Bed icon  4  Bath icon  1

4 bed Investment Under Offer
Springfield Road, St James, Exeter
£410,000

  • Established four bedroom student HMO terrace house
  • Currently let for 1919/2020 generating £23,848 p.a.
  • Let fore 2020/2021 academic year for £24,772
  • Gas fired central heating and Upvc double glazed windows and doors
  • Price reduced 8th January 2020

Established four bedroom HMO student investment property in a very popular central location.

Let for the current academic year generating an income of £23,848 and with students in place for 2020/2021 providing an income of £24,772.

Upvc double glazing, gas central heating, enclosed rear gardens.

Price reduced 8th January 2020.

 

Description

A popular location for Exeter students being just a short walk to the Streatham Campus and Exeter City Centre. The property benefits from having established use as a four bedroom HMO. It is let for this academic year (2019/20) with an income of £23,848 and 2020/21 which will generate an income of £24,772.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES OF THE FOLLOWING

Upvc entrance door:

Vestibule:

Sunken mat well, glazed door to

Hallway

Radiator, coat hooks, cupboard under stairs rising to first floor housing gas and electric meters.

Living Room 3.81m (12'6") x 3.66m (12'0") into alcoves

Radiator, painted brick fire place and hearth.

Kitchen 3.33m (10'11") x 2.36m (7'9")

Radiator, stainless steel single drainer sink unit with cupboard below, work surfaces with further cupboards, drawers, appliance s[aces below, plumbing for washing machine. Appliance space for gas cooker, gas point, tiled splash backs, matching wall mounted cupboard units, two door larder cupboard, wall mounted boiler unit supplying domestic hot water and central heating, 8upvc double glazed door to rear garden.

Bedroom One3.63m (11'11") x 2.95m (9'8") into alcove

Radiator, built in wardrobe and shelving in alcoves, aspect to the rear.

First Floor Landing

Bathroom 2.36m (7'9") x 1.50m (4'11") plus deep recess

Radiator, pedestal wash basin, panel bath with wall mounted electric shower and rail, wall mounted medical cabinet, fully tiled surround.

Separate W/c

Wash hand basin, fully tiled surround.

Bedroom Two 3.63m (11'11") x 2.59m (8'6") 

Radiator, built in wardrobe in alcoves, aspect to the rear.

Bedroom Three 3.81m (12'6") x 2.31m (7'7")

Radiator, built in wardrobe in alcove, aspect to the front.

Bedroom Four 2.92m (9'7") x 2.34m (7'8")

Radiator, built in single wardrobe, aspect to the front.

Rear Garden

Enclosed walled gardens with crazy paved pathway and level lawns.

Agents Notes:

 

Council Tax:   Exeter City Council      Band B (Currently zero rated)

EPC Rating D (67)

For further information regarding this property please contact Andy Wilkinson

VIEWING BY APPOINTMENT PLEASE WITH CARDENS RESIDENTIAL

agent

For further details on this property please call us on:
01392 433866

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