1 bed Flat for sale

Merlin Crescent, Exeter

Price

£145,000

Property Images |  Naomi J Ryan Estate Agents
Property Images |  Naomi J Ryan Estate Agents
virtualtour

Sold STC

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Property Features

  • No Onward Chain
  • Ground Floor Flat
  • Garden to Side and Rear
  • In Need of a Degree of Modernisation
  • One Double Bedroom
  • Convenient Location Near Local Amenities
  • Ideal Investment or First Time Purchase
  • Easy Access to the City Centre
  • Brick Built Storage Nearby
  • Gas Central Heating

Property Summary

A superb opportunity to purchase a ground floor flat in need of a degree of modernisation, offered for sale with no onward chain. The property offers convenient access to local amenities including a regular bus service, a local convenience store as well as Morrisons Supermarket and Northbrook Swimming Pool.

The accommodation is light and spacious throughout and comprises in brief a communal entrance hall, front door into a hallway, kitchen, lounge, bedroom and a bathroom. A particular feature of this property is the impressive garden at the side and rear, with a large patio and an area laid to lawn. The property also offers a useful brick built storage unit nearby.

Early internal viewing is highly recommended and a 360 Virtual Tour is available to view on our web site.

Full Details

360 VIRTUAL TOUR
A 360 degree Virtual Tour is available to view on our web site.

LETTINGS POTENTIAL
Naomi J Ryan Lettings Department have put an estimated rental value on this property of £650 per calendar month, providing a gross rental yield of 5.4%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings & Property Management Department.

LEASEHOLD INFORMATION
Length of Lease: 125 Years from July 1993
Annual Service Charge: £471.79 for current year.
Annual Ground Rent: £10.00
Buildings Insurance: £81.58 for current year.
Service Charge Review Period: The freeholder of the property is Exeter City Council and the service charge is estimated and then formally calculated at the end of each year so payments can increase and decrease depending on works carried out.
Ground Rent Review Period : Exeter City Council has advised that the ground rent has not been reviewed for many years and will remain at £10.00 per annum.

VIEWING ARRANGEMENTS
Strictly by appointment with Naomi J Ryan Estate Agents.

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Property Brochure

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Property Location

EPC

Floorplans

Property details

Features at a glance

Merlin Crescent, Exeter
Price £145,000
  • Type: Flat
  • Availability: Sold STC
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold

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