5 2
A spacious five bedroom licensed student HMO with a tenancy in place for 2024/2025 which will generate a rental income of £32,175, exclusive of bill, over the 11 month tenancy agreement and pre-let for the 2025/2026 academic year at the same rate.
The property further benefits from gas fired central heating, upvc double glazed replacement windows and views to the rear.
Situated in a prime location for Exeter University’s Streatham campus and access to Exeter City Centre.
Description
This is a spacious five bedroom licensed student HMO with a tenancy in place for 2024/2025 which will generate a rental income of £32,175, exclusive of bill, over the 11 month tenancy agreement and pre-let for the 2025/2026 academic year at the same rate. The property further benefits from gas fired central heating, upvc double glazed replacement windows and views to the rear. Situated in a prime location for Exeter University’s Streatham campus and access to Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground floor: Entrance door to
Vestibule: Quarry tiled flooring, dado rail, ceiling architrave.
Hallway: Radiator, feature arch, stairs rising to first floor with cupboard below.
Bedroom One: 4.22m (13'10") x 3.81m (12'6") into bay and alcove.
Radiator, feature fireplace with marble effect surrounds and mantel piece, picture rail, ceiling architrave, aspect to the front.
Bedroom Two: 4.22m (13'10") x 3.81m (12'6") into alcove.
Radiator, built in glass fronted cabinet and shelving in alcove, feature cast iron fireplace with surround and mantel piece, aspect to the rear.
Kitchen: 3.63m (11'11") x 3.43m (11'3") into alcove.
One and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap, four ring halogen electric hob set in separate work services with cupboards, drawers, appliance space, and built in electric over below, tiled splash backs, wall mounted cupboard units, cooker hood, built in cupboard housing boiler supplying domestic hot water and gas central heating, part glazed door to
Conservatory: 4.72m (15'6") x 1.19m (3'11")
Upvc double glazed door to rear garden.
Shower Room/Wc: 1.50m (4'11") x 0.99m (3'3")
Radiator, shower tray with wall mounted electric shower, close coupled w/c fully aqua boarded.
First Floor Landing: Radiator, stairs rising to second floor.
Communal Room: 3.30m (10'10") x 2.54m (8'4") maximum.
Radiator, aspect to the rear with far reaching views.
Shower Room: 2.21m (7'3") x 1.96m (6'5") L’shaped.
Heated towel rail, shower tray with wall mounted mains mixer shower and screen door, pedestal wash basin, close coupled w/c, fully aqua boarded walls.
Bedroom Three: 3.58m (11'9") x 3.02m (9'11") into alcove.
Radiator, covered fireplace with wood surround and mantel piece, built in wardrobe in alcove with overhead storage cupboard, aspect to the rear with views.
Bedroom Four: 5.31m (17'5") x 3.81m (12'6") into bay and alcove.
Radiator, feature fireplace with wood surround and mantel piece, shelving in alcove, built in wardrobe with overhead storage cupboard, aspect to the front.
Second Floor Landing: Door to
Bedroom Five: 4.93m (16'2") x 4.32m (14'2") maximum.
Radiator, Velux window to the front and a Upvc double glazed window to the rear with views towards Haldon.
Outside
Rear Garden: A wall enclosed courtyard garden laid out to paved patio with a pedestrian access to a service lane.
Agents Notes:
Council Tax: Exeter City Council – Band C (Currently zero rated)
EPC D (60).
The agent has not had sight of the tenancy agreement and has therefore been unable to verify the rental income which is understood to include water and drainage but excludes gas and electricity bills.
For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL WITH 24 HOURS' NOTICE.