Maisonette for sale in Topsham Road, Exeter EX2

This 4 bedroom investment property is currently let out on a room by room bases generating an income of £27000 per annum, providing the potential for a 10% return. No chain.

Full description Extremely spacious maisonette currently rented out on a room to room basis.

Located on Topsham road next to the prestigious area of St Leonards, this property is conveniently located for access to the city centre, Exeter rd&E and the M5 and A30. The river Exe is only a few minutes walk away and there are lots of transport links close by.

As you enter the property the stairs lead to the first floor which consists of a large lounge. The extremely spacious lounge has a bay window and more than enough space for a dining table. There is a separate fitted kitchen with plenty space for kitchen essentials and appliances. There is also a double bedroom and a separate WC on the first floor.

Located on the second floor are 3 more double bedrooms, all very light and airy. There is also a large bathroom which consists of a WC, hand wash basin and bath with shower overhead.

Front door

stairs to first floor

lounge 18' 8" x 12' 11" (5.7m x 3.94m) max Spacious living room with bay window, recess for dining area. Feature wall mounted electric fire.

Kitchen 8' 10" x 7' 9" (2.7m x 2.38m) Fitted kitchen with door giving access to balcony and steps down to rear access.

Toilet

bedroom 10' 7" x 6' 11" (3.24m x 2.13m) Double room with recess for wardrobe rear aspect with far reaching views to Haldon Hill

stairs to second floor

bedroom 12' 11" x 10' 7" (3.94m x 3.24m) Max Double room with a front aspect.

Bedroom 12' 1" x 8' 10" (3.7m x 2.71m) Max Double room with front aspect.

Bedroom 10' 7" x 10' 7" (3.24m x 3.23m) Double room with a rear aspect and far reaching views ti Haldon Hill

bathroom White suite with electric shower over the bath, wc and wash hand basin.

Agents notes Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. These particulars do not constitute part or all of an offer or contract and Smart Estate agent has not verified the legal title of the property and the buyers must obtain verification from their solicitor. We have not tested any fixtures, fittings, equipment and it is the buyers interests to check the functionality of any appliances.

Other information Lease Length - Approx 85 years - An agreement has been made to extend this.
No management charges
Ground rent is £20pa