Bed icon  5  Bath icon  2

5 bed Investment Under Offer
Polsloe Road, Mount Pleasant, Exeter
£400,000

  • A Fine Victorian Terraced House currently used as a five bedroom Licenced HMO
  • Would make an idea Student Investment property
  • Easy access to St Luke's, the medical school and Streatham Campus
  • A fine Victorian terraced house currently used as a 5 bedroom licenced HMO investment property.
  • Would make an ideal student investment with five double letting rooms.
  • Handy for St Loyes, the medical school and Streatham University Campuses

Introduction

This is a fine Victorian terraced house which is currently set up as a five bedroom Licenced HMO let on individual assured shorthold tenancy agreements generating an income of £16,800 from four of the occupied rooms. The property has the potential to become a student house for the 2020/2021 academic year which would boost the income to in the region of £28,000 per annum. Its location is handy for St Luke’s, Streatham Campuses and the medical school plus Exeter City Centre which is approximately 1 mile away.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING

Ground Floor

Solid entrance door to:

Vestibule

Sunken met well, part glazed door to

Hallway

Radiator, feature arch, stairs rising to the first floor with recess below and cupboard.

Communal Room 3.73m (12'3") x 3.25m (10'8") maximum

Radiator, Built in cupboard in alcove door to

Kitchen 3.28m (10'9") x 3.12m (10'3")

One and half bowl stainless steel single drainer sink unit, work surfaces with cupboards, drawers, and appliance space below, matching wall mounted cupboard units, cooker hood, control panel for central heating system, wash hand basin, door to rear garden.

Conservatory/Utility Room 3.48m (11'5") x 1.85m (6'1")

Work surfaces with cupboards belo0w, appliance spaces for fridge and fridge/freezer, plumbing for washing machine.

Bedroom One 4.88m (16'0") x 4.04m (13'3") into bay and alcove

Radiator, central ceiling rose with light fitting, ceiling architrave, aspect to the front.

Bedroom Two 3.86m (12'8") x 3.15m (10'4") plus recess

Radiator, covered fire place with hearth surround and mantel piece, picture rail, built in cupboards in alcove, French doors on to conservatory.

First Floor: Half landing

Bathroom One 2.01m (6'7") x 1.75m (5'9")

Panel bath with wall mounted electric shower and screen, fully tiled surround, close coupled w/c, pedestal wash basin.

Bedroom Three 3.94m (12'11") x 3.25m (10'8") into door recess and alcove

Radiator, wash hand basin with tiled splash backs, cast iron fire place with wood surround and mantel piece, aspect to the rear.

Landing

Bedroom Four 4.88m (16'0") x 3.56m (11'8") into bay and alcove

Radiator, covered fire place with wood surround and mantel piece, picture rail, wash hand basin with cupboard below and tiled splash backs, built in wardrobe in alcove, ceiling architrave, aspect to the front.

Bedroom Five 3.86m (12'8") x 3.53m (11'7")

Radiator, cast iron grate with wood surround and mantel piece, wash hand basin with tiled splash backs, built in wardrobe in alcove, aspect to the rear.

Bathroom Two 2.72m (8'11") x 1.73m (5'8")

Panel Bath with hot and cold mixer tap and integrated shower head, wash hand basin with tiled splash backs, close coupled w/c, extractor fan.

Outside Rear:

Enclosed courtyard garden with flowerbed borders, a wall enclosed garden shed for storage, cupboard housing boiler supplying domestic hot water and gas fired central heating, pedestrian access to service lane.

Outside Front:

Steps and laid to lawn.

Agents Notes:

Energy Rating: D59

Council Tax:            Exeter City Council     Band C

For further information regarding this property please contact Andy Wilkinson

VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM OF 24 HOURS

agent

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

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