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2 Bed Flat, Exeter, EX1 2EX £195,000

1B St. Matthews Close, Newtown, Exeter, EX1 2EX - 22 days ago
  1. Deal Search
  2. Exeter
  3. EX1
  4. EX1 2EX
Leasehold
B2SA
ROI: 16%
70 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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  • More Deals in EX1
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Property History

Listed for £195,000

November 14, 2025

Floor Plans

Description

  • Second Floor Flat +
  • 2 Double Bedrooms +
  • Well Presented Throughout +
  • Spacious Living Room with City Views +
  • Modern Kitchen and Bathroom +
  • Excellent Location for Local Amenities including City Centre and RD&E Hospital +
  • Gas Central Heating and Double Glazing +
  • Communal Gardens +
  • Viewing Highly Recommended +

A spacious and well-presented second-floor flat situated within the popular residential area of Newtown. The property occupies a highly convenient position and is within easy reach of local amenities, the City Centre, and the Royal Devon & Exeter Hospital.

The well-presented accommodation comprises a communal entrance with stairs up to the second floor, entrance hall, a light and spacious living room with pleasant views across the surrounding area, modern kitchen, two double bedrooms, and a modern bathroom.

Outside are communal grounds and permit parking spaces (subject to availability)

Early internal viewing is highly recommended.

Leasehold Information - Length of Lease: 125 years commencing on 3 June 2019
Annual Service Charge: £160 every 3 months
Annual Ground Rent: £10 a year
Service Charge Review Period (Year/Month): January.
Ground Rent Review Period (Year/Month): January.

Material Information - Construction notes: Cavity Wall

Utilities: Mains water, gas, electricity, and drainage.

Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.

Referral Fee Disclosure - We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.

Lettings Potential - Naomi J Ryan Lettings Department have put an estimated rental value on this property of £1100 per calendar month, providing a gross rental yield of 6.8%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.

Agent Details

Naomi J Ryan, Exeter

01392 321418

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 EX1
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  • More B2SA Deals in EX1

Cashflows

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