House For Sale £500,000
Summary
A rare opportunity to purchase a fully licensed HMO in Exeter. Situated a short walk from the city centre and also is a very good location for Exeter University Main Campus. This is not one to be missed!
Description
Five room Student HMO currently letting to four people at £102 pp, pw, per room for this year over a 11 month contract with an approximate annual income £20,000. The property is located in Elmside and boasts a communal kitchen area with a further two reception rooms which would be converted into more rooms the first floor boasting a communal shower room plus an additional toilet room, with two large double bedrooms, leading to the second floor with further two double bedrooms. To the rear is a courtyard garden. Offered to the market with no onward chain
Lounge 11' 1" x 11' 2" ( 3.38m x 3.40m )
Double glazed front aspect window, storage cupboard, wall mounted radiator.
Dining Room 11' 1" x 9' 8" ( 3.38m x 2.95m )
Double glazing rear aspect window, wall mounted radiator,
Kitchen
Wall and base units, double glazed side access door, space for washing machine and fridge freezer, electric oven and hob with electric over hood, dish washing appliance, sink and drainer, double glazed side and rear aspect window.
Bedroom One 11' 1" x 15' 2" ( 3.38m x 4.62m )
Two double glazed front aspect windows, porcelain sink, wall mounted radiator.
Bedroom Two 14' 4" x 11' 4" ( 4.37m x 3.45m )
Double glazed rear aspect window, wall mounted radiator, porcelain sink.
Bedroom Three 9' 9" x 14' 6" ( 2.97m x 4.42m )
Double glazed rear aspect window, porcelain sink, wall mounted radiator.
Bedroom Four 9' 4" x 11' 4" ( 2.84m x 3.45m )
Double glazed rear aspect window, porcelain sink, wall mounted radiator.
Family Bathroom
Double glazed side aspect window, porcelain sink, low level WC, shower cubicle, tiled throughout, wall mounted radiator,
Rear Garden
Low maintenance garden with grass lawn and enclosed brick wall
Agency Note
Annual income of approximately £20,000.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
A rare opportunity to purchase a fully licensed HMO in Exeter. Situated a short walk from the city centre and also is a very good location for Exeter University Main Campus. This is not one to be missed!
Description
Five room Student HMO currently letting to four people at £102 pp, pw, per room for this year over a 11 month contract with an approximate annual income £20,000. The property is located in Elmside and boasts a communal kitchen area with a further two reception rooms which would be converted into more rooms the first floor boasting a communal shower room plus an additional toilet room, with two large double bedrooms, leading to the second floor with further two double bedrooms. To the rear is a courtyard garden. Offered to the market with no onward chain
Lounge 11' 1" x 11' 2" ( 3.38m x 3.40m )
Double glazed front aspect window, storage cupboard, wall mounted radiator.
Dining Room 11' 1" x 9' 8" ( 3.38m x 2.95m )
Double glazing rear aspect window, wall mounted radiator,
Kitchen
Wall and base units, double glazed side access door, space for washing machine and fridge freezer, electric oven and hob with electric over hood, dish washing appliance, sink and drainer, double glazed side and rear aspect window.
Bedroom One 11' 1" x 15' 2" ( 3.38m x 4.62m )
Two double glazed front aspect windows, porcelain sink, wall mounted radiator.
Bedroom Two 14' 4" x 11' 4" ( 4.37m x 3.45m )
Double glazed rear aspect window, wall mounted radiator, porcelain sink.
Bedroom Three 9' 9" x 14' 6" ( 2.97m x 4.42m )
Double glazed rear aspect window, porcelain sink, wall mounted radiator.
Bedroom Four 9' 4" x 11' 4" ( 2.84m x 3.45m )
Double glazed rear aspect window, porcelain sink, wall mounted radiator.
Family Bathroom
Double glazed side aspect window, porcelain sink, low level WC, shower cubicle, tiled throughout, wall mounted radiator,
Rear Garden
Low maintenance garden with grass lawn and enclosed brick wall
Agency Note
Annual income of approximately £20,000.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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