Alphington Road, Exeter
- PROPERTY TYPE
Apartment
- BEDROOMS
5
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Block of 3 flats
- Income of nearly £30,000
- Good sized flats
- Good sized rooms in flats
- No Chain
- Ready made investment
- Garden
- Off road parking
Description
Currently generating just under £30,000 per annum, with scope to further increase the rental income, this is a ready-made investment opportunity with excellent tenants already in situ. The property is offered for sale with no onward chain and a highly motivated seller, making it an opportunity not to be missed.
Upon entering the property, a communal entrance hallway provides access to the staircase serving the upper flats, as well as the entrance to Flat 1.
Flat 1 is a spacious two-bedroom apartment comprising a separate living room, separate kitchen and bathroom. This flat currently benefits from the use of the rear garden and off-road parking.
Flat 2 is another well-proportioned two-bedroom flat, offering two bedrooms, a separate living room, separate kitchen and bathroom.
Flat 3 features a modern and appealing layout, comprising a large double bedroom, shower room and an open-plan living, dining and kitchen area.
The property's location is a particular highlight. Situated on Alphington Road, it offers excellent access to Exeter city centre, the popular Exeter Quay, the M5 and A30, along with convenient transport links including nearby train stations and regular bus routes. With a wealth of shops, restaurants, leisure facilities and everyday amenities close by, the flats are ideally suited to working professionals and small families, ensuring continued strong rental appeal.
With a freehold title, three established flats, tenants in situ, off-road parking, rear garden and scope to enhance the existing rental income, this is an attractive and straightforward investment opportunity in a highly convenient Exeter location.
Viewing is highly recommended to appreciate the investment potential on offer.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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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Visit our security centre to find out moreDisclaimer - Property reference 102646009710. 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 Smart Property Group, 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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