1 bedroom flat for sale

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1 bedroom flat for sale

Portland Street, Exeter, Devon, EX1
£100,000

Price History

Initial price £125,000
18/10/24 £120,000
28/02/25 £110,000
31/07/25 £100,000
Price Change -20.00%

Description

This top-floor studio apartment in Newtown is being sold with no onward chain, offering an excellent opportunity for first-time buyers or investors. The property currently generates £600 per month in rental income from a long-term tenant, with an approximate yield of 6%. The apartment features an entrance hall, a separate kitchen with elevated views, ample storage, and an open-plan living space with a separate shower room. Its central location allows for easy access to the RD&E hospital, city centre, local amenities, transport links, and the University of Exeter, making it an attractive option for those looking for a convenient and affordable living space.