• INVESTMENT OPPORTUNITY +
• 5 BEDROOM LICENSED HMO +
• FULLY LET FOR 2024/2025 +
• 2024/2025 INCOME: £43,200pa +
• PRIME LOCATION +
• MODERN DETACHED PROPERTY +
• EXCELLENT CONDITION THROUGHOUT +

Set within this most popular area is this modern five bedroom student HMO producing a good yield and income. Positioned a short distance from the main University of Exeter Streatham Campus and the City Centre. Extremely popular with students and exempt from Article 4 Restrictions making this an ideal investment and student property.

This property briefly comprises an entrance hall, lounge/diner, kitchen, and bedroom 1 and shower room to the ground floor. To the first floor is the landing, shower room and bedroom 2, bedroom 3, Bedroom 4 and 5 can be found on the first floor. To the rear is a spacious courtyard garden providing outside space with side access. 

ENTRANCE HALLWAY UPVC Front door leading into Entrance hallway with radiator and UPVC Double Glazed Window and then Glazed internal door to living area.  

LOUNGE/DINER 22' 8" x 19' 2" (6.91m x 5.84m) Open Plan Lounge/Diner with door to kitchen, and stairs to First floor. Radiators & UPVC Double glazed Window to front, UPVC Double Glazed Sliding door to rear leading out to Courtyard garden. Internal door to inner hallway that leads to Bed 1 and Shower Room. Virgin Media Point to Lounge area.  

KITCHEN 10' 2" x 8' 11" (3.1m x 2.72m) Range of Base and Wall units with Freestanding Fridge/Freezer, Freestanding Tumble dryer, Free standing Washing Machine, Combi Boiler, Gas Hob, and brand new Single Electric Oven. UPVC Double Glazed window overlooking rear courtyard Garden. Tiled floor and Worktop Backsplash. Heat Alarm, carbon monoxide Alarm, and LED Spotlights. 

SHOWER ROOM 7' 6" x 5' 2" (2.29m x 1.57m) Inner hallway off of dining area leading to Ground floor Shower room. With large double walk in shower with rainwater head, White Suite with Basin in cupboard unit, white sanitary ware and Chrome towel radiator, LED spotlights, extractor fan, and UPVC Double Glazed Window. Full height tiling throughout with tiled floor.  

BED 1 11' 8" x 8' 8" (3.56m x 2.64m) accessed via inner hallway into ground floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator.  

BEDROOM 2 10' 11" x 9' 9" (3.33m x 2.97m) First floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator. 

BEDROOM 3 9' 9" x 8' 2" (2.97m x 2.49m) First floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator. 

BEDROOM 4 8' 11" x 7' 6" (2.72m x 2.29m) First floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator. 

BEDROOM 5 12' 11" x 7' 2" (3.94m x 2.18m) First floor Single bedroom with UPVC Double Glazing, Blackout Blind and Radiator. Potential to extend to create double.  

COURTYARD GARDEN Accessed via sliding doors from Lounge to Spacious low maintenance Patio within Courtyard Style Garden with Outside tap, Light and Gate to to Side Access.  

The University of Exeter student numbers have grown substantially over the last 5 years increasing by approximately 26% since 2018 with the numbers at approximately 29,776 for the 2022/23 academic year and highly likely to grow even more over the next decade.

Exeter University is ranked within the top 200 prestigious QS World University Rankings 2022 placing it among the very best institutions worldwide, the University is also one of the highly distinguished 24 Russell Group Universities within the United Kingdom.

*This data is taken from the annual 1st December student census and represents the most up to date information about students for the stated academic year. Students which withdraw during the year will not be accounted for in these figures. The data is FTE including INTO, but excluding non-credit bearing students and inbound exchange students such as Erasmus. 

LOCATION The property lies within a Central City location within close proximity of the University of Exeter's main Streatham Campus and additionally the High Street, extremely popular with students and exempt from Article 4 Restrictions making this an ideal investment and student property. 

AGENTS NOTES: This property has been owned by the current owner since 2017 when they created a 5th Bedroom, a good history of renting each year and currently has students in occupation for the 2023/24 academic year and let for 2024/2025 Academic Year.

For more information or to book an appointment please contact Joanne Johns at Star Investment Properties.