5 
1
A spacious 5 bedroom Licenced student investment property with accommodation over three floors.
A tenancy agreement is in place for the current 2024/2025 academic year with a rental income in the region of £38,133, exclusive of utility bills, over the eleven month period and a tenancy agreed for 2025/2026 at the same rental income.
The property benefits from gas fired central heating, upvc double glazed replacement windows, separate communal room and private rear gardens.
Situated in the city centre with easy access to both Streatham and St Lukes University campuses.
Description
This is a spacious 5 bedroom Licenced student investment property with accommodation spread over three floors and a tenancy agreement is in place for the current 2024/2025 academic year with a rental income in the region of £38,133, exclusive of utility bills, over the eleven month period and a tenancy agreed for 2025/2026 with the same rental income. The property benefits from gas fired central heating, upvc double glazed replacement windows, separate communal room and private rear gardens. It is situated in the city centre with easy access to both Exeter’s Streatham and St Lukes University campuses.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground Floor: Upvc entrance door to
Vestibule: Ceiling architrave.
Hallway: Radiator, laminate flooring, stairs to first floor with cupboard below.
Bedroom One: 3.58m (11'9") x 3.53m (11'7") into alcove.
Radiator, ceiling architrave, polished stone hearth, with a tiled surround and mantle piece, wall light fittings, dimmer switch, aspect to the front.
Living Room: 3.61m (11'10") x 2.97m (9'9") into alcove.
Two radiators, recess in chimney breast with a tiled and wood surround and mantle piece, wall light fittings, coved ceilings, door to
Utility Room: 2.08m (6'10") x 1.70m (5'7")
Wash hand basin set in work surfaces with cupboard, appliance spaces below, plumbing for washing machine, tiled splash backs, wall mounted cupboard units, further built in cupboard, upvc double glazed door to rear gardens.
Kitchen: 4.14m (13'7") x 2.24m (7'4")
One and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap, four ring gas hob, both set in separate work surfaces with cupboards, drawers, built in electric oven and appliance space below, plumbing for dishwasher, tiled splash backs, cooker hood, wall mounted cupboard units and glass fronted cabinet with underlighting, appliance space for fridge/freezer, wall mounted boiler supplying domestic hot water and central heating, built in storage cupboard, extractor fan.
Bedroom Two: 3.07m (10'1") x 2.26m (7'5")
Radiator, access to small roof space, dado rail, sunken ceiling lights, upvc double glazed doors to rear gardens.
First Floor Landing: Stairs rising to second floor.
Bathroom: 3.10m (10'2") x 1.85m (6'1") plus recess.
Wall mounted heated towel rail, wash hand basin with hot and cold mixer tap, panel bath, part tiled surround, separate shower tray with wall mounted electric shower and screen door, extractor fan.
Separate W/c: Close coupled w/c, wash hand basin part tiled surround.
Bedroom Three: 3.58m (11'9") x 3.00m (9'10") into alcove.
Radiator, wash hand basin with hot and cold mixer tap and wall mounted mirror, built in wardrobe in alcove, coved ceilings, sunken ceiling lights, aspect to the rear.
Bedroom Four: 4.65m (15'3") x 3.58m (11'9") into alcove.
Radiator, wash hand basin with hot and cold mixer tap, wall mounted mirror, ceiling architrave, sunken ceilings lights, aspect to the front.
Second Floor Landing: Laminate flooring, wall light fitting, built in cupboard, door to
Bedroom Five: 4.39m (14'5") x 3.35m (11'0") L’shaped.
Radiator, built in cupboards and drawers, laminate flooring, sunken ceiling lights, Velux window to the rear.
Outside
Rear Garden: Paved pathway and patio area with pedestrian access to service lane and a timber storage shed.
Frontage: Walled low maintenance frontage – bin store area.
Agents Notes:
Council Tax: Exeter City Council – Band C (Currently N Rated)
EPC D (64)
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.
