Hellier Ridley Ltd
Letting agent • Joined in Nov 2014
3 bed flat, Magdalen Street
Flat
3 bedrooms
1 bathroom
Magdalen Street, City Centre, Exeter Show on map
Available from 1 August 2027
Overview
EXCELLENT INVESTMENT OPPORTUNITY! - This modern and spacious apartment has recently been fully re-decorated and re-carpeted throughout and offers spacious, light and airy accommodation in a great central location. Located at the bottom of Southernhay on Magdalen Street, the property is a short walk from the City Centre.
The first floor apartment comprises three large double bedrooms with high ceilings and plenty of natural light. There is a generous open plan kitchen / dining room which serves as a comfortable social space, at the rear is a large bathroom with shower over the bath.
The property is currently rented to working professionals on a joint, periodic tenancy agreement at a monthly rent of £1500 excluding bills (which the tenants are responsible for). This equates to a gross return of just over 5.6% however there is scope for this to be increased.
NB Flat 3 is also for sale and can be negotiated into any potential purchase, contact us for details.
Tenure: Leasehold (993 years left) plus share of freehold - please enquire for details
EPC Rating: E
Council Tax: Exeter City Council - Band B
Amenities
- Immaculate 3 bedroom city centre apartment
- Light and airy with 3 large double bedrooms
- Modern fitted kitchen and bathroom
- Superb central location
Bills not included
You’ll pay separately for internet, water, electricity and gas.
Location
Magdalen Street, City Centre, Exeter, EX2 4HY
Property listed by
Hellier Ridley Ltd
Letting agent • Joined in Nov 2014
Hellier Ridley Ltd specialise in professional property services, with a personal touch. The one simple aim of our business is to offer our clients the friendliest and most personal service possible, we always like to build good personal relationships as well as professional ones with our clients and with over 15 years experience in the local market ranging from high end sales to large letting portfolios we are well equipped to offer help and advice to all ends of the market. Our business has been modelled on time and efficiency, many of the procedures and tools we use are there to allow us to dedicate more of our time to each client. By embracing modern technologies and methods that other agents have yet to adopt we can provide a much better service at a more reasonable cost. If you are thinking of selling or letting, or simply want some advice please do not hesitate to give us a call. There is no obligation to use our services and we may be able to offer something that your current agent can’t.
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