Bed icon  6  Bath icon  2

6 bed Investment For Sale
Old Tiverton Road, St James, Exeter
£595,000

A well-presented six bedroom terraced licenced student HMO with a contract in place for the 2020/2021 academic year

Generating an income of £36,000 over that period.

Good sized bedrooms, kitchen, utility, communal living room and two shower rooms with w/c, rear gardens.

Gas central heating and upvc double glazed windows.

Excellent location for both St Luke’s and Streatham University campuses and Exeter City Centre.

Description

This is a well presented and spacious six bedroom licenced HMO let to students for the forthcoming 2020/2021 academic year, generating an income of £36,000 over the period. The property further benefits from gas fired central heating, upvc double glazed windows, kitchen, additional communal living room and two shower rooms with w/c’s. It is situated in central Exeter with easy access to both St Luke’s and Streatham University campuses as well as Exeter City Centre.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING

Ground floor:  Entrance door to

Vestibule: dado rail, part glazed door to

Hallway: Radiator, stairs rising to first floor with cupboard below, door to rear garden.

Kitchen: 3.35m (11'0") x 2.72m (8'11")

Radiator, stainless steel single drainer sink unit with hot and cold mixer tap and four ring electric hob both set in work surfaces with cupboards, drawers and appliance space below, plumbing for dish washer, built in electric oven, matching wall mounted cupboard units, tiled splash backs, wall mounted boiler supplying domestic hot water and gas central heating, extractor fan, varnished floor boards, door to

Utility Room: 2.62m (8'7") x 1.52m (5'0")

Radiator, work surface with appliance space below, plumbing for washing machine, door to

Shower Room: 2.64m (8'8") x 1.02m (3'4")

Heated towel rail, wash hand basin, close coupled w/c, shower tray with wall mounted mains shower and screen door, extractor fan.

Living Room: 4.95m (16'3") x 3.81m (12'6") into bay and alcoves.

Radiator, picture rail, ceiling architrave and central ceiling rose, painted floor boards.

Bedroom One: 3.78m (12'5") x 2.90m (9'6")

Radiator, Built in wardrobes in alcoves, picture rail, aspect to the rear.

First Floor Half Landing:

Shower Room: 2.69m (8'10") x 0.86m (2'10")

Radiator, pedestal wash basin, close coupled w/c, shower tray with wall mounted mains shower and screen door, extractor fan.

Landing: Radiator, stairs rising to second floor

Bedroom Two: 4.27m (14'0") x 2.49m (8'2")

Radiator, aspect to the front.

Bedroom Three: 4.27m (14'0") x 2.44m (8'0") into alcove

Radiator, aspect to the front.

Bedroom Four: 3.12m (10'3") x 3.78m (12'5") L’shaped

Radiator, aspect to the rear.

Second Floor Landing.

Bedroom Five: 5.03m (16'6") x 4.24m (13'11") into alcove

Radiator, aspect to the front with views.

Bedroom Six: 3.78m (12'5") x 3.15m (10'4") into alcove

Radiator, aspect to the rear.

Outside

Rear Garden: Paved footpath leading to steps and stone chipped seating area.

Front Garden: Laid out with stone chippings

Agents Notes:

Council Tax: Exeter City Council – Band D (Currently zero rated)

EPC E (54)

For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.

VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM Of 24 HOURS NOTICE REQUIRED.

agent

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

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