£107,500
Est. Mortgage £538 per month*Get Pre-Qualified

Studio flat for sale

Marcus House, New North Road
studio Flat studio Flat

Property description

SUMMARY Excellent First Time Buy or Investment!

Ground floor purpose built studio apartment with private balcony within a modern development in the heart of the City Centre, with easy access to the railway and bus stations. It is situated within walking distance to the University Of Exeter & Exeter College. Accommodation comprises of an open plan kitchen/living/bedroom and a modern fitted Shower Room. Offered chain free and newly redecorated throughout.

The balcony is a wonderfully private area which is actually at 1st Floor Level due to the layout of the building.

Communal entrance to the building is situated at ground floor level from New North Road. Featuring a secure entry system.

Internal viewing is highly recommended of this superb studio apartment.

ENTRANCE HALL 6' 4" x 2' 11" (1.947m x 0.905m) Telephone entry system, with double storage cupboard/wardrobe, single storage cupboard containing the water heater and door leading to the shower room with wood effect laminate flooring leading into the living area.

SHOWER ROOM 6' 0" x 5' 2" (1.834m x 1.579m) Recently renovated new white sanitary ware with electric shower, electric towel radiator, shaver point & grey tile effect vinyl flooring.

KITCHEN/LIVING/BEDROOM 16' 9" x 13' 9" (5.121m x 4.207m) uPVC double glazed French doors & window to private balcony. Electric heaters provide heating. Kitchen contains a range of base and wall units with electric oven, electric Hob, freestanding washing machine, and freestanding fridge/freezer. With wood effect laminate flooring throughout.

BALCONY Private balcony area accessed via French doors from the living area.

LEASEHOLD INFORMATION Leasehold Term: 125 years from 1 January 2005
Annual Service Charge: £1,740.76 approx.
Annual Ground Rent: £320.94
Service Charge Review Period: December
Ground Rent Review Period: December

LETTINGS POTENTIAL Lettings Potential - Rosewood Property Lettings Department have put an estimated rental value on this property of £800.00pcm providing a gross rental yield of appox 9%. If you would like further information regarding this or any aspect of letting a property, please contact our Lettings Department.
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First listed

Over a month ago

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Marcus House, New North Road

Marketed by

Rosewood Property - Exeter Rosewood Property, Rosewood House, 6 Northernhay Place Exeter, Devon EX4 3QJ
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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Rosewood Property - Exeter. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rosewood Property - Exeter for full details and further information.