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Guide prices may be amended at any time leading up to the auction.
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LOCATION
Exeter is a Cathedral and University City
situated just off Junction 30 of the M5
motorway within easy reach of the beautiful
Devon Coastline and Dartmoor. The property
is situated inside a mile of the City Centre,
the new Princesshay Shopping Centre and
John Lewis. Located on the northern side
of Blackboy Road close to its junction with
Polsloe Road the property benefi ts from being
in the heart of a popular and long established
residential area.
DESCRIPTION
The property fronts onto Blackboy Road and
is currently arranged as fi ve fl ats yielding a
current rent payable of approximately £26,220
per annum ­ please see schedule below and
review the on line Legal documents for full
details. The property requires comprehensive
refurbishment. To the rear is a good sized
terraced garden which is also in need of
reclamation.
ACCOMMODATION
Ground Floor Flat 1 ­ Kitchen/diner with
shower, bedroom. Separate wc in rear of
entrance hall. Flat 2 ­ Kitchen/diner through
to shower room (shower, wc and washbasin),
bedroom.
First Floor Flat 3 ­ Kitchen/diner through to
bedroom with en-suite shower room (shower,
wc, washbasin). Flat 4 ­ Kitchen/diner through
to bedroom. Separate bathroom with wc and
washbasin off half landing.
Second Floor Flat 5 ­ built into the roofspace
and providing Kitchen, lounge/diner, bedroom
and bathroom (bath, wc and wasbasin).
Outside Good sized rear garden on rising
levels and accessed via a door from rear of
ground fl oor hallway.
TENURE
Freehold
EPC
Energy Effi ciency Rating Flat 1 E, Flat 2
(not yet available) , Flat 3 F, Flat 4 F, Flat 5
(not yet available)
VIEWING
Exeter Fulfords. Tel: 01392 252666
Email: exeter@fulfords.co.uk
LOT 117
55 BLACKBOY ROAD,
EXETER, DEVON EX4 6TB
GUIDE PRICE £175,000+
Residential Building arranged as 5 fl ats - Current Rent Payable £26,220pa circa15% yield.
UNIT
TENANCY
Current Rent Payable
per month
Current Rent Payable Per
Annum Equivalent
Flat 1
AST
£485
£5,820
Flat 2
AST
£495
£5,940
Flat 3
AST
£425
£5,100
Flat 4
AST
£400
£4,800
Flat 5
AST
£380
£4,560
Total Income
26,220
Exeter Auction
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04/10/2013 12:19
04/10/2013 12:19