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3 bedroom apartment for sale
St. Matthews Close, Newton, Exeter EX1
£195,000
St. Matthews Close, Newton, Exeter EX1
£195,000
Our Summary
- Investment opportunity currently rented and to be sold with the tenants in situ with an income of £21,000 per annum
Description
This is an investment opportunity to purchase a well-presented three-bedroom second-floor apartment, currently rented and generating an annual income of £21,000. The property is situated in a sought-after location, within easy access to the road and city center, and features a lounge, three double bedrooms, kitchen/breakfast room, cloakroom, and shower room. The apartment has a range of modern features, including uPVC double-glazed windows, electric night storage heaters, and a fitted kitchen with integrated appliances. The property is leasehold, with 173 years remaining on the lease, and a monthly service charge of £95.45. The current tenants are in situ, making it an attractive opportunity for investors looking for a hassle-free investment. Viewings are highly recommended to appreciate the property's potential.