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Modern Buy-To-Let in Exeter

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

http://www.rightmove.co.uk/property-for-sale/property-41605737.html

 

Michael Fredriksson

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