1 bed Flat For Sale, New North Road, Exeter EX4

Description

A well presented one bedroom first floor flat with allocated parking space and being sold with no onward chain. The property forms part of the former Imperial Hotel, an impressive Grade II Listed building, and is now currently run as a J D Wetherspoon pub. The City Centre, St Davids Train Station, and Exeter University Streatham Campus are all within easy reach.

The property is accessed via a well-maintained communal entrance hall with stairs to the first-floor landing. The accommodation comprises an entrance hallway, dual aspect living/dining room with tree-lined views to one side, kitchen, double bedroom, and bathroom with space and plumbing for washing machine. Outside, and a short walk from the property is an area of allocated parking bays where the property has one allocated parking space.

Early internal viewing is highly recommended and a 360 Virtual Tour is available to view on our web site.

Leasehold Information

Length of Lease: 189 Years from 1998 (165 years remaining)
Annual Service Charge: £1,257.08 per annum
Annual Ground Rent: £50.00 per annum
Service Charge Review Period: June 2022
Ground Rent Review Period: The ground rent is set to rise by £50 every 30 years, starting in 2030.

Lettings Potential

Naomi J Ryan Lettings Department have put an estimated rental value on this property of £750 per calendar month, providing a gross rental yield of 6%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.

Viewing Arrangements

Strictly by appointment with Naomi J Ryan Estate Agents. Please remember to bring hand sanitiser to use and a face covering to wear during your viewing.

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1 bed Flat For Sale £155,000 New North Road, Exeter EX4

1 bed Flat For Sale £155,000
New North Road, Exeter EX4