Bed icon  5  Bath icon  1

5 bed Terraced - Sold Subject to Contract
Elmside, Exeter
£500,000

A long established and Licenced 5 bedroom student investment property which has a current tenancy in place generating a current income of £27,885 for 2021/2022 and tenancy agreed for the 2022/2023 academic year for £29,810 over that period.

Gas fired central heating and upvc double glazed replacement windows.

Ideal location for both St. Luke’s and Streatham University campuses as well as local general store and Exeter City Centre.

Description

This is a long established and licenced five bedroom student HMO with a current tenancy in place generating £27,885 and a tenancy agreed for the forthcoming 2022/2023 academic year bringing in a further £29,810 over that period. The property benefits from gas fired central heating and upvc double glazed replacement windows, separate living room and a kitchen/breakfast room with conservator and enclosed gardens to the rear. It is situated in an ideal central location with easy access to both St. Luke’s and Streatham university campuses, as well as a local general store and Exeter City Centre.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING

Ground Floor: Entrance door to

Vestibule: Dado rail, exposed floorboards, stained glass door to

Hallway: Radiator, exposed floorboards, stairs rising to first floor

Bedroom One – 4.70m (15'5") x 3.45m (11'4") into bay and alcoves.

Radiator, feature cast iron fireplace with wood surround and mantle piece, ceiling architrave, central ceiling rose, picture rail, build in cupboards in alcoves, exposed floorboards, aspect to the front.

Lounge – 3.63m (11'11") x 3.53m (11'7") into alcove.

Radiator, brick fireplace with cast iron log burner, built in cupboard and shelving in alcove, picture rail, exposed floorboards, built in cupboard under stairs housing gas meter.

Kitchen/Breakfast Room – 4.29m (14'1") x 2.44m (8'0")

Radiator, stainless steel single drainer sink unit with hot and cold mixer tap set in work surface with cupboard, appliance space below, built in dishwasher, appliance space for cooker, gas point, further worksurface with cupboard and drawers below, wall mounted boiler supplying domestic hot water and central heating system. Door to

Conservatory - 2.79m (9'2") x 1.85m (6'1")

Part glazed door to rear gardens.

First Floor Landing –Dado rail, stairs rising to second floor.

Bathroom – 2.36m (7'9") x 2.49m (8'2")

Radiator, Victorian style free standing roll top bath with hot and cold mixer tap, close coupled w/c, pedestal wash basin with tiled splash backs, separate shower tray with wall mounted mains shower and screen door, extractor fan.

Bedroom Two – 4.47m (14'8") x 3.48m (11'5") into alcove.

Radiator, picture rail, exposed floorboards, aspect to the front.

Bedroom Three – 3.56m (11'8") x 2.87m (9'5") into alcove.

Radiator, picture rail, built in wardrobe in alcove, aspect to the rear.

Second Floor Landing: Access to roof space.

Bedroom Four - 4.06m (13'4") x 3.25m (10'8")

Radiator, picture rail, aspect to the front.

Bedroom Five - 3.48m (11'5") x 2.49m (8'2")

Radiator, aspect to the rear.

Outside

Rear Garden – A low maintenance enclosed garden with wood storage shed.

Frontage – Enclosed low maintenance frontage – bin store area.

Agents Notes:

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

EPC D (60)

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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