House For Sale £390,000
Exeter EX4

Description

A well presented four bedroom established student HMO with a contract in place for the current year generating an income of £27,646 and a tenancy agreed for the 2024/2025 academic year at £150 pppw, excluding bills or £28,600 over the 11 month tenancy. The property further benefits from gas fired central heating, upvc double glazed windows, a separate communal room, and a small courtyard garden to the rear. The property is situated in an excellent student location handy for Exeter University’s St Luke’s and Streatham main campus with easy access to Exeter City Centre.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING

Ground floor: Entrance door to

Hallway: Door to

Kitchen Prep Area: 3.10m (10'2") x 2.44m (8'0") into door recess.

Radiator, work surfaces with cupboards below, tiled splash backs, built in under stairs cupboard.

Kitchen: 4.24m (13'11") x 1.32m (4'4")

Galley Style comprising of stainless steel single drainer sink unit with hot and cold mixer tap and four ring electric hob set in L’shaped work surfaces with cupboards, drawers, built in electric oven, appliance space below, plumbing for washing machine, appliance space for fridge/freezer, tiled splash backs, extractor fan, upvc double glazed door to rear courtyard garden.

Bedroom One: 4.29m (14'1") x 2.36m (7'9") into alcove.

Radiator, Recess in chimney breast, aspect to the front.

Living Room: 4.32m (14'2") x 3.51m (11'6") into alcove.

Radiator, wall mounted thermostat for central heating, built in cupboard housing wall mounted gas boiler supplying domestic hot water and gas central heating, stairs rising to first floor.

First Floor Landing:

Bedroom Two: 3.71m (12'2") x 2.54m (8'4") maximum.

Radiator, recess for wardrobe, aspect to the side.

Bedroom Three: 4.72m (15'6") x 2.62m (8'7") into alcove.

Radiator, two windows with an aspect to the front.

Bedroom Four: 4.42m (14'6") x 3.51m (11'6") into alcove.

Radiator, aspect to the front.

Shower Room: 1.63m (5'4") x 1.57m (5'2")

Radiator, corner shower tray with wall mounted electric shower and screen door, close coupled w/c, pedestal wash basin, wall mounted medical cabinet, fully tiled surround, extractor fan.

Outside Rear: Small walled courtyard.

Agents Notes:

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

EPC D (57)

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.