>
Studio flat for sale
Marcus House, Exeter
£110,000
Marcus House, Exeter
£110,000
Our Summary
- 92 (payable annually 1st January)Service Charge Review Period (Year/Month): Reviewed annually in JanuaryGround Rent Review Period (Year/Month): Last reviewed in 2022Lettings Potential - Naomi J Ryan Lettings Department have put an estimated rental value on this property of £700 per calendar month, providing a gross rental yield of 7
Description
This light and spacious fourth-floor studio apartment is situated in a highly convenient central location, within walking distance of the Princesshay Shopping Centre, Exeter High Street, Exeter Central Train Station, and the Southernhay Business District. The property features an open-plan kitchen/living/bedroom space, a modern shower room, and a balcony with a pleasant outside seating area. The apartment is accessible by both stairs and a lift and is being sold with no onward chain. The lease has 106 years remaining, and the annual service charge is £1,751, with an annual ground rent of £238.92. The property has potential for letting, with an estimated rental value of £700 per calendar month, providing a gross rental yield of 7.3%.