Studio Flat For Sale £115,000
New North Road, Exeter

A light and spacious third-floor studio apartment occupying a highly convenient central position within easy walking distance of the vibrant Princesshay Shopping Centre, Exeter High Street, Exeter Central Train Station, and the Southernhay Business District. The flat is accessible by both stairs and a lift to the third floor, and is being sold with no onward chain.

Offering well-presented accommodation throughout, the property comprises an entrance hallway with two built-in storage cupboards, an open plan kitchen/living/bedroom space with a fitted fold-down bed, and storage unit, perfect for maximising the use of space. The kitchen area is fitted with a built-in oven and hob. A door gives access to the balcony which provides a pleasant outside seating area overlooking the well-maintained communal grounds, and towards Exeter Cathedral. A modern shower room completes the accommodation.

Internal viewing is highly recommended for this superb studio apartment.

Leasehold Information - Length of Lease: 125 years from 1 January 2005
Annual Service Charge: £1740.72 for 2023
Annual Ground Rent: £238.92 for 2023
Service Charge Review Period: Reviewed annually
Ground Rent Review Period: Reviewed every 5 Years.

Viewing Arrangements - Strictly by appointment with Naomi J Ryan Estate Agents.

Referral Fee Disclosure - We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.

Lettings Potential - Naomi J Ryan Lettings Department have put an estimated rental value on this property of £675 per calendar month, providing a gross rental yield of 7%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.