (3.2m x 2.11m) uPVC double glazed window with rear aspect, radiator, boiler, cooker, plumbing and space for washing machine, gap for another appliance. Sink with mixer tap and drainage.
BATHROOM 6' 9" x 6' 11" (2.06m x 2.11m) Radiator, uPVC double glazed window with side aspect, sink, WC and bath with shower.
BEDROOM 1 14' 4" x 10' 2" (4.37m x 3.1m) Radiator, uPVC doubled glazed window with front aspect, build in wardrobes and storage.
BEDROOM 2 10' 7" x 10' 2" (3.23m x 3.1m) Radiator, uPVC doubled glazed window with rear aspect.
BEDROOM 3 15' 9" x 16' 9" (4.8m x 5.11m) uPVC double glazed window with rear aspect, eves storage, radiator,
LETTINGS/RENTAL INFORMATION Student Lettings - In the current condition it could achieve a rent of £137 pw pp, total monthly rent £1,779, yearly total rent of £19,569 which is a 6.5% yearly yield. Has the potential with some improvements to achieve a rent increase to £155 pw pp, total monthly rent £2,013, yearly total rent £22,143 which is a 7.4% yearly yield.
Residential Lettings Potential - Rosewood Property Lettings Department have put an estimated rental value on this property of £1200pcm. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings Department.
SERVICES SERVICES Electric Supply: Mains
Heating Supply: Mains Gas
Sewerage: Mains
Water Supply: Mains
Mobile Signal: Several networks showing as available including EE, Vodaphone, 3 and 02
Broadband: Standard, Superfast and Ultrafast