6 Bedroom Flat for sale in Magdalen Road, St Leonards

6 Bedroom Flat - £1,000,000

Magdalen Road, St Leonards

First listed on: 23rd July 2020

Nearest stations: St James' Park (Exeter) (0.7 mi)Exeter Central (0.8 mi)Exeter St Thomas (1 mi)Polsloe Bridge (1 mi)Exeter St Davids (1.3 mi)

Interested in this property? Call See phone number 01392 877240

Property Description

**INVESTOR OPPORTUNITY** Currently earning a 6% gross return these recently renovated block of luxury one and two bedroom apartments have been architecturally re-designed into a fine selection of desirable properties in a unique location.The St Leonards area of the city is just a short distance from the very centre of Exeter, recently named one of he fastest growing cities in the UK in terms of economic growth, which is boosted by locations like Magdalen Road.

On offer is package of 5 fully let apartments currently earning 6% gross (£60,000 pa) on ASTs. This location is one of the most popular renting areas in Exeter for professionals working in the city, RD&E hospital or university thus minimising the potential for rental voids. In addition as they are fully refurbished, maintenance costs are likely to be minimal, ensuring gross returns are achievable. 

THE DEVELOPMENT 91 and 93 Magdalen Road apartments have been finished to an extremely high standard. All the apartments offer a contemporary feel, with colour schemes carefully selected to work with the light and space.

The apartments have been fitted with high quality modern kitchens plus appliances. other features variably include private terrace, laundry room and Juliet balcony.

Situated on the famously trendy Magdalen road with ornate garden frontage, lighting and entry phone systems, a bicycle store and convenient, discreet bin store.  

THE MAGDALEN ROAD COMMUNTY Recently named in the top ten coolest shopping destinations in the world, by readers of the Guardian. Magdalen Road which is just a short walk to the Exeter Quayside and popular House Glass Pub, enjoys a wealth of independent shops many of which pride themselves upon being local, Fairtrade and sustainable. From contemporary hand-picked gifts & homewares to a farm shop, a travelling 'grocer on the green' fishmonger, Spanish cuisine, French delicatessen, health food and zero waste shop, plus the famous Café Magdalen to name but a few!  

EXETER Exeter, of recent years has been increasingly described as a vibrant and modern city, yet full of character and ancient history including the historic cathedral and quayside.

Well known for its outstanding university, medical school and 2017 premiership title owners, Exeter Chiefs, the city continues to excel. Leisure and entertainment venues are in abundance; cultural events and festivals plentiful. A truly cosmopolitan vibe with an array of superb coffee houses, gin bars and restaurants to enjoy when you need to take a shopping break from the excellent retailers that line the High Street, Princesshay, Harlequins and Guildhall shopping centre.  

SPECIFICATION  

KITCHEN Premium fitted Magnet cabinets in Durham midnight blue with copper handles, under cabinet LED's in all apartments, AEG multi function fan oven with touch control induction hob, integrated appliances, including fridge/freezer, dishwasher, and washing machine, colour and lighting throughout to enhance the sleep appearance and compliment the look, high quality whitewashed oak effect laminate throughout, energy efficient high output warm white LED downlights.  

LUXURY SHOWER ROOMS Luxuary walk-in showers with mains water dual head thermostatic mixer, with fixed drencher head and separate adjustable head, high quality white sanitaryware fittings, Waxman 'smart' 'Arkitect' mosaic tiles in white and light blue with fitted mirror and shaver point, high quality flooring in light grey and white, energy efficient high output warm white LED downlights. 

BEDROOMS All bedrooms will come with an integrated TV point, high quality whitewashed Oak effect laminate, energy efficient high output warm white LED downlights.  

INTERNAL FINISHES All apartments will be connected to a phone entry system, apartments finished with Dulux Beachcomber Grey, Dulux China White and Dulux Turtle Dove, Dulux China white satinwood finish to architrave skirting and linings, BT lines and Virgin Fibre available to all flats, Gas central heating in all apartments.  

COMMUNAL AREAS Engineered Oak flooring in communal halls, carpet to stairs and landings, light green walls and aubergine front doors with bespoke door numbering, chandeliers in entrance hall. 

