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£160,000

Darwin Court, Melbourne Street, EX2

  • 1 bed
Flat
Under offer/SSTC

£160,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£730 per month

Minimum deposit amount:

£8,000
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SITUATION Melbourne Street is conveniently positioned in St Leonards and close to the city centre with its wide range of shopping and leisure facilities. Exeter College and the University of Exeter are nearby, whilst it offers a pathway just yards away which leads down to Exeter's Historic Quayside which is one of the most attractive areas of the city. 

OPEN-PLAN LIVING AREA Large open plan living area with plenty of space for furniture. In one corner, there is a large cupboard creating ample storage space. This room benefits from a lovely large window allowing lots of natural light to flood the large space. 

KITCHEN The fully fitted kitchen adds to this excellent open-plan living space. Featuring stylish burgundy tiling and modern appliances, the kitchen is fully fitted with plenty of worktop and cabinet space, a large fridge/freezer, electric oven & hob and dishwasher.  

BEDROOM Large double bedroom occupying a quiet position. This room includes a large fitted wardrobe with both shelving and hanging space. Large window allowing plenty of natural light.  

BATHROOM The ample sized bathroom has a bath with centrally placed overhead mixer shower, W.C, and hand wash basin. Heated towel rail, storage space and a good overview of St Leonard's Church. 

UTILITY ROOM Utility room housing combi boiler and washing machine. Automatic light.  

OUTSIDE Outside, the property benefits from one off-road parking space which are very sought after in the Exeter city Centre just minutes walk to the High Street. 

LEASE DETAILS £135 service charge payable per quarter to Exeter City Council
£21.58 Block insurance charges payable each quarter to Exeter City Council
Ground rent £10pa payable annually to Exeter City Council

Years remaining - 90 years. The lease was for 125 years from the 1st of February 1988.  

AGENT NOTES Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. These particulars do not constitute part or all of an offer or contract and Smart Estate agent has not verified the legal title of the property and the buyers must obtain verification from their solicitor. We have not tested any fixtures, fittings, equipment and it is the buyers interests to check the functionality of any appliances.

Our lettings department would expect to achieve a rental valuation in the region of £800 - £850 which on the current guide price would give a gross yield of 6%. For any further information or any buy to let related advice please contact our lettings department on 01392 905 907 and ask for Sophie Hopkins.  
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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