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Leasehold

Offers over

£180,000

1 bed flat for sale

College Road, St Leonards, Exeter EX1
1 bed
1 bath
1 reception
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Offers over

£180,000

1 bed flat for sale
College Road, St Leonards, Exeter EX1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

Leasehold

About this property

  • Highly Sought After Location

  • One Bedroom Ground Floor Flat

  • Private Rear Garden

  • Modern Kitchen

  • Ideal First Time Buy or Investment Opportunity

  • Electric Heating

  • Double Glazing

  • Walking Distance to Magdalen Road Shops

An excellent opportunity to purchase a one bedroom ground floor apartment with a private courtyard garden located in the prestigious area of St Leonards. This apartment represents an excellent investment opportunity or step onto the ladder.

The apartment is accessed via a secure communal door opening into a communal hallway leading to a private entrance. The accommodation has been well maintained by the current owner and comprises in brief entrance hall, open plan kitchen and living space, a double bedroom, modern fitted shower room and separate cloakroom. Outside there is a private courtyard garden with storage shed. A shared footpath provides access onto Raleigh Road.

Naomi J Ryan Estate Agents are delighted to bring this property to the market for sale and highly recommend internal viewing.

Leasehold Information

Length of Lease: 199 years commencing 23rd December 2008
Annual Service Charge: £240 per quarter
Annual Ground Rent: £50 per annum
Service Charge Review Period (Year/Month): Tbc
Ground Rent Review Period (Year/Month): Tbc

Lettings Potential

Naomi J Ryan Lettings Department have put an estimated rental value on this property of £850 per calendar month, providing a gross rental yield of 5.1%. 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.

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.

More information

  • Tenure

    Leasehold (185 years)

  • Service charge

    £960 per year

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

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Naomi J Ryan

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