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New North Road, Exeter, EX4

Key features

  • Studio Apartment
  • Central Location
  • Investment opportunity

Description

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. Tenure: Leasehold,
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
No parking
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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New North Road, Exeter, EX4

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About Northwood, Exeter

5 Southernhay West, Exeter, EX1 1JG
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Northwood was founded in 1995 in Portsmouth but now has a national network of branches from Aberdeen to Plymouth and from Cardiff to Norwich. We operate a high calibre letting, estate agency and financial services business and we are renowned for our unique Guaranteed Rental Income Scheme that is not an insurance policy. Contact us now!

With over 25 years experience in traditional property management, sales and financial services our Exeter team will be happy to help, whether you are looking to buy or let a property in the area or are looking to rent, you can be assured of our utmost attention at all times.

Northwood was founded in 1995 in Portsmouth, the Company boasts an ever-growing network of offices and this rapid growth is due to the high level of service offered to customers and the extremely professional way in which the company operates.

With our prominent location and prestigious office, our National network of branches, the quality of our property details and our internet advertising we are well placed to offer a truly comprehensive service.

Your mortgage

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£514
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Disclaimer - Property reference P2553. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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