1 bedroom flat for sale

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1 bedroom flat for sale

Portland Street, Exeter, Devon, EX1
£110,000

Price History

Initial price £125,000
18/10/24 £120,000
28/02/25 £110,000
Price Change -12.00%

Description

This top-floor studio apartment in Newtown is being sold with no onward chain, making it an excellent opportunity for first-time buyers or investors. The property is currently rented out for £600 per calendar month, providing a 6% yield, and has the potential to increase to at least £750 per month in today's market. The apartment features an entrance hall, separate kitchen with elevated views, ample storage, and a light and airy open-plan living space with a separate shower room. Its central location is just a short walk from the RD&E hospital, city centre, local amenities, transport links, and the University of Exeter, making it a highly desirable property.