• INVESTMENT POPERTY +
• PROFESSIONAL HMO LET +
• CURRENTLY LET TO 5 TENANTS +
• 2 BEDROOMS WITH ENSUITES +
• ADDITIONAL 2 SHOWER ROOMS +
• THE PROPERTY HOLDS A LICENCE FOR 6 +
• CURRENTLY RECEIVING INCOME £37,980 +

Positioned in a Southerly direction from the City Centre and located within close proximity of local amenities is this House of Multiple Occupancy offering five bedrooms of living accommodation for professional occupants. The property does hold a license for 6 tenants therefore offering potential for this property to earn a further income increasing the yield to over 7%

This property has gone through a range of refurbishment over the years and is well maintained by the managing agents and tenants alike, this property is fully let with five occupants achieving at the present £37,980 per annum.

Alphington Road incorporates a spacious entrance hall with the two ground floor bedrooms having ensuite's, currently a communal lounge and large kitchen/breakfast room compliment this floor. To the first floor are the additional three double bedrooms with two modern shower rooms servicing them. Outside to the rear is a low maintenance garden with a storage shed providing secured storage for bikes.
 

SITUATION This property is situated close to local amenities with a Co-operative being directly opposite, a Sainsburys Superstore within close proximity combined with a consumer retail park, the Marsh Barton and Matford trading estate nearby. The central City of Exeter and the A30 is just over a mile away from this property. 

DIRECTIONS From the Exe Bridges within Exeter proceed onto the A377 (Alphington Street) which then becomes Alphington Road. Proceed past the Aldi supermarket on the left hand side and the property will be situated on the right hand side opposite the Co-op food store. 

AGENTS NOTES A fantastic opportunity to purchase a tried and tested Professional House of Multiple Occupancy for the last six years achieving a good level of income with potential to increase the current yield by several options including creating a sixth bedroom from the current communal lounge. Set within a great position to attract a large number of Professionals due to being in close proximity to the Marsh Barton/Matford trading estate, retail park and a Sainsbury's Superstore alike. Positioned on a direct bus route to the City and local road networks being close by with the A30 being within a few minutes drive away. 

BEDROOM ONE 13' 11" x 12' 9" (4.26m x 3.91m) En-suite shower unit, radiator, UPVC window 

LOUNGE/BEDROOM 6 11' 6" x 10' 11" (3.51m x 3.35m) Radiator, UPVC door 

KITCHEN/DINER 16' 9" x 10' 3" (5.11m x 3.13m) radiator, UPVC window and door, 

BEDROOM TWO 10' 5" x 10' 1" (3.20m x 3.08m) radiator, UPVC window, en-suite shower unit, basin, toilet  

BEDROOM THREE 13' 11" x 12' 0" (4.26m x 3.68m) Radiator, UPVC bay window, fireplace,  

BEDROOM FOUR 11' 6" x 10' 11" (3.53m x 3.35m) Radiator, UPVC window. 

BEDROOM FIVE 13' 9" x 10' 9" (4.20m x 3.30m) Radiator, UPVC bay window, fireplace  

BATHROOM ONE shower unit, toilet , basin, UPVC window  

BATHROOM TWO Shower unit, toilet , basin