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3 Bed Flat, Exeter, EX2 4HY £320,000

Magdalen Street, Exeter, EX2 4HY - 2 months ago
  1. Deal Search
  2. Exeter
  3. EX2
  4. EX2 4HY
Leasehold
B2SA
ROI: 6%
~93 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Exeter
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Property History

Listed for £320,000

October 15, 2025

Floor Plans

Description

  • Immaculate 3 bedroom City Centre apartment +
  • Light and airy with 3 large double bedrooms +
  • Modern fitted kitchen and bathroom +
  • Superb central location +

EXCELLENT INVESTMENT OPPORTUNITY! - This modern and spacious apartment has recently been fully re-decorated and re-carpeted throughout and offers spacious, light and airy accommodation in a great central location. Located at the bottom of Southernhay on Magdalen Street, the property is a short walk from the City Centre.

The first floor apartment comprises three large double bedrooms with high ceilings and plenty of natural light. There is a generous open plan kitchen / dining room which serves as a comfortable social space, at the rear is a large bathroom with shower over the bath. The property is currently rented to working professionals on a joint, periodic tenancy agreement at a monthly rent of £1500 excluding bills (which the tenants are responsible for). This equates to a gross return of just over 5.6% however there is scope for this to be increased. NB Flat 3 is also for sale and can be negotiated into any potential purchase, contact us for details.

Tenure: Leasehold (993 years left) plus share of freehold - please enquire for details
EPC Rating: E
Council Tax: Exeter City Council - Band B

EPC Rating: E

Agent Details

Hellier Ridley, Exeter

01392 321546

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Links

  • More Deals in Exeter
  • More Deals in EX2
  • More B2SA Deals
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  • More B2SA Deals in EX2

Cashflows

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