A well presented and established four bedroom student investment property which has a current tenancy in place generating an income of £20,988 for 2021/2022 and tenancy agreed for the 2022/2023 academic year for £21,912 over that period.
Gas fired central heating and double glazed replacement windows.
Separate living room, kitchen/diner, bathroom, and cloakroom.
Ideal location for both St. Luke’s and Streatham University campuses, as well as a local general store and Exeter City Centre.
This is a well presented and established four bedroom student HMO with a current tenancy in place generating £20,988 and a tenancy agreed for the forthcoming 2022/2023 academic year bringing in a further £21,912 over that period. The property benefits from gas fired central heating and double glazed replacement windows, separate living room and a kitchen/dining room with a small utility and cloakroom. There are enclosed gardens to the rear with storage shed for bikes etc. The property is situated in an ideal 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, quarry tiled flooring, glazed door to
Hallway: Radiator, feature arch, wall mounted thermostat control for central heating system, stairs rising to first floor
Bedroom One – 4.44m (14'7") x 3.71m (12'2") into bay and alcove
Radiator, Feature cast iron fireplace with polished stone hearth, wood surround and mantle piece, ceiling architrave, aspect to the front.
Lounge – 3.48m (11'5") x 3.07m (10'1") into alcove
Radiator, feature cast iron fireplace with slate tiled hearth, surround and mantle piece, double glazed French style doors to rear gardens.
Kitchen/Dining Room – 5.23m (17'2") x 2.92m (9'7")
Radiator, one and half bowl stainless steel single drainer sink unit with hot and cold mixer tap, four ring gas hob, both set in work surfaces with cupboards, drawers below, built in dishwasher and electric oven, tiled splash backs, matching wall mounted cupboard units, cooker hood, understairs cupboard, built in fridge/freezer, wall mounted boiler unit supplying domestic hot water and gas central heating system, door to small utility with plumbing for washing machine and door to rear gardens.
Cloakroom: Close coupled w/c, heated towel rail.
First Floor Landing – Access to roof space, built in cupboard over stairs.
Bathroom – 2.24m (7'4") x 1.90m (6'3") maximum
Heated towel rail, close coupled w/c, wash hand basin, panel bath with hot and cold mixer tap and integrated shower head, fully tiled surround, extractor fan.
Bedroom Two – 4.80m (15'9") x 4.44m (14'7") into bay and alcove
Two radiators, cast iron fireplace with mantle piece, aspect to the front.
Bedroom Three – 3.45m (11'4") x 3.07m (10'1") into alcove
Radiator, Aspect to the rear.
Bedroom Four - 3.53m (11'7") x 2.95m (9'8") into door recess and alcove
Radiator, aspect over rear gardens.
Rear Garden – Enclosed walled gardens with paved patio area, level lawn and flower beds, timber storage shed, pedestrian access to service lane.
Frontage – Walled low maintenance frontage with hedge row – bin store area.
Council Tax: Exeter City Council – Band C (Currently zero rated)
EPC D (66)
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.