Investment opportunity or owner occupation.
Currently let and generating a monthly income of £895.00. Continuously let since 2005.
A well presented two bedroom second floor flat situated close to the city centre with balcony and allocated parking space.
Semi open plan living room and kitchen and a master bedroom with ensuite shower room.
Handy location for Exeter City, Central Station, and Exeter University.
Pleasant level communal gardens.
This is a well presented two bedroom second floor purpose built flat with private balcony overlooking well maintained communal gardens and is being sold as an investment opportunity or for owner occupation. It is currently let, generating a monthly rent of £895 and has been continuously let since it was purchased new in 2005. It further benefits from semi open plan living room and kitchen with a master bedroom with ensuite shower room, electric panel heaters and upvc double glazed windows and balcony doors.
It is situated in the city centre with easy access to Central Station, Exeter University and College, enjoying views of the communal gardens and Rougemont Park.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground Floor: Secure entrance door to
Reception Hallway: Passenger lift to
Second Floor: Communal hallway.
Private Entrance Door
Hallway: Wall mounted electric panel heater, built in cupboard with slatted shelving and electric water heater, further cupboard housing electric meters, wall mounted telephone intercom.
Living Room: 5.03m (16'6") x 3.66m (12'0")
Wall mounted electric panel heater, aspect to the east over communal gardens.
Kitchen: 3.66m (12'0") x 1.78m (5'10")
Stainless steel single drainer one and half bowl sink unit with hot and cold mixer tap and four ring electric hob, both set in L’shaped work surfaces with cupboards, drawers, appliance space below, washing machine, fridge/freezer, built in electric oven, tiled splash backs, matching wall mounted cupboard units, cooker hood and panel.
Bedroom One: 3.43m (11'3") x 3.05m (10'0") Maximum
Wall mounted electric panel heater. Built in double wardrobe with shelving and hanging rail, upvc double glazed doors to balcony.
Ensuite Shower Room: 2.90m (9'6") x 1.70m (5'7") Maximum
Shower tray with wall mounted mains powered shower and screen door, pedestal wash basin with hot and cold mixer tap, close coupled w/c, part tiled surround, wall mounted medical cabinet with corner shelving, shaver point, extractor fan.
Balcony: 3.96m (13'0") x 1.32m (4'4")
Overlooking communal gardens and with views of Rougemont Park to the south.
Bedroom Two: 3.66m (12'0") x 2.51m (8'3")
Wall mounted electric panel heater, aspect of communal gardens.
Bathroom/Wc: 2.11m (6'11") x 1.93m (6'4")
Wall mounted heater towel rail, panel bath with hot and cold mixer tap and integrated shower head, pedestal wash basin with hot and cold mixer tap, close coupled w/c, part tiled surround, shaver point and extractor fan.
Parking: One allocated underground parking space.
Outside: Well-maintained communal lawned gardens with patio seating areas.
Council Tax: Exeter City Council – Band C
EPC Band B (83)
Length of Lease: Original lease was 125 years from 1stof January 2005 – 108 years remaining.
Annual Ground Rent: £238.92 for 2021 - 2022
Ground Rent Review: Every 5 years
Annual Service Charge: £1,817.94 for 2021 - 2022
Service Charge Review: Annually.
For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM Of 24 HOURS NOTICE REQUIRED.