New North Road
Exeter, EX4

£110,000 Offers in excess of
111
Call Us 01392 435130

Features

  • Studio Apartment
  • Central Location
  • Investment opportunity
  • Council Tax Band: A

Description

Tenure: Leasehold

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. Council tax band: A, Tenure: Leasehold,

Documents

Floorplan
Download
EPC Certificate
Download

Mortgage Calculator

You could pay £579 a month for this property

Need more advice?
Please be aware, your results are only an estimate and should not be considered as a mortgage quote. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.