Salisbury Road, Mount Pleasant, Exeter, 3 bedroom, Investment

Established Three Bedroom HMO Student Investment
Currently Let for 2019/2020 Academic Year
Generating Ã‚Â£14,400 per Annum with room for improvement
Part Double Glazed and Gas Central Heating
Ideal Location for St Luke's and Streatham University Campuses

Established three bedroom HMO student investment property in popular central Exeter.

Currently let and with students in place for 2019/20 generating an income of £14,400 for this academic year with potential improvement.

Part double glazed windows and gas central heating.

Ideal location for both St Luke’s and Streatham University Campuses plus access to Exeter City Centre.

Description

A popular location for Exeter students being just a short walk to the Streatham and St Luke’s University Campuses plus access to Exeter City Centre. The property benefits from having established use as a 3 bedroom HMO. It is let for this academic year (2019/20) with an income of £14,400 with room for improvement for 2020/2021.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING

Ground FloorTimber Entrance door.

Vestibule

Sunken mat well, pert glazed door to

Hallway

Radiator, feature arch, stairs rising to first floor.

Living Room 4.55m (14'11") x 3.30m (10'10") into alcove.

Radiator, open fire grate with slate hearth, surround and mantel piece, built in cupboard in alcove with slatted doors, shelving, central ceiling rose, French doors to conservatory, cupboard under stairs housing gas and electric meters.

Kitchen 2.95m (9'8") x 2.34m (7'8") into door recess.

Double drainer sink unit with cupboards below, work surfaces with appliance space below, plumbing for washing machine (Installed), tiled splash backs, cooker panel, appliance space for electric cooker (Installed), further work surfaces with cupboard below, shelving, wall mounted electric fan heater, door to

Conservatory 2.57m (8'5") x 1.35m (4'5")

Wall mounted boiler supplying domestic hot water and gas central heating system, fridge freezer, door to rear garden.

Bedroom One 4.29m (14'1") x 3.45m (11'4") into bay and alcove.

Radiator, coved ceiling, picture rail, aspect to the front.

First floor

Half Landing

Bathroom 3.05m (10'0") x 2.67m (8'9")

Radiator, Panel bath, pedestal wash basin, low level w/c, glass shelving, separate shower tray with mains powered shower and screen door, part tiled surround, extractor fan, access to small roof space.

Landing

Access to main roof space.

Bedroom Two 4.24m (13'11") x 4.14m (13'7") into bay plus alcove.

Radiator, built in cupboards and shelving in alcoves, covered fire place with wood surround and mantel piece, aspect to the front.

Bedroom Three 3.33m (10'11") x 2.90m (9'6") into alcove.

Radiator, cast iron fire place with wood surround and mantel piece , built in wardrobe and shelving in alcoves, picture rail, aspect to the rear.

Rear Garden

Wall enclosed courtyard garden, pedestrian access to service lane.

Agents Notes:

Council Tax: Exeter City Council Band B

EPC Rating E (53)

For further information regarding this property please contact Andy Wilkinson