Sold subject to contract
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£110,000

Studio for sale

New North Road, Exeter EX4

  • Leasehold

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: B

Key information

Northwood - Exeter

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About this property

  • Studio Apartment

  • Central Location

  • Investment opportunity

Investment Opportunity. We are pleased to offer this studio flat in a convenient location. The property comprises of lounge/ bedroom/ kitchen area with white goods and a shower room.

This apartment is being sold with the tenants in situ. The tenants are currently paying £695 per calendar month. This will provide you with a gross yield of 7%.

The service charges are as follows

Ground rent £238.92 per annum

Service charge £145.99 per month

Length of lease: Tbc

Rental yield after service charge and ground rent are deducted is 5.34%

EPC rating: B.

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Northwood - Exeter

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