Shelly Road, Exmouth, EX8
INVESTMENT OPPORTUNITY. Two bedroom coach house with garage and store. Currently let with tenants in situ. Income is £825pcm, tenancy until March 2022. There is potential to increase this income to c.£950pcm.
Russell Walk is located on the popular Kings Heath development and walking distance to both Digby & Sowton railway station and Rydon retail park. Exeter city centre can easily be reached, either by car or regular public transport services.
This two bedroom coach house is offered in good
condition throughout. The accommodation on offer is two bedrooms, L shaped lounge/dining room, separate kitchen with some built-in appliances and shower room. Fitted with double glazing and gas central heating throughout. In addition to this, there is a garage and access to a private store room. The property is also being sold with the benefit of owning the freehold and freehold for the three remaining garages.
Outside: The property is situated on this modern
development with some open spaces, residence
parking and being within a short distance to Rydon retail park and Digby & Sowton railway station. The communal grounds are maintained by a private local management company.
Currently let at £825pcm, until March 2022 to the
same tenants for the last 7 years. The potential
rental income could be increased to c. £950pcm.
Location: Located within a short distance to regular rail and bus services for the city centre and beyond. Rydon retail park is also within a short distance with its selection of large shops and food outlets. In addition to this, access to the M5 can be easily reached. Ikea and the home of Exeter Chiefs rugby club, Sandy Park are also within a short distance. Exeter City centre with its extensive shops, restaurants, excellent NHS hospital and university are all accessible.
Offers in excess of £205,000 Leasehold
Offers in excess of £200,000 Leasehold