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An immaculately presented 6 bedroom HMO Licenced student investment property with a tenancy agreement in place for the current 2024/2025 academic year generating an income of £51,480, exclusive of utility bills.
Five of the six bedrooms have ensuite shower rooms and it further benefits from gas fired central heating, upvc double glazed replacement windows, a large kitchen/communal area, fully fitted communal bathroom, a rear terrace leading on to lawned gardens and parking to the front for six vehicles with ease.
The property is situated in a prime student location, practically on the main Streatham University campus.
Description
This is truly an immaculate 6 bedroom licenced student investment property with a tenancy agreement in place for the current 2024/2025 academic year generating an income of £51,480, exclusive of utility bills, over the 11 month period. Five of the six bedrooms have ensuite shower rooms and it further benefits from gas fired central heating, upvc double glazed replacement windows, a large modern kitchen/communal area, a fully fitted communal bathroom, paved rear terrace with steps leading down to lawned gardens and a brick hardstand providing ample parking to the front for six vehicles. The property is situated in a prime student location, practically on the main Streatham University campus and approximately 1 mile from Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground Floor: Entrance door to
Hallway: Radiator, laminate flooring, wall mounted thermostat for central heating, stairs rising to first floor with cupboard below.
Cloakroom: Close coupled w/c wash hand basin with hot and cold mixer tap, cupboard below, part tiled surround.
Utility Room: 2.03m (6'8") x 1.98m (6'6")
Radiator, work surfaces with appliance spaces below, plumbing for washing machine.
Bedroom One: 5.99m (19'8") x 4.52m (14'10") into bay, L’shaped.
Two radiators, laminate flooring, aspect to the front.
Ensuite Shower: 2.34m (7'8") x 0.89m (2'11")
Heated towel rail, close coupled w/c, wash hand basin with hot and cold mixer tap, cupboard below, wall mounted medical cabinet, shower cubicle with wall mounted mains mixer shower and screen door, fully tiled walls and flooring, extractor fan.
Bedroom Two: 5.99m (19'8") x 3.71m (12'2") L’shaped.
Two radiators, laminate flooring, aspect to the side.
Ensuite Shower: 2.36m (7'9") x 0.86m (2'10")
Heated towel rail, close coupled w/c, wash hand basin with hot and cold mixer tap, cupboard below, wall mounted medical cabinet, shower cubicle with wall mounted mains mixer shower and screen door, fully tiled walls and flooring, extractor fan.
Kitchen/Communal Living Room: 5.79m (19'0") x 4.78m (15'8") L’shaped.
Two radiators, one and half bowl stainless steel single drainer sink unit with hot and cold mixer tap, set in work surface4s with cupboards, drawers and appliance space below, five ring electric range cooker with double oven and grill, wall mounted cupboard units, cooker hood, appliance spaces for fridge/freezers, sunken ceiling lights, upvc double glazed doors to rear terrace and gardens.
Bedroom Three: 4.37m (14'4") x 2.84m (9'4")
Radiator, laminate flooring aspect over the rear garden.
Ensuite Shower: 2.36m (7'9") x 0.86m (2'10")
Heated towel rail, close coupled w/c, wash hand basin with hot and cold mixer tap, cupboard below, wall mounted medical cabinet, shower cubicle with wall mounted mains mixer shower and screen door, fully tiled walls and flooring, extractor fan.
First Floor Landing: Wall mounted thermostat for central heating, access to roof space.
Bedroom Four: 3.15m (10'4") x 2.90m (9'6")
Radiator, laminate flooring, aspect to the front.
Bedroom Five: 4.01m (13'2") x 3.30m (10'10") into door recess.
Radiator, laminate flooring, aspect to the front.
Ensuite Shower: 2.11m (6'11") x 0.89m (2'11")
Heated towel rail, close coupled w/c, wash hand basin with hot and cold mixer tap, cupboard below, wall mounted medical cabinet, shower cubicle with wall mounted mains mixer shower and screen door, fully tiled walls and flooring, extractor fan.
Bedroom Six: 3.40m (11'2") x 3.30m (10'10") L’shaped.
Radiator, laminate flooring, aspect to the rear.
Ensuite Shower: 1.85m (6'1") x 1.60m (5'3")
Heated towel rail, close coupled w/c, wash hand basin with hot and cold mixer tap, cupboard below, wall mounted medical cabinet, shower cubicle with wall mounted mains mixer shower and screen door, fully tiled walls and flooring, extractor fan.
Bathroom: 2.62m (8'7") x 2.18m (7'2") L’shaped.
Heated towel rail, panel bath with hot and cold mixer tap, integrated shower head, wash hand basin with hot and cold mixer tap, cupboard below, close coupled w/c, wall mounted medical cabinet, fully tiled surround and flooring, extractor fan, cupboard housing boiler supplying domestic hot water and central heating, hot water storage cylinder.
Outside
Rear Garden: Paved terraced patio running the length of the property with steps leading down to a level lawn and concrete patio area, pedestrian access to the front.
Front: Brick car hardstand providing parking for approximate ten vehicles.
Agents Notes:
The property was completely refurbished and extended in 2020 and is being sold as a going concern to include the seller’s furnishings and white goods.
Council Tax: Exeter City Council – Band E (Currently N rated)
EPC D (63)
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.
