Sidwell Street, Exeter
£450,000 - For Sale
For Sale
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property description

Cheeke Mews consists of four self-contained apartments located above the shops of Exeter’s Sidwell Street, close to the Bus Centre and John Lewis. All of the flats are generously proportioned, are in good decorative order and are currently rented under Assured Shorthold Tenancy Agreements.

The flats currently generate an income of approx £28,690 (6.4%), although current rental valuations suggest the rents could be increased to provide a gross yield in excess of £32,000. Located close to the city centre and Exeter University, this represents an excellent investment opportunity.

This region of Exeter has recently received much investment, which includes the ongoing redevelopment of the bus station to a leisure facility, as well as the construction of many bespoke student complexes, etc.

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