- INVESTMENT PROPERTY +
- PROFESSIONAL HMO LET +
- CURRENTLY LET TO 5 TENANTS +
- 2 BEDROOMS WITH ENSUITES +
- ADDITIONAL 2 SHOWER ROOMS +
- THE PROPERTY HOLDS A LICENCE FOR 6 +
SUMMARY Positioned in a southerly direction from the city centre and located within close proximity of local amenities is this house of multiple occupancy offering six bedrooms of living accommodation for professional occupants. This property has gone through a range of refurbishment over the years and is well maintained by the managing agents and tenants alike.
Alphington Road incorporates a spacious entrance hall with the three ground floor bedrooms, two with ensuites 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.
Property Tenure: Freehold
Council Tax: D
EPC: D
LOCATION This property is situated close to local amenities with a Costcutter 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.
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. 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) Radiator, uPVC window. En-suite bathroom featuring shower cubical, toilet and basin.
BEDROOM TWO 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 THREE 10' 5" x 10' 1" (3.20m x 3.08m) Radiator, uPVC window. En-suite bathroom featuring shower cubical, toilet and basin.
BEDROOM FOUR 13' 11" x 12' 0" (4.26m x 3.68m) Radiator, uPVC bay window.
BEDROOM FIVE 11' 6" x 10' 11" (3.53m x 3.35m) Radiator, uPVC window.
BEDROOM SIX 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.
RENTAL/LETTING INFORMATION Currently rented to 5 tenants achieving an income of £3350pcm, which is a yearly yield of 7.7%. The property is a 6 bedroom property, when fully rented out this will achieve a monthly rent of £4000, which is a 9.2% yield.
SERVICES Electric Supply: Mains
Heating Supply: Mains Gas
Sewerage: Mains
Water Supply: Mains
Mobile Signal: Several networks showing as available including EE, Vodaphone, 3 and 02
Broadband: Standard, Superfast and Ultrafast