This spacious basement flat is located in a desirable and secluded area, just a mile from Exeter city center and the University of Exeter. The property features a private entrance, living/dining room, kitchen, double bedroom, and modern bathroom with separate shower. The flat also benefits from private communal gardens to the side and use of Pennsylvania Park, a beautiful and tranquil area with mature trees and lawns. The property has a yield of around 6.5% per annum, making it a great investment opportunity. The lease has 92 years remaining, and the service charge is £1,788 per annum, which covers the ground rent of £100. The flat is in need of some modernization, providing a great opportunity for renovation and potential increase in rental income.