3 Bed Flat, Exeter, EX2 4HY £320,000

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

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