1 bed flat for sale

Red Lion Lane, Exeter EX1

Ideal investment with A 7% yield. Fabulously located right in the heart of Exeter is this nicely presented ground floor one bedroom apartment. French doors onto a south facing Juliette balcony from the living room, modern fitted kitchen and shower room. No ongoing chain. The property would make a perfect first home or investment property achieving a monthly rent of £825 (yield in the region of 7%)

Approach Secure communal entrance door to communal entrance hallway.

Communal hallway Spacious communal hallway with front door to flat 5.

Entrance hall Small entrance hallway with door to storage cupboard. Coat hanging space. Wall mounted electric night storage heater. Doors to living room and shower room.

Open plan living/dining/kitchen and bedroom Light and spacious open plan room featuring:

Living/dining area Spacious with Upvc double glazed french doors to Juliette balcony. Wall mounted electric night storage heater. Wall lighting. Leading through to the kitchen area.....

Kitchen area Open plan kitchen area with a range of base, wall and drawer units in a cream finish with wood effect trim. Roll-edge worktop with matching upstand and inset stainless steel sink. Integral single electric oven and hob with stainless steel splashpanel, and modern stainless steel cooker hood over. Integral washing machine. Space for freestanding fridge/freezer.

Bedroom area A half height wall divides the bedroom area from the open plan living/dining/kitchen area with space for a double bed and wardrobe.

Shower room White suite comprising; low level w.c., pedestal hand wash basin and glass folding door to large tiled shower enclosure with electric shower. Shaver point. Extractor fan. Recess spotlighting. Wall mounted electric ladder style radiator.

Agents notes: The property is Leasehold
Ground Rent - £200/Annum (paid yearly)
Service Charge - £1,270 per annum (paid half yearly)
109 Years Remaining on the lease
Council Tax Band: A - Exeter City Council