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A very spacious six bedroom licenced HMO currently let to five students on a fixed term tenancy agreement with a rental income of £34,155 and a full tenancy secured for the 2025/2026 academic year with a rental income of £44,352, exclusive of bills, over that period.
The property, which has accommodation over three floors, benefits from gas central heating and has a large garage to the rear with electric roller shutter door.
Situated in a popular residential location, a stone’s throw from Exeter University’s St Lukes campus, with a handy nearby supermarket and easy access to Exeter City Centre.
Description
This is a very spacious six bedroom licenced HMO currently let to five students on a fixed term tenancy agreement with a rental income of £34,155 and a full tenancy secured for the 2025/2026 academic year with a rental income of £44,352, exclusive of bills, over that period. The property, which has accommodation over three floors, benefits from gas central heating and has a large garage to the rear with electric roller shutter door. It is situated in a popular residential location, a stone’s throw from Exeter University’s St Lukes campus, with a handy nearby supermarket and easy access to Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground Floor: Entrance door to
Vestibule: Sunken mat well, quarry tiled flooring, lead lined in door to
Hallway: Parquet flooring, recess and cupboard understairs which rise to the first floor.
Bedroom One: 5.05m (16'7") x 4.06m (13'4") into bay and alcove.
Radiator, covered tiled fireplace with surround and mantel piece, picture rail, aspect to the front.
Bedroom Two: 4.44m (14'7") x 3.51m (11'6") into alcove.
Radiator, tiled fireplace with surround and mantel piece, picture rail, built in cupboards and drawers in alcove, French doors leading into rear garden.
Open Plan Living Room/Kitchen: 6.71m (22'0") x 3.45m (11'4")
Two Radiators, parquet flooring, picture rail, one and a half bowl single drainer sink unit with hot and cold mixer tap and a four ring halogen hob set in separate work surfaces with cupboards, drawers below, two built in electric ovens, fridge/freezer and dishwasher, walk in larder cupboard housing hot water cylinder and shelving.
Shower Room: 2.13m (7'0") x 1.83m (6'0")
Radiator, pedestal wash basin with tiled splash backs, shower tray with wall mounted mains shower and screen door, separate close coupled w/c, wall mounted boiler supplying domestic hot water and central heating system, extractor fan.
First Floor Landing: Radiator, stairs to second floor.
Bedroom Three: 5.59m (18'4") x 3.45m (11'4")
Radiator, picture rail, door to fire escape leading to rear garden, aspect to the side and rear.
Bathroom: 2.18m (7'2") x 1.85m (6'1")
Radiator, panel bath, pedestal wash basin, shower tray with wall mounted electric shower and screen door, part tiled surround, wall mounted medical cabinet.
Separate W/c
Bedroom Four: 4.47m (14'8") x 3.51m (11'6") into alcove
Radiator, covered tiled fireplace with surround and mantel piece, picture rail, built in wardrobe in alcove with cupboards below, aspect to the rear.
Bedroom Five: 5.36m (17'7") x 5.11m (16'9") into bay and alcove.
Radiator, picture rail, aspect to the front.
Second Floor Landing: Door to
Bedroom Six 5.66m (18'7") x 5.00m (16'5") L’shaped
Two radiators, large walk in under eaves storage room, aspect to the rear with views of Exeter Cathedral and beyond.
Outside
Rear: Pathway to small courtyard garden, pedestrian access to
Garage 5.26m (17'3") x 4.78m (15'8")
Light and power with remotely operated electric roller shutter door to service lane.
Front: Steps and pathway with flower beds stocked with mature shrubs.
Agents Notes:
Council Tax: Exeter City Council – Band E
EPC Band D (58)
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.
