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This is a very spacious 6 bedroom Licenced student investment property with a current tenancy in place generating an income of £54,318 exclusive of utility bills.
A tenancy has been agreed for the 2025/2026 academic year with an exclusive rental income of £55,770.
It benefits from gas fired central heating, upvc double glazed windows, a separate communal living room/diner and enclosed rear courtyard garden with carport and further parking to the front for three vehicles.
The property is situated in a prime student location handy for both of Exeter University’s campuses and Exeter City Centre.
Description
This is a very spacious 6 bedroom Licenced student investment property, historically, one of the first properties let year on year, with a current tenancy in place generating an income of £54,318 exclusive of utility bills and a tenancy has been agreed for the 2025/2026 academic year with an exclusive rental income of £55,770 over the eleven month period. It benefits from gas fired central heating, upvc double glazed windows, a separate communal living room/diner and enclosed rear courtyard garden with carport and further parking to the front for three vehicles. The property is situated in a prime student location handy for both of Exeter University’s campuses and Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground Floor: Entrance door to
Vestibule: Built in cupboard, door to
Hallway: Radiator, stairs rising to the first floor with a cupboard below.
Bedroom One: 5.77m (18'11") x 4.27m (14'0") into bay and alcove.
Radiator, marble effect covered fireplace with hearth, wood surround and mantel piece, picture rail, ceiling architrