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1 bed flat for sale

£150,000 Guide price

Verney Street, Exeter EX1

1 bed flat for sale 1 1 1
Interested in this property? Call +44 1392 976659 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • One Large Double Bedroom
  • Modern Kitchen
  • Open Plan Lounge / Dining Space
  • Open Plan Living
  • Exeter City Centre Location
  • Ample Storage Throughout
  • Quiet Tucked Away Location
  • Council Tax Band A

Property description

Guide Price £150,000 - £160,000.An excellent opportunity to purchase a one bedroom apartment located directly in the Exeter City Centre. The apartment located in a lovely position, walkable distance to all amenities & transport links.

Summary A spacious apartment located in the heart of the City Centre which is great for all amenities including, shops, restaurants, amenities and access to the Quay. The property is ready to move into and great for first time buyers or investors.

As you enter the property there is an intercom system for access.

Property is modern throughout, fully fitted kitchen, modern tiled bathroom, double bedroom with fitted storage space and an open plan lounge / dining room.

Communal entrance hall Property secure doors leading to lift access or staircase.

Kitchen Stainless steel single drainer sink unit, double oven with four ring electric hob, set in l'shape work surfaces with cupboards, drawers, and appliance space below, appliance space for fridge/freezer, tiled splash backs, cooker hood, and extractor fan.

Living / dining room Large open plan living area with plenty of space for furniture. In one corner, there is a large bookcase storage unit which provides plenty of space or could be utilised to open the room out even more. There is also space for a large sofa and dining table. This room benefits from double UPVC opening doors allowing lots of natural light to flood the large space.

Bedroom Large double bedroom which includes a large fitted wardrobe with both shelving and hanging space. Corner reading space next to the window. Wall mounted electric night storage heater.

Bathroom White suite comprising; low level w.c., pedestal hand wash basin and bath with shower over with glass screen. Shaver point. Extractor fan. Recess spotlighting. Wall mounted electric ladder style radiator.

Lease details agents notes: The property is Leasehold
Ground Rent - £200/Annum (paid yearly)
Service Charge - £1,270 per annum (paid half yearly)
109 Years Remaining on the lease

Council Tax Band: A - Exeter City Council

agent notes Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. These particulars do not constitute part or all of an offer or contract and Smart Estate agent has not verified the legal title of the property and the buyers must obtain verification from their solicitor. We have not tested any fixtures, fittings, equipment and it is the buyers interests to check the functionality of any appliances.

Our lettings department would expect to achieve a rental valuation in the region of £750 - £850 which on the current guide price would give a gross yield of 6%. For any further information or any buy to let related advice please contact our lettings department on and ask for Sophie Hopkins.

Property info

Floorplan(s): Floor Plan

Floor Plan View original

Property value data/graphs for EX1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £495,316 £269 3.5 £454,465
Semi-detached £352,053 £287 3.3 £358,845
Terraced £323,161 £249 3.1 £285,278
Flats £255,480 £282 1.7 £180,253

Current asking prices in EX1

Average: £386,693
Avg. current asking prices in EX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £164,875
(2)
£286,158
(25)
£345,340
(72)
£465,233
(36)
£620,374
(8)
Flats £189,844
(26)
£350,667
(33)
£485,000
(3)
- -
All £188,061
(28)
£322,861
(58)
£350,927
(75)
£465,233
(36)
£620,374
(8)

Current asking rents in EX1

Average: £1,965 pcm
Avg. current asking prices in EX1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £638 pcm
(6)
£1,040 pcm
(3)
£1,451 pcm
(4)
£2,246 pcm
(8)
£2,153 pcm
(14)
Flats £824 pcm
(16)
£1,947 pcm
(12)
£2,377 pcm
(2)
- £3,467 pcm
(1)
All £773 pcm
(22)
£1,765 pcm
(15)
£1,759 pcm
(6)
£2,246 pcm
(8)
£2,241 pcm
(15)

Fun facts for EX1

Highest value in EX1
Highest value streets Zed-Index
Palmer Close £644,409
Cranbrook Walk £627,871
Monkerton Drive £551,822
Ringswell Avenue £551,244
Huntsham Road £546,146
Highest turnover in EX1
Highest turnover streets Turnover
Huntsham Road 37.0%
Ladysmith Lane 36.4%
Gittisham Close 35.7%
Ross Close 35.3%
Leypark Crescent 33.3%
Arrange Viewing

For more information about this property, please contact
Smart Estate Agent Ltd, EX1 on +44 1392 976659 * (local rate)

Monthly running costs Beta

£769 Monthly total

Mortgage

Purchase price
Deposit (10%) 15,000
Repayment term 25
Interest rate 2.0
Your payment £572 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £17 Electricity £32 Estimated energy cost £49/mo

Similar properties could save up to £133

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Exeter

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £15 Sewerage £22 Estimated water cost £37 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Smart Estate Agent Ltd, and do not constitute property particulars. Please contact Smart Estate Agent Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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