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8 bedroom terraced house for sale
66 & 67 Magdalen Street, Exeter, EX2
£875,000
66 & 67 Magdalen Street, Exeter, EX2
£875,000
Our Summary
- SEVEN FLAT INVESTMENT PROPERTYA rare and exciting City Centre residential investment opportunity comprising these two large period, mid-terrace properties currently comprising 7self-contained flats all being fully let on assured shorthold tenancies
- The properties, which have accommodation over five floors, now offer huge scope and potential for serious residential investors, some of whom that will envisage the continuation of the current set up of a strong yielding investment
- Others however may consider the formal break up and sale of the individual units, subject to any necessary consents being obtainable
- All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
Description
This is a rare investment opportunity in the City Centre, comprising two large period properties with 7 self-contained flats, all fully let on assured shorthold tenancies. The properties, spanning five floors, offer a strong yielding investment for some, while others may consider breaking them up and selling the individual units, subject to necessary consents. The flats have a mix of accommodation, including communal reception hallways, kitchens, living rooms, bedrooms, and bathrooms, with courtyard areas to the rear. The properties are freehold, subject to tenancies, and have varying EPC ratings. With ultrafast broadband and mobile coverage available, this is an attractive investment opportunity for serious residential investors. Viewings can be booked online for scheduled block appointments.