£190,000
1 bed flat for saleCollege Road, St Leonards, Exeter EX1
1 bed
1 bath
1 reception
EPC Rating: E
- Leasehold
Naomi J Ryan
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About this property
Highly Sought After Location
One Bedroom Ground Floor Flat
Private Rear Garden
Modern Kitchen
Ideal First Time Buy or Investment Opportunity
Electric Heating
Double Glazing
Walking Distance to Magdalen Road Shops
An excellent opportunity to purchase a one bedroom ground floor apartment with a private courtyard garden located in the prestigious area of St Leonards. This apartment represents an excellent investment opportunity or step onto the ladder.
The apartment is accessed via a secure communal door opening into a communal hallway leading to a private entrance. The accommodation has been well maintained by the current owner and comprises in brief entrance hall, open plan kitchen and living space, a double bedroom, modern fitted shower room and separate cloakroom. Outside there is a private courtyard garden with storage shed. A shared footpath provides access onto Raleigh Road.
Naomi J Ryan Estate Agents are delighted to bring this property to the market for sale and highly recommend internal viewing.
Leasehold Information
Length of Lease: 199 years commencing 23rd December 2008
Annual Service Charge: £240 per quarter
Annual Ground Rent: £50 per annum
Service Charge Review Period (Year/Month): Tbc
Ground Rent Review Period (Year/Month): Tbc
Lettings Potential
Naomi J Ryan Lettings Department have put an estimated rental value on this property of £850 per calendar month, providing a gross rental yield of 5.1%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.
Viewing Arrangements
Strictly by appointment with Naomi J Ryan Estate Agents.
Referral Fee Disclosure
We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
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More information
Tenure
Leasehold (185 years)
Service charge
£960 per year
Council tax band
A
Ground rent
Ground rent date of next review