Under Offer
Guide Price of £675,000

7 bed house for sale in College Road, St Leonards, Exeter, EX1 (ref: 102801001024)

Shortlist

Key Features

  • Set within St Leonards
  • Versatile Victorian Period Building
  • Five Floors of Accommodation
  • Period Entrance Hall
  • Sympathetically Restored
  • No Onward Chain Complications
  • Short Distance to Magdalen Road Stores
  • Potential Scope to Upgrade / Increase Income
Set within ST LEONARDS is this elegantly presented versatile Victorian Residence offering accommodation over five floors, this home is awash with period features and has been sympathetically restored in many parts to offer a twist of modern living within this period residence.

An elegant Victorian Apartment conversion set over five floors incorporating four apartments. On the ground floor there are two one bedroom apartments with the rear apartment having a garden and basement.

The front ground floor apartment is currently having a refurbishment and upgrade with work anticipated to finish by the end of December 2021/early January 2022. At first floor level there is a spacious two bedroom apartment with the likelihood of a refurbishment required as the current tenants have been within the apartment since 1999 and the apartment is looking a little tired.

The second floor apartment is a three bedroom Student Apartment set over two floors and has had an upgrade over the last few years, it is very appealing with its bright/light interior and comfortable to live within.

SITUATION Set within St Leonards and a short walk from the highly acclaimed independent stores of Magdalen Road where you can find a superb range of indulgent stores from the likes of Bon Gout, St Leonards Bakery, Ben's Farm shop, Gibson's Plaice fishmongers and many more - why not check it out and give your local support!..

The High Street of the Cathedral City of Exeter is less than a mile away, for larger shopping facilities there is a Waitrose approximately a quarter of a mile away and the University of Exeter's St Luke's campus is just at the end of the road.

DIRECTIONS For further information please contact Brett Hampton within our office who has a wealth of experience within the Investment property marketplace and the High End residential marketplace respectively.

AGENTS NOTES A versatile large Victorian residence split into four apartments that has under gone a good degree of refurbishment over the years and is requiring some further work in the future, however this apartment building is situated within a prime St Leonards area within Exeter and offers a great investment opportunity with the highly likelihood of being able to increase yield and value in the future.

1) Apartment One is currently undergoing refurbishment and will be marketed at £700PCM at the end of the year.

2) Apartment Two is currently let at £640 PCM

3) Apartment Three is currently let at £550 PCM

4) Apartment Four is currently let at £110pp/pw on a 48 Week agreement *being marketed at £130pp/pw for the 2022/23 Academic year.

Stamp Duty Due

Based on a sale price of £675,000 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.

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

Property Images

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Further Details

  • Status: Under Offer
  • Reference: 102801001024

Location

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