This studio apartment is a fantastic first-time buy or investment opportunity, located in the heart of Exeter's City Centre. The property features an open-plan kitchen/living/bedroom, modern fitted shower room, and a private balcony at 1st floor level, accessed via French doors. The apartment has been newly redecorated throughout and benefits from a secure entry system and communal entrance from New North Road. With easy access to the university and college, as well as the railway and bus stations, this property is perfectly situated for students and professionals alike. The leasehold information includes a 125-year lease from 2005, with an annual service charge of £1,740.76 and annual ground rent of £320.94. With an estimated rental value of £800.00pcm, this property offers a gross rental yield of approximately 9%.