Offers over
£150,000
2 bed town house for saleFlax Meadow Lane, Axminster EX13
2 beds
1 bath
EPC Rating: C
Freehold
About this property
Sold with Tenants in situ
Two versatile bedrooms
Quiet residential location
2 Parking Spaces
Council Tax Band C
High Yield Potential - 7%+
A ready-made investment opportunity located within the established residential area of Flax Meadow Lane, Axminster, with potential to generating £850 pcm from reliable long-term tenants with a strong payment history and no arrears.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside an attractive projected yield. Rental evidence within the EX13 postcode indicates average rents of approximately £1,013 pcm, with larger family homes achieving up to £1,250 pcm, supporting future rental growth potential as market rents continue to strengthen locally.
Presented in low-maintenance condition with no major works required, this property represents an ideal hands-off addition to any portfolio, offering immediate income, long-term capital growth prospects, and strong tenant appeal within the sought-after Axminster market.
Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside an attractive projected yield. Rental evidence within the EX13 postcode indicates average rents of approximately £1,013 pcm, with larger family homes achieving up to £1,250 pcm, supporting future rental growth potential as market rents continue to strengthen locally.
Presented in low-maintenance condition with no major works required, this property represents an ideal hands-off addition to any portfolio, offering immediate income, long-term capital growth prospects, and strong tenant appeal within the sought-after Axminster market.
Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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Monthly repayment
£750 per month
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