Shelly Road, Exmouth, EX8
This two double bedroom upper floor apartment is set in this lovely Georgian town house close to the city centre. The property would make an ideal investment opportunity for either student or residential letting.
Oxford Road is located within a short walk to the cathedral city of Exeter and Exeter university, making this property an ideal investment purchase for either students or a residential let. The property would also make an ideal first-time purchase or second home. The property is set in a large 150-year-old Georgian building and in a lovely residential street.
Situated on the upper floor and accessed via a communal hallway, this two double bedrooms flat offers spacious rooms with a refitted white gloss kitchen with built in appliances, good sized living room and refitted family bathroom. The property has recently been redecorated throughout and is now offered in good condition throughout. The property offers some great views to the front over the local residential area and beyond. Parking in the road is resident permit with some free two-hour parking spaces nearby.
Close to both the city centre and university. The city offers an extensive range of shops, restaurants, coffee shops and cafes. In addition to this, is the impressive cathedral and grounds, many historic buildings. The river Exe runs through the city with some great cycle and walkways to enjoy. The historic Quay also offers a selection of restaurants and cafes and boat trips along the river. Exeter also offers great transport links to some major roads, railway, and international airport.
Student potential Income £135 per week, per room
Potential income over 11 months £12,800
Potential yield of 7.15%
The property was previous let via Winkworth on a residential tenancy at £795 per month
Lease remaining: 987
Ground Rent: £15 Per month
Maintenance Charge: (Block Management Agency) £45 per month
Offers in excess of £205,000 Leasehold
Offers in excess of £200,000 Leasehold