01392 243077

Red Lion Lane, Exeter Guide Price £170,000

Sold STC
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Guide Price £170,000 to £180,000 - A two double bedroom flat that is situated in the heart of the City Centre. The property is an ideal investment for someone as we believe the property will rent for £16,000 per year to students, which gives the property a yield of 9.4%. The property benefits from an open-plan Lounge/dining/kitchen room, a bathroom, and a long lease.


Double glazed door to the communal hallway, wall mounted heater, airing cupboard, doors to,

Bedroom 1

7' 2'' x 12' 6'' (2.18m x 3.81m)

Double glazed window to the rear aspect, wall mounted heater,

Bedroom 2

13' 5'' x 8' 6'' (4.09m x 2.59m)

Double glazed window to the rear aspect, radiator,

Family Bathroom

A panel bath with shower over, a pedestal wash hand basin, a low level w/c, a heated towel rail, extractor fan,

Lounge/Dining/Kitchen Area

9' 10'' x 26' 3'' (2.99m x 7.99m)

Kitchen Area

A range of matching floor and wall mounted kitchen units with a roll top worktop and drawer units, inset sink with drainer and mixer tap over, integral two door oven, inset hob with extractor over, space for fridge/freezer and washing machine,

Lounge/Diner Area

Double glazed window to the rear aspect, wall mounted heater


The lease has 117 years remaining, the charges are circa - £900 per year for the service charge - £200 per year for the ground rent

Agents Notes

These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.

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Red Lion Lane
Exeter EX1 2FG
County: Devon
Sale Type: Sold STC
Ref #: 00000723

P: 01392 243077
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