Haldon Road, Exeter, Devon, EX4

This ground floor leasehold studio flat presents an excellent opportunity for buyers seeking an affordable entry into the market or investors looking for a value-adding project. The accommodation is arranged across a well-proportioned single living space, enhanced by a feature bay window which allows plenty of natural light to flow into the room, creating a brighter and more inviting atmosphere.

The property benefits from a good amount of storage, a notable advantage for a studio flat, helping to maximise usable living space and improve day-to-day practicality. While the flat would benefit from updating and modernisation, it offers significant scope for improvement and personalisation, making it a great refurbishment project with clear potential to enhance both rental appeal and overall value.

Externally, residents have access to a communal driveway and shared outdoor space, situated to the side and rear of the building, providing a useful additional amenity rarely found at this level. The property is currently let at £625 per calendar month, offering immediate income for investors while retaining future flexibility.

Overall, this is a promising investment opportunity with scope to improve, well suited to investors, developers, or buyers looking for a ground floor studio flat with outdoor space and long-term potential.

The central heating system was updated in 2018 with new combi-boilers and radiators.

*Some images have been edited with AI to showcase how the property may look without the personal belongings.

Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00. These services are optional.