1 bed flat for sale in Augustus House, New North Road - Property Image 1

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1 bed flat for sale in Augustus House, New North Road, EX4 Guide Price of £125,000

1 bedroom

1 bathroom

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Guide Price of £125,000

1 bed flat for sale in Augustus House, New North Road, EX4 (ref: 102801001008)

Shortlist

Key Features

Central City location
Studio Flat
Private Patio enjoying views of communal gardens
Large storage cupboard separate from apartment
Investment Opportunity Earning £750 pcm
Allocated Parking Space
Walking Distance of City centre & Main University Campus
EPC - C
Leasehold
Council Tax Band A

A centrally located flat a short walk from the city centre with allocated parking and a patio enjoying beautiful communal gardens. This flat boasts a 17ft living room / bedroom, wardrobe cupboard, kitchen and shower room. A separate spacious storage cupboard separate from the flat just across the hallway.

The property is fully double glazed and is earning a monthly income from the current tenant in-situ.

SITUATION Augustus House is centrally located within the city centre of Exeter being a short walk from the main High Street, Cathedral, bars, restaurants and the University of Exeter's main Streatham campus. The central Exeter train station is in very close proximity to the flat providing access to Exeter St David's, which provides a comprehensive range of travel facilities including a direct line to the likes of London Paddington etc.

LEASEHOLD INFORMATION We have been advised there is a 125 year lease on the apartment which commenced in 2005, the remaining years left are approximately 109 years.

Ground rent from December 2020 - December 2021 was £238.00.

Current monthly maintenance payment is £176.00.

Stamp Duty Due

Based on a sale price of £125,000 the total amount of stamp duty payable will be:

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

What is Stamp Duty and how is it calculated?

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.