- This is spacious 6 bedroom Licenced detached student investment property with a tenancy in place for the 2025/2026 academic year generating a rental income of £44,330 exclusive of bills for the 11 mo +
Description
This is a spacious six bedroom licenced detached student HMO which has a tenancy agreed for the 2025/2026 academic year with a rental income of £44,330 exclusive, for the 11 month period and a tenancy agreed for the 2026/2027 academic year at £170 pppw, exclusive of bills. The property further benefits from gas central heating, upvc double glazed windows and is situated in a prime student location, handy for Exeter University’s campuses of Streatham and St Lukes as well as access to Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground Floor: Upvc entrance door to
Hallway: Radiator, stairs to lower ground floor and first floor.
Bedroom One: 4.11m (13'6") x 2.36m (7'9") into recess.
Radiator, laminate flooring dual aspect to front and side.
Bedroom Two: 4.34m (14'3") x 2.72m (8'11") into bay.
Radiator, laminate flooring, aspect to the front.
Bedroom Three: 3.28m (10'9") x 2.41m (7'11")
Radiator, laminate flooring, aspect to the rear.
Shower Room: 2.39m (7'10") x 1.80m (5'11")
Radiator, shower tray with wall mounted electric shower and screen door, close coupled w/c, pedestal wash basin, part tiled surround, wall mounted mirror and strip light, shaver point, built in cupboard housing boiler supplying domestic hot water and central heating, extractor fan.
Lower Ground Floor: Hall with recess under stairs.
Cloakroom: Radiator, close coupled w/c, wash hand basin with tiled splash backs, extractor fan.
Kitchen: 2.51m (8'3") x 2.39m (7'10")
Radiator, stainless steel single drainer sink unit with hot and cold mixer tap and four ring electric hob set in work surfaces with cupboards, drawers and built in electric oven and dishwasher below, wall mounted cupboard units, cooker hood, appliance space for fridge/freezer.
Living Room: 5.23m (17'2") x 4.32m (14'2") into bay.
Radiator, laminate flooring, wall light fittings.
Bedroom Four: 3.68m (12'1") x 2.54m (8'4")
Radiator, laminate flooring, built in wardrobe, upvc double glazed door to gardens.
First Floor Landing: Access to roof space, built in storage cupboard.
Bedroom Five: 5.23m (17'2") x 3.23m (10'7")
Radiator, laminate flooring, part sloping ceilings, aspect to the front.
Radiator, laminate flooring, part sloping ceilings, aspect to the rear.
Radiator, panel bath with wall mounted electric shower and screen, part tiled surround, close coupled w/c, pedestal wash basin, extractor fan.
Enclosed walled patio area.
Laid out with gravel with a footpath, brick raised flowerbeds.
Two tandem parking spaces to the rear.
Council Tax: Exeter City Council – Band C (Currently zero rated)
EPC C (72)
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.