October 21, 2016
Ideal First Time Investment Property Exeter
Are you looking to invest in buy to let in EXETER but not sure where to start? Look no further as this property could be a possibility!
An opportunity to acquire a modern 2 bedroom ground floor flat in a popular and sought after area of Exeter. The accommodation comprises of an open plan lounge and dining area with a modern fitted kitchen, 2 double bedrooms and a fully fitted bathroom. The property has the benefit of gas central heating and double glazing, it also has a private balcony and an allocated parking space. The property is currently let and is receiving £710PCM .
This is a SUPERB investment opportunity. Based on a purchase price of £172,500 and a rent of £710 pcm, you would be looking at a 4.9% RETURN.
As this is a leasehold property however you would need to consider the terms of the Lease. Please call Northwood Exeter for further details.