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This is a prime investment opportunity – A large end terraced bay window property currently arranged as four flats with a basement suitable for development subject to the necessary consents.
The property benefits from mostly gas fired central heating, upvc double glazed replacement windows, enclosed rear gardens, and a single garage.
Current annual rental income is £34,680.00 with the potential to increase.
Situated in an excellent location on the edge of the City Centre, handy for St Luke’s University campus, medical school and both RD&E Hospitals.
This is a prime investment opportunity in a large bay windowed end terrace house currently arrange as four flats with potential to develop, including a basement for complete refurbishment subject to necessary consents. Three of the flats benefit from gas fired central heating and upvc double glazed replacement windows with the top flat in need of some updating. The property is situated on the edge of Exeter’s City Centre, handy for St Luke’s University campus, medical school and both RD&E Hospitals.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground floor: Entrance door to
Vestibule: Dado and picture rails, glazed door to
Hallway: Dado rail, deep recess with doors to basement and rear gardens.
Ground Floor Flat (currently not self-contained).
Living Room: 6.12m (20'1") x 5.31m (17'5") into bay and alcove.
Radiator, Polished stone surround and mantel piece, gas point, ceiling architrave, picture rail.
Bedroom: 5.84m (19'2") x 5.31m (17'5") into bay and alcove.
Radiator, stone hearth with a wood surround and mantel piece, built in cupboards in alcove, picture rail, pedestal wash basin with tiled splash backs, aspect to the rear.
Separate W/c: Close coupled w/c, radiator.
Kitchen: 3.51m (11'6") x 3.15m (10'4").
Radiator, one and half bowl stainless steel single drainer sink unit with hot and cold mixer tap, four ring hob set in work surfaces with cupboards, drawers and appliance space below, plumbing for washing machine, wall mounted cupboard units, tiled splash backs, built in cupboard in recess with shelving.
Bathroom: 2.90m (9'6") x 1.93m (6'4")
Radiator, panel bath with hot and cold mixer tap, integrated shower head, pedestal wash basin, extractor fan.
First Floor Flat
Private entrance door to
Hallway: Radiator.
Living Room: 6.10m (20'0") x 4.37m (14'4") into bay and alcove.
Radiator, covered fire place with wood surround and mantel piece, picture rail, aspect to the front.
Bedroom One: 5.87m (19'3") x 4.17m (13'8") into bay and alcove.
Radiator, covered fire place with wood surround and mantel piece, picture rail, built in wardrobes in alcoves, aspect to the rear.
Bedroom Two: 4.04m (13'3") x 2.51m (8'3")
Radiator, picture rail, aspect to the side.
Bathroom: 1.78m (5'10") x 1.78m (5'10")
Radiator, panel bath with hot and cold mixer tap, integrated shower head, pedestal wash basin, close coupled w/c, tiled splash backs, extractor fan.
Kitchen: 4.50m (14'9") x 3.45m (11'4") L’shaped.
Radiator, one and half bowl stainless steel single drainer sink until with hot and cold mixer tap and four ring electric hob, both set in work surfaces with cupboards, drawers, appliance space below, plumbing for washing machine, tiled splash backs, matching wall mounted cupboard units, breakfast bar, further wall mounted cupboard units with work surface and cupboards below, tiled splash backs, boiler unit supplying domestic hot water and gas central heating.
Second Floor Flat
Landing and private entrance door to
Hallway
Living Room: 5.18m (17'0") x 4.44m (14'7")
Radiator, covered fire place with wood surround and mantel piece, picture rail, aspect to the rear.
Bedroom One: 5.11m (16'9") x 4.98m (16'4")
Radiator, covered fire place with wood surround and mantel piece, picture rail, aspect to the front with views.
Bedroom Two: 3.89m (12'9") x 1.83m (6'0")
Radiator, picture rail, aspect to the side with views.
Bathroom: 1.88m (6'2") x 1.78m (5'10")
Radiator, panel bath with hot and cold mixer tap, integrated shower head, pedestal wash basin, closed coupled w/c, part tiled surround.
Kitchen: 4.65m (15'3") x 3.63m (11'11") L’shaped.
Radiator, stainless steel single drainer sink unit set in work surfaces with cupboards drawers, appliance space below, plumbing for washing machine. Matching wall mounted cupboard units, appliance space for gas cooker, wall mounted boiler supplying domestic hot water and gas central heating.
Top Floor Flat
Landing and entrance door to
Separate W/c
Kitchen: 3.23m (10'7") x 2.44m (8'0")
Wall mounted electric panel heater, stainless steel single drainer sink unit set in work surfaces with cupboards, drawers, and appliance space below, wall mounted cupboard units and glass fronted cabinets, tiled splash backs.
Bathroom: 3.02m (9'11") x 1.47m (4'10") with sloping ceilings.
Wall mounted electric fan heater, panel bath with hot and cold mixer tap, integrated shower head, wash hand basin, extractor fan.
Living Room/Bedroom: 6.88m (22'7") x 4.93m (16'2")
Basement Space.
Hallway
Bedroom: 5.89m (19'4") x 4.37m (14'4") into bay and alcove
Living Space: 5.74m (18'10") x 4.57m (15'0") into bay
Potential Bathroom: 3.33m (10'11") x 2.34m (7'8")
Potential Kitchen: 4.42m (14'6") x 3.28m (10'9")
Outside
Front: Laid to lawn with pathway.
Rear: Laid to lawn with flower beds, well stocked with shrubs and trees, pedestrian access to
Single Garage
Agents Notes:
Council Tax: Exeter City Council – The individual flats are independently banded and have separate EPC’s which are available on application.
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.