Studio for sale

Marcus House, New North Road EX4

Excellent First Time Buy or Investment! Ground Floor Studio Apartment with Balcony in Prime City Center Location. Newly Decorated Throughout and Offered Chain Free.

Summary Excellent First Time Buy or Investment!

Ground Floor Purpose Built Studio Apartment with Private Balcony within a Modern Development in the Heart of the City Centre, with easy access to the Railway and Bus stations. It is situated within walking distance to the University Of Exeter & Exeter College. Accommodation comprises of an Open Plan Kitchen/Living/Bedroom and a modern fitted Shower Room. Offered Chain Free and Newly Redecorated Throughout.

The Balcony is a wonderfully private area which is actually at 1st Floor Level due to the layout of the building.

Communal Entrance to the building is situated at Ground Floor Level from New North Road. Featuring a Secure Entry System.

Internal viewing is highly recommended of this superb studio apartment.

Entrance hall 6' 4" x 2' 11" (1.947m x 0.905m) Telephone Entry System, with Double Storage Cupboard/Wardrobe, Single Storage Cupboard containing the Water Heater and Door leading to the Shower room. With Wood effect Laminate flooring leading into the living area.

Shower room 6' 0" x 5' 2" (1.834m x 1.579m) White Sanitary Ware with Electric Shower, Electric Towel Radiator, Shaver Point & Grey tile effect Vinyl flooring.

Kitchen/living/bedroom 16' 9" x 13' 9" (5.121m x 4.207m) UPVC Double Glazed French Doors & Window to Private Balcony. Electric Heaters provide heating. Kitchen contains a range of Base and Wall Units with Electric Oven, Electric Hob, Freestanding Washing Machine, and Freestanding Fridge/Freezer. With Wood Effect Laminate Flooring throughout.

Balcony Private Balcony Area accessed via French doors from the Living Area.

Leasehold information Leasehold Information - Length of Lease: 125 years from 1 January 2005
Annual Service Charge: £1,740.76 approx.
Annual Ground Rent: £320.94
Service Charge Review Period: December
Ground Rent Review Period: December

lettings potential Lettings Potential - Rosewood Property Lettings Department have put an estimated rental value on this property of £800.00pcm providing a gross rental yield of 9%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings Department.

Viewing arrangements Viewing Arrangements - Strictly by appointment with Rosewood Property.