Tel: 01395 271800 | Email: sales@w2estates.com

Exeter Road, Exmouth
Offers in the Region Of £595,000

New
  • Front Elevation
    Exeter Road
  • Outlook to front
    Exeter Road
  • Rear Parking Space
    Exeter Road
  • Flat 1
    Exeter Road
  • Flat 5
    Exeter Road
  • Flat 6 to Rear
    Exeter Road
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  • Significant Investment Opportunity
  • Six Individual Flat (4 x 1 Bed & 2 x Studio)
  • Large Freehold Terraced Building
  • Various ASTs In Place
  • Current Yield In Excess of 5%
  • Second Similar Building Also Available
  • Genuine Investment Buyers Only Please

A unique opportunity to buy this large investment property arranged as six individual letting units consisting of 4 x 1 bed flats and 2 x studio apartments. No gas is supplied to any of the flats with electric showers and heating provided where available and as stated on each EPC (available in full online).

An approximate annual yield in excess of 5% is currently being achieved.

NOTE: This is one of two properties which adjoin each and are of a similar layout being offered for sale simultaneously. An excellent opportunity for those seeking to portfolio build in the lettings market.

Communal Entrance Hallway

Flat 1 | EPC: C
A Well-proportioned 1 bed flat with separate open plan sitting/dining/kitchen and shower room with WC. Views across gardens to front.

Flat 2 | EPC: D
A Well-proportioned 1 bed flat with separate open plan sitting/dining/kitchen and shower room with WC. Located to rear of building.

Flat 3 | EPC: C
A Well-proportioned 1 bed flat with separate open plan sitting/dining/kitchen and shower room with WC. Located to rear of building.

Flat 4 | EPC: C
A well-proportioned 1 bed flat with open plan sitting/dining/kitchen. Shower room with WC. Views to front toward Exeter Road Church.

Flat 5 | EPC: C
A top floor studio flat with open plan kitchen/sitting room/bedroom and views towards Exeter Road church. Separate Shower room/WC.

Flat 6 | EPC: D
A well-proportioned ground floor studio flat with private entrance to rear of building. Open plan kitchen/sitting/dining/bedroom room. Shower room with WC.

Outside
To the front of the property are steps from the Exeter Road leading up to an area of lawned garden and the communal entrance.
To the rear of the property is a small courtyard area and bin storage space with organised racking for recycling boxes.

Click to enlarge

Exeter Road
Exmouth EX8 1QA
County: Devon
Sale Type: For Sale
Ref #: 01957

T: 01395 271800

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