Commercial property for sale

Tenure: Freehold

Accommodation Summary

Due for Completion June 2013
Comprising 9 flats over three floors
Easy access to University and City centre

Directions

From the City centre proceed along New North Road towards the Clock Tower and crossing the railway bridge at the mini roundabout, take a right into Blackall Road. Take the second left onto Thornton Hill. The property will be found up the hill on your left.

Situation

Thornton Hill is an extremely sought after residential address within the Cathedral City of Exeter. Conveniently positioned for access into the City centre with its wide range of leisure and retail amenities including the recently built Princesshay shopping centre. There is an excellent choice of state and private schools whilst Exeter College and the University are close by. There are numerous restaurants, cinemas and theatres whilst St Davids railway station provides a direct link only 2 hours from london Paddington.

Description

A unique student accommodation investment. Brand new high specification purpose-built block of 42 en-suite rooms in spacious cluster flats in a private gated development in possibly Exeter's most favoured student residential address just a short walk from the University camous and the City centre.

Price Guide £3,000,000
Due for Completion June 2013
Estimated gross rental return: £272,160 p.a.

Comprising:-
9 flats over three floors
42 en-suite rooms of c. 10m2 - 12m2
3 x 6 bedrooms
6 x 4 bedrooms
Private gated grounds

Robust construction. High specification.

For further details contact Daniel Wilkinson 01392 875000 or Roger Wilkinson 01392 427500.