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Magdalen Street, Exeter, EX2

PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Immaculate 3 bedroom City Centre apartment
  • Light and airy with 3 large double bedrooms
  • Modern fitted kitchen and bathroom
  • Superb central location

Description

EXCELLENT INVESTMENT OPPORTUNITY! - This modern and spacious apartment has recently been fully re-decorated and re-carpeted throughout and offers spacious, light and airy accommodation in a great central location. Located at the bottom of Southernhay on Magdalen Street, the property is a short walk from the City Centre.

The first floor apartment comprises three large double bedrooms with high ceilings and plenty of natural light. There is a generous open plan kitchen / dining room which serves as a comfortable social space, at the rear is a large bathroom with shower over the bath.

The property is currently rented to working professionals on a joint, periodic tenancy agreement at a monthly rent of £1500 excluding bills (which the tenants are responsible for). This equates to a gross return of just over 5.6% however there is scope for this to be increased.

NB Flat 3 is also for sale and can be negotiated into any potential purchase, contact us for details.

Tenure: Leasehold (993 years left) plus share of freehold - please enquire for details
EPC Rating: E
Council Tax: Exeter City Council - Band B


EPC Rating: E

Kitchen / Dining Room

Open plan kitchen diner with modern fitted kitchen

Bedroom 1

Double bedroom

Bedroom 2

Double bedroom

Bedroom 3

Double bedroom

Bathroom

Bathroom with shower over bath

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: B
LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
Listed
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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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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Magdalen Street, Exeter, EX2

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About Hellier Ridley, Exeter

Elmbrook House, New North Road, Exeter, EX4 4LA
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Hellier Ridley Ltd offer professional property services with a personal touch.

We are a well-established team, with nearly 50 years' combined experience in the local market.

Covering small to large letting portfolios and all ends of the sales market, we blend deep local knowledge with a friendly, relationship-focussed approach. Our business is built around industry leading tools and technology to provide each of our clients the best possible service at a more competitive cost.

Whether you're selling, letting, or just seeking guidance, feel free to get in touch - no pressure, just honest advice.

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Disclaimer - Property reference 97395f03-c43d-44d9-aebb-1bcbf9f31a8e. 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 Hellier Ridley, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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