2 bed flat for sale

Richmond Road, Exeter EX4

Located in the very centre of Exeter, this Grade II listed, top-floor two double bedroom flat represents an excellent opportunity for both buy-to-let investors and first-time buyers. The property is currently let, providing rental income of £996 per calendar month, with the tenancy due to end at the end of summer, allowing for vacant possession thereafter.

Positioned on Richmond Road, the property benefits from an exceptionally convenient city centre setting, just a short walk from Exeter High Street, Exeter University, the Princesshay shopping area, local amenities, and excellent transport links. The location continues to attract strong and consistent demand from both professional tenants and owner-occupiers alike.

The accommodation comprises a spacious living area, a fitted kitchen, two well-proportioned double bedrooms, and a bathroom. The flat occupies the top floor of this attractive period building, enjoying an elevated position and the character features typical of a Grade II listed property.

Further benefits include residents’ on-street permit parking, adding valuable practicality for a city centre property.

The property is subject to a service charge of £136 per month, which includes building insurance, contributing to straightforward ongoing management.

With its central location, character appeal, and flexibility for either continued letting or owner occupation, this property presents a versatile and appealing opportunity in a high-demand area.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

£1,632.00

Service Charge Review Period

No review period

Lease End Date

25/03/2986

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.