Robert Williams are pleased to present to the market a rare opportunity to acquire a luxurious first floor apartment in Princesshay at the heart of the Cathedral City of Exeter. Perfect for professionals, retired, or those needing a city bolthole. Open plan living room with fully equipped quality kitchen, master bedroom, and luxurious bathroom. Sold with NO ONWARD CHAIN.
This impressive apartment is situated in the heart of Exeter within the Princesshay development, the hub of shopping and dining at the centre of the county capital and Cathedral City. There are many high street and independent stores, restaurants and bars close by. Exeter has all the sporting facilities you could wish for as well as cinemas and a theatre. The quayside with further dining and shopping opportunities is within easy reach alongside the River Exe and ship canal. Exeter is surrounded by the rolling Devon countryside affording the opportunity for cycling and walking. Dartmoor National Park can easily reached by car.
Glazed doors lead from the pedestrianised area to the building lobby with entry phone system, personal post box and a lift and stairs ascending to the first floor. A wide covered walkway leads to the front door where there is space for a café style table and chairs allowing you to sit and watch the world go by from behind the balustrading. The entrance hall welcomes you with oak effect flooring and wall mounted electric feature fireplace. There is a generous storage cupboard also housing the boiler. The open plan living room is a fabulous dual aspect space with a balcony giving views over impressive older buildings as well as taking in the cathedral, also with space for alfresco dining. The quality kitchen has high gloss white storage cupboards with a black granite work top. The four ring Neff hob has an extractor over and oven below, and there is a stainless-steel inset sink. There is space for dining furniture and in the sitting area is fitted a feature coal effect fireplace with mantle. Floor to ceiling patio doors flood the room with light and lead to the balcony. The double bedroom has a wall of glass framing the view to the cathedral and a built in wardrobe. The luxurious bathroom has a quality white suite including a jacuzzi bath with rain shower over, hand wash basin, WC, heated towel rail finished with attractive tiling. A window gives natural light.
Leasehold 99 years from July 2007. Ground rent currently £100 PA revised every 25 years. Service and maintenance charge of £512 per quarter.
We would anticipate a rental value in the region of £950-1000 pcm giving a gross yield of around 5.2%.
Mains Electricity, water, drainage and gas. Gas central underfloor heating.