1 bedroom flat for sale

>

1 bedroom flat for sale

Haldon Road, Exeter EX4
£120,000

Our Summary

  • A one bedroom first floor flat in need of modernisation and offered to the market for sale with no onward chain
  • Leasehold Information - Length of Lease: 999 years commencing 2008Annual Service Charge: Our clients have advised no service charge is payableAnnual Ground Rent: £100 per annumService Charge Review Period (Year/Month): N/AGround Rent Review Period (Year/Month): TBCLettings Potential - Naomi J Ryan Lettings Department have put an estimated rental value on this property of £900 per calendar month once it has been refurbished throughout, providing a gross rental yield of 9%
  • Requires Renovation

Description

This one-bedroom first-floor flat is available for sale with no onward chain and is situated in a highly convenient location, providing easy access to the City Centre, University Campus, and train stations. The flat needs modernization and is being sold as-is. The property features an entrance hall, living/dining room, kitchen, bedroom, and bathroom, and is being sold with a 999-year lease. The annual service charge is £0, and the ground rent is £100 per annum. According to Naomi J Ryan Lettings Department, the estimated rental value of the property is £900 per month, providing a gross rental yield of 9%. The property has mains electric, water, and drainage, and broadband and mobile coverage is available in the area. The property is being sold with a referral fee disclosure, stating that the agent would receive a fee of £200 from The Mortgage Quarter if the buyer uses their services.