3 bedroom apartment

New North Road, Devon EX4 4HG

Size: 90 sqm

Purchase price

£252,500

Size: 90 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £17,400
Ground rent £230
Service charge £2,160
Lettings fees £2,714
Net income £12,296
Gross yield 6.89%
Net yield 4.87%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom apartment is in the heart of Exeter and comes with an allocated parking space, enquire today to avoid disappointment.


EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom apartment is in the heart of Exeter and comes with an allocated parking space, enquire today to avoid disappointment.

This wonderful three bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double doors leading to a juliet balcony; fully fitted kitchen with all appliances included; master bedroom with three piece shower en-suite; three piece family bathroom with shower over bath; two extra double bedrooms both with double glazed windows. The property is on the first floor and comes with an allocated parking space.

Julius House is in the heart of Exeter, which is currently due to undergo a regeneration scheme that will include; 250 build-to-rent homes and a budget hotel on Sidwell Street, a four star hotel opposite John Lewis, the relocation of the Civic Centre into a new public sector hub, housing to replace the existing civic centre, a new office quarter, food, drink and retail outlets, as well as a new square and civic space in Paris Street, which would attract more tourists as well as create thousands of new job opportunities.

Property prices in Exeter continue to rise, The average price for property has risen 0.26% in the last three months (since October 2020) and rise of 5.57% since 12 months ago, making now the perfect time to invest.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Three bedroom apartment

Key features

First floor

Key features

Allocated parking space

Key features

Generous Lease

Key features

Excellent location

Key features

Great transport links

Key features

Shops and amenities nearby

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom apartment is in the heart of Exeter and comes with an allocated parking space, enquire today to avoid disappointment. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom apartment is in the heart of Exeter and comes with an allocated parking space, enquire today to avoid disappointment.

This wonderful three bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double doors leading to a juliet balcony; fully fitted kitchen with all appliances included; master bedroom with three piece shower en-suite; three piece family bathroom with shower over bath; two extra double bedrooms both with double glazed windows. The property is on the first floor and comes with an allocated parking space.

Julius House is in the heart of Exeter, which is currently due to undergo a regeneration scheme that will include; 250 build-to-rent homes and a budget hotel on Sidwell Street, a four star hotel opposite John Lewis, the relocation of the Civic Centre into a new public sector hub, housing to replace the existing civic centre, a new office quarter, food, drink and retail outlets, as well as a new square and civic space in Paris Street, which would attract more tourists as well as create thousands of new job opportunities.

Property prices in Exeter continue to rise, The average price for property has risen 0.26% in the last three months (since October 2020) and rise of 5.57% since 12 months ago, making now the perfect time to invest.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Three bedroom apartment
    Tick Desktop First floor
    Tick Desktop Allocated parking space
    Tick Desktop Generous Lease
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops and amenities nearby
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £17,400
Ground rent £230
Service charge £2,160
Lettings fees £2,714
Net income £12,296
Gross yield 6.89%
Net yield 4.87%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.