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Magdalen Street, Exeter, EX2

PROPERTY TYPE

Apartment

BEDROOMS

6

BATHROOMS

4

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

  • Smart and spacious 6 bedroom shared apartment
  • All double bedrooms, three with ensuite shower rooms
  • Brilliant location minutes from the City Centre

Description

EXCELLENT INVESTMENT OPPORTUNITY! - Now available for sale is this unique, light and airy 6 bedroom HMO situated in an excellent location at the bottom of Southernhay, and five minutes walk from the High Street

The first and second floor apartment comprises 6 double bedrooms, 3 of which having their own private ensuite bathroom, while the remain three rooms share a modern spacious shower room. On the second floor there is a generous communal room with fitted kitchen, breakfast bar and comfortable sitting area.

The property is currently rented to working professionals on individual tenancy agreements at a combined expected rent of £3745 per calendar month (inclusive of bills). This offers a competitive return of around 8.5% gross yield, with the potential for this to increased.

NB Flat 4 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 C


EPC Rating: D

Bedroom A

Spacious double bedroom with ensuite shower room

Bedroom B

Spacious double bedroom

Bedroom C

Spacious double bedroom

Bedroom D

Double Bedroom

Bedroom E

Double bedroom with ensuite shower room

Bedroom F

Spacious double bedroom with ensuite shower room

Kitchen Living Room

Modern fitted kitchen with breakfast bar and sitting area

Bathroom

Large shower room

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: C
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.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£2,417
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 4b864682-0127-4d2c-aa8e-6bd6d8a3923d. 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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