Bed icon  5  Bath icon  1

5 bed Investment - Sold Subject to Contract
Park Road, Mount Pleasant, Exeter
£350,000

A two storey bay windowed terrace house with gardens.

Currently a five bedroom licenced HMO let on individual assured shorthold tenancy agreements generating an annual income of £24,000, a yield in excess of 6.8%.

Gas fired central heating and mostly Upvc double glazed replacement windows.

Within easy access for St Luke’s University Campus and Streatham.

Description

This is a traditional two storey bay windowed terrace house which is currently a licenced five bedroom HMO, let on individual assured shorthold tenancy agreements generating annually in the region of £24,000, a yield incess of 6.8%. The property is situated in a popular area with easy access to the RD&E Hospitals, St Luke’s University campus and Exeter City Centre.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING

Ground Floor Upvc Double Glazed Entrance door.

Vestibule: Parquet flooring, part glazed door to

Hallway

Radiator, feature arch, stairs rising to first floor with cupboard below housing gas meter, wall mounted control panel for gas central heating system, wall mounted electric meters.

Kitchen/Breakfast Room 5.33m (17'6") x 2.72m (8'11")

Radiator, stainless steel single drainer sink unit set in work surfaces with cupboards, drawers and appliance space below, plumbing for washing machine, further work surfaces with cupboards, drawers below, splash backs, matching wall mounted cupboard units, extractor fan, cooker panel, wall mounted boiler unit supplying domestic hot water and gas central heating system, upvc double glazed door to rear garden.

Bedroom One 4.09m (13'5") x 3.30m (10'10") into bay and alcove.

Radiator, Pedestal wash basin with tiled splash backs, picture rail, ceiling architrave, central ceiling rose, aspect to the front.

Bedroom Two 3.45m (11'4") x 2.77m (9'1") into alcove.

Radiator, pedestal wash basin with tiled splash backs, wall mounted medical cabinet, built in wardrobes in alcove with overhead storage cupboard, picture rail, aspect to the rear.

First Floor Half Landing

Shower Room 1.75m (5'9") x 1.65m (5'5")

Radiator, Close coupled W/c, shower tray with wall mounted electric shower and screen door, wash hand basin, extractor fan, fully tiled surround.

Bedroom Three 2.84m (9'4") x 2.72m (8'11")

Radiator, pedestal wash basin with tiles splash backs, wall mounted medical cabinet, built in wardrobes with overhead storage cupboards, picture rail, aspect to the rear.

Landing: Access to roof space, built in cupboards over the stairs

Bedroom Four 4.52m (14'10") x 4.14m (13'7") into bay and alcove.

Radiator, cast iron fire grate with wood surround and mantel piece, pedestal wash basin with tiled splash backs, wall mounted medical cabinet, picture rail, aspect to the front.

Bedroom Five 3.45m (11'4") x 2.77m (9'1") into alcove.

Radiator, pedestal wash basin with tiled splash backs, wall mounted medical cabinet, cast iron fire grate with wood surround and mantel piece, picture rail, aspect to the rear.

Outside

Front: Enclosed frontage laid out with stone chippings.

Rear: Lean to, mainly laid out with stone chippings, and paved patio area with flower bed borders, pedestrian access to service lane.

Parking: Resident permit holders obtainable through Devon County Council. Please check with them for availability.

agent

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

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