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2 Lansdowne Terrace, Exeter, Devon 4 bed block of apartments for sale
2 Lansdowne Terrace, Exeter, Devon
£200,000
2 Lansdowne Terrace, Exeter, Devon
£200,000
Our Summary
- The property now requires refurbishment and perhaps reconfiguration of its current accommodation
- The property, which is fully let, is likely to be of interest to investment buyers who may see further potential of its current accommodation, subject to all necessary planning consents being obtainable
- Residential EPC: EImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 12 June 2025
- For Sale by Online Auction
Description
This mid-terrace period property is a substantial investment opportunity, currently split into four self-contained apartments across five floors. The property is fully let, with each apartment having its own unique features, including private courtyards and shower rooms. The current tenancies are on Assured Shorthold Tenancy Agreements, with rental income ranging from £560 to £690 per month. The property requires refurbishment and potentially reconfiguration of its current accommodation, subject to obtaining necessary planning consents. With its prime location and potential for renovation, this property is likely to appeal to investment buyers looking to capitalize on its potential.