- 6 Bedrooms +
- HMO Investment +
- Let for 2024/25 +
- Large communal space +
Description
A well maintained and cared for 6-bed HMO student property located between Exeter Universities main campus', Stratham and St Luke's.
Entering the property into an entrance hall, the living room is on your immediate left. Continuing through the hallway is the first of the six double bedrooms on your next left. A large kitchen dining room to the rear of the ground floor with lean to utility space and access to a rear garden. The ground floor also benefits from significant storage with built in storage under the stairs and in the kitchen.
The first floor is arranged with two bathroom suites, comprising with shower, WC, sink and storage one with shower and the other with bath and over shower. A further three double bedrooms can be found on the first floor.
Leading to the second floor via staircase you can find the firth and sixth double bedrooms.
All six bedrooms are good size doubles with built in storage, wardrobe and desk space. Additional and extensive electrical work has been carried out to ensure additional power is available in bedrooms and close to desk and working space.
The property is currently let to students at premium rents for the 2023/24 academic year at £165 per room per week exclusive of bills, on a 48wk tenancy basis. The property is also fully let for the 2024/25 academic year.
The property also benefits from Planning Permission and building regulation approval to remove the internal wall between the kitchen dinner and the lean to/conservatory to allow for kitchen and lean-to/conservatory reconfiguration and redevelopment.
Situation
The Cathedral City of Exeter is one of the most vibrant and attractive cities in Southern England. With a population of almost 130,000, expanding Top 10 University and growing Business and Science Parks, the City lies on the beautiful River Exe. The city is within half an hour's drive of the coast and moors and is the region's major administrative, commercial and retail centre with major employers including the County Council, County Police, EDF, Met Office, Highways Agency and the University.
Exeter University Streatham Campus 0.6 mile
Exeter University St Luke’s Campus 0.6 mile
City Centre 1 mile
Directions
From Exeter city centre head away from the city centre via Blackboy Road. At the traffic lights continue straight on. Once you have passed the lights take the first right onto St Johns Road. The property can be found 50m down St Johns Road.