1 bedroom flat for sale

>

1 bedroom flat for sale

Red Lion Lane, Exeter EX1
£140,000

Our Summary

  • Well-Presented Throughout: This property is ready to move into, requiring no immediate work or refurbishment
  • Investment Opportunity:

Description

This charming 1-bedroom ground floor flat in the sought-after EX1 postcode is a fantastic opportunity for first-time buyers or investors. The property features a spacious living area, modern kitchen, comfortable bedroom, and well-appointed bathroom, all of which are well-presented throughout. Currently let until July 2025, generating a steady rental income of £900 per month, this property is a great investment opportunity. Located in a prime location, the flat is close to shops, restaurants, and green spaces, and is well-connected to the heart of the city. With a 121-year lease remaining, flexible purchase options, and a reasonable ground rent and service charge, this property is an excellent choice for those looking to get on the property ladder or add to their investment portfolio. With an asking price of £145,000, this is an opportunity not to be missed.