New North Road

Exeter, EX4

Tenure: Leasehold

We are pleased to present this studio flat in a highly convenient location, offering an excellent opportunity for investors. The property features an open-plan lounge/bedroom/kitchen area with white goods included, and a separate shower room.

This apartment is being sold with the tenants in situ, currently paying £725.00 per calendar month. With this rental income, the property offers a strong gross yield of 7%.

Key details:

• Ground Rent: £238.92 per annum
• Service Charge: £145.99 per month
• Length of Lease: To be confirmed

After accounting for service charges and ground rent, the net rental yield is an attractive 5.34%.

Don't miss out on this fantastic investment opportunity. Contact us for further details or to arrange a viewing.

EPC rating: B. Council tax band: A, Tenure: Leasehold,