Good morning, it’s supposed to be a scorcher today, ideal for property hunting!
Northwood have listed a property arguably in one of the best developments in Exeter. A GREAT opportunity to purchase a lovely 4 bedroom modern property located in the highly desirable area of HORSEGUARDS. The property is situated in a SUPERB position within easy walking distance of the Exeter University Campus and the City Centre.
Its in good condition and it’s on the market for £356,000. The property is currently tenanted and receiving a rental income of £1,125, therefore producing a yield of 3.7%, if bought at asking price. I have seen better yields elsewhere but this is the sort of property that would attract long term tenants.
If you need advice regarding renting or selling, please call Northwood Exeter and speak to one of the team. The link below will take you to the full details on Rightmove
This1 bedroom apartment is in a great location. The accommodation comprises of an open plan lounge, diner and fitted kitchen. There is an open plan area off the lounge that can be used as a bedroom or additional storage. The property also benefits from a separate shower room and a large storage area. The property is double glazed and has gas central heating. and would be perfect for an investment buyer.
On the market for £125,000 which isn’t a bad price given the condition of the apartment. It is currently let out at £615 pcm which is a 5.9% yield. Being a leasehold property though, make sure you check with the agent, what the service charges & ground rent are, you will need to take this into account when looking at the finances. It’s not been on the market long, so don’t delay
Check this property out! Listed today by Northwood Exeter, I recommend that if you are in the market for a buy to let property, you should consider this one. Its in good condition. Currently tenanted, this property is ready to go. Market rent is £795 pcm, which on a purchase price of £225k generates a yield of 4.24%
The link for the full details is below, if you are interested give the agent a call