April 12, 2016
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