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Cowley Bridge Road, Exeter, Devon, EX4
1 bedroom flat/apartment in Exeter
£125,000 Leasehold
- 1
PICTURES AND VIDEOS
KEY FEATURES
- Purpose built student accomodation
- Larger than average studio
- 8.1% gross yield
- Comes with a fully equipped kitchen, bed, desk and chair included
- Let out until September 2023
KEY INFORMATION
- Tenure: Leasehold
- Council Tax Band: A
- Local Authority: Exeter City
Description
ONE BEDROOM PURPOSE BUILT STUDENT INVESTMENT.
Coldridge House was completed in 2015 and has been continually let out to students, with the current tenancy running from September 2022 until August 2023. The property is currently let on an 11 month tenancy at a passing annual rent of £7,150.
One of the benefits of Coldridge House is the size of the studios being much larger than the average student studio. In addition the studio comes furnished. The main university campus is approximately a 5/10 minute walk from Coldridge House.
DIRECTIONS
Coldridge House is located close to Exeter St Davids mainline railway station. From the station head towards Cowley Bridge, on the Cowley Bridge Road and the development is on the right hand side shortly after the Great Western Hotel.
UTILITIES
• Mains Electricity, gas, water and drainage.
LEASE INFORMATION
• Lease - 999 years from 2015
• Service Charge - £900 per annum.
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