Initial price	£190,000
21/04/22	£165,000
Price Change	-13.16%

This retirement flat in Exeter offers a hassle-free and long-term investment opportunity with a 6.5% gross yield. The property is located in a well-maintained complex with excellent on-site facilities, including a residents' lounge, laundry, and library. The flat itself is spacious and well-appointed, with a smart fitted kitchen, a double bedroom with built-in wardrobes, and a tiled bathroom. The property is tenanted until October 2022, with a rent of £900 per month, and the service charge is approximately £53 per week. The complex is pet-friendly and accepts residents aged 60 and over, with on-site staff and a Careline alarm system. The location is convenient for local amenities and transport links, making this an attractive investment opportunity for investors seeking long-term returns.