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3 bedroom end of terrace house for sale
Clifton Road, Exeter, Devon, EX1
£300,000
Clifton Road, Exeter, Devon, EX1
£300,000
Price History
Initial price | £325,000 |
06/06/24 | £307,000 |
22/08/24 | £300,000 |
Price Change | -7.69% |
Description
This investment opportunity in Newtown, near Belmont Park, offers a unique chance to acquire a freehold property with a long-standing commercial tenant on the ground floor and two studio apartments on the first and second floors. The property is situated just a short walk from local amenities, including shops, schools, and the RD&E hospital, making it an attractive location for tenants. The ground floor office has been leased to the same business for over 30 years, providing a stable income stream, while the two studio apartments are rented to working professionals. The property also features a kitchenette, WC, and enclosed courtyard with secure storage. With a total annual income of £26,352 and no onward chain, this property presents a rare and exciting investment opportunity.