EXTERNAL Externally there are communal gardens at the front, providing a pleasant buffer to the road, along with a residents courtyard at the rear with bin store and secure bicycle storage. 
**INVESTOR OPPORTUNITY** Currently earning a 6% gross return these recently renovated block of luxury one and two bedroom apartments have been architecturally re-designed into a fine selection of desirable properties in a unique location.The St Leonards area of the city is just a short distance from the very centre of Exeter, recently named one of he fastest growing cities in the UK in terms of economic growth, which is boosted by locations like Magdalen Road.

On offer is package of 5 fully let apartments currently earning 6% gross (£60,000 pa) on ASTs. This location is one of the most popular renting areas in Exeter for professionals working in the city, RD&E hospital or university thus minimising the potential for rental voids. In addition as they are fully refurbished, maintenance costs are likely to be minimal, ensuring gross returns are achievable. 

THE DEVELOPMENT 91 and 93 Magdalen Road apartments have been finished to an extremely high standard. All the apartments offer a contemporary feel, with colour schemes carefully selected to work with the light and space.

The apartments have been fitted with high quality modern kitchens plus appliances. other features variably include private terrace, laundry room and Juliet balcony.

Situated on the famously trendy Magdalen road with ornate garden frontage, lighting and entry phone systems, a bicycle store and convenient, discreet bin store.  

THE MAGDALEN ROAD COMMUNTY Recently named in the top ten coolest shopping destinations in the world, by readers of the Guardian. Magdalen Road which is just a short walk to the Exeter Quayside and popular House Glass Pub, enjoys a wealth of independent shops many of which pride themselves upon being local, Fairtrade and sustainable. From contemporary hand-picked gifts & homewares to a farm shop, a travelling 'grocer on the green' fishmonger, Spanish cuisine, French delicatessen, health food and zero waste shop, plus the famous Café Magdalen to name but a few!  

EXETER Exeter, of recent years has been increasingly described as a vibrant and modern city, yet full of character and ancient history including the historic cathedral and quayside.

Well known for its outstanding university, medical school and 2017 premiership title owners, Exeter Chiefs, the city continues to excel. Leisure and entertainment venues are in abundance; cultural events and festivals plentiful. A truly cosmopolitan vibe with an array of superb coffee houses, gin bars and restaurants to enjoy when you need to take a shopping break from the excellent retailers that line the High Street, Princesshay, Harlequins and Guildhall shopping centre.  

SPECIFICATION  

KITCHEN Premium fitted Magnet cabinets in Durham midnight blue with copper handles, under cabinet LED's in all apartments, AEG multi function fan oven with touch control induction hob, integrated appliances, including fridge/freezer, dishwasher, and washing machine, colour and lighting throughout to enhance the sleep appearance and compliment the look, high quality whitewashed oak effect laminate throughout, energy efficient high output warm white LED downlights.  

LUXURY SHOWER ROOMS Luxuary walk-in showers with mains water dual head thermostatic mixer, with fixed drencher head and separate adjustable head, high quality white sanitaryware fittings, Waxman 'smart' 'Arkitect' mosaic tiles in white and light blue with fitted mirror and shaver point, high quality flooring in light grey and white, energy efficient high output warm white LED downlights. 

BEDROOMS All bedrooms will come with an integrated TV point, high quality whitewashed Oak effect laminate, energy efficient high output warm white LED downlights.  

INTERNAL FINISHES All apartments will be connected to a phone entry system, apartments finished with Dulux Beachcomber Grey, Dulux China White and Dulux Turtle Dove, Dulux China white satinwood finish to architrave skirting and linings, BT lines and Virgin Fibre available to all flats, Gas central heating in all apartments.  

COMMUNAL AREAS Engineered Oak flooring in communal halls, carpet to stairs and landings, light green walls and aubergine front doors with bespoke door numbering, chandeliers in entrance hall. 

EXTERNAL Externally there are communal gardens at the front, providing a pleasant buffer to the road, along with a residents courtyard at the rear with bin store and secure bicycle storage. 
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Date History Details
24/07/2020 Property listed at £1,000,000

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Disclaimer

Disclaimer Property reference A5F04526428C58_100307010129. Details are provided and maintained by East of Exe. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

61 Fore Street

Topsham

Devon

EX3 0HL

Telephone: See phone number 01392 877240

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

Disclaimer

Disclaimer Property reference A5F04526428C58_100307010129. Details are provided and maintained by East of Exe. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

61 Fore Street

Topsham

Devon

EX3 0HL

Telephone: See phone number 01392 877240

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

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