Studio for sale

Marcus House, New North Road EX4

A very well presented top floor studio apartment situated in the city centre with new carpets to the entrance and new vinyl to all kitchen area and shower room. The studio has just been redecorated throughout. Kitchen area comes with appliances. There is a balcony which enjoys sun into the evening. There is a shower room and a large storage cupboard. The property is conveniently situated close to the railway station and is serviced by a lift. There is no parking provided with this property but permit parking is available nearby.

Marcus house Marcus house is a purpose built development constructed back in 2005. Marcus House is particularly popular given its proximity to the city centre, the railway stations and the bus depot. Marcus House has a secure entrance with both stairs and a lift to all floors.

Reception hall From the communal hallway a door gives access to the reception area where there is a large storage cupboard as well as another cupboard housing the hot water tank.

Studio area 16' 9" x 13' 9" (5.129m x 4.205m) Spacious studio space with French doors out to the balcony which enjoys afternoon sun. There is a fitted kitchen with electric hob and fitted cooker. Electric heaters and a free standing fridge freezer. This room has brand new carpet and vinyl and has been freshly decorated.

Shower room 5' 11" x 5' 1" (1.814m x 1.554m) 3 piece suite comprising of an enclosed shower cubicle, a pedestal wash basin and a low level w/c. There is a heated towel rail and new vinyl has just been fitted.

Letting potential Marcus house is very popular for tenants and our Lettings Department estimate a current rental estimate to be £800 pcm which represents a gross rental yield of 8.9%. For more information please contact our letting team.

Anti money laundering checks Agents are required by law to conduct anti-money laundering checks on all those buying a property. We outsource the initial checks to a partner supplier Landmark who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £25 + VAT per person. This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.

Servcie charges and ground rent The Service Charge is approx: £1855.92pa and the Ground Rent is £320.94pa.