**Standout Features:**
- Prime location in popular student neighborhood
- Current annual rental income of £22,752 (7.8% return)
- Fully furnished with modern fixtures
- Three spacious double bedrooms
- Modern fitted kitchen with essential appliances
- Energy-efficient with an EPC rating of C (78)
- Share of the freehold
**Potential Downsides:**
- Overall size is modest (587 sq. ft.)
- Conduct a thorough check on wear and tear due to high tenant turnover
Discover a fantastic investment opportunity with this stylish three-bedroom apartment on Mount Pleasant Road, Exeter. Nestled in a desirable and vibrant student area, this property is poised to attract tenants effortlessly—with a commendable current annual income of £22,752, representing a lucrative 7.8% return on investment.
This apartment is thoughtfully furnished and features three generous double bedrooms, a bright lounge/diner, and a modern kitchen equipped with essential appliances, including a washing machine and dishwasher. Additional conveniences like a well-appointed bathroom, separate tumble dryer, and an intercom system enhance comfort and security. With gas central heating and double glazing installed, tenants will appreciate a cozy and energy-efficient living environment.
The property's location caters to a cosmopolitan lifestyle, offering a wealth of nearby amenities such as cafes, shops, and healthcare facilities, ensuring convenience for both residents and prospective renters. Although the apartment is on the smaller side, it offers great potential for smart furniture arrangements, making it ideal for the student demographic. Don’t miss your chance to own this well-located gem, ready for immediate rental or personal use; properties in this sought-after area don’t stay on the market long!
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