01392 243077

Blackboy Road, Exeter £350,000

Sold STC
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  • 4 double bedroom maisonette
  • Ground floor shop (by separate negotiation)
  • Great investment property
  • Lots of potential
  • Sitting tenants

A unique investment property that is situated in very central location in the City centre. The property is a 4 double bedroom maisonette that is currently let to students and has an income of £24,200 (we believe this is being under let and the income should be at least £28,000 per year). There is also the benefit of a commercial shop on the ground floor, we believe this could be turned into a self contained flat (subject to planning) and let out for £10,000 per year. This ground floor commercial shop will be in addition to the above price if someone wanted this included.

Three story maisonette

This is a 4 double bedroom student property with sitting tenants currently paying - £126 a week per room over 48 weeks, we believe the property should be let at - £140 a week per room over a 50 week contract.

Ground Floor Shop

The ground floor shop is currently empty and someone could - convert it into a self contained flat and let it a student for £200 a week over 50 weeks or - let it back out as a commercial shop for circa £10,000 per year or - incorporate the shop into the main building

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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Blackboy Road
Exeter EX4 6SG
County: Devon
Sale Type: Sold STC
Ref #: 00000852

P: 01392 243077
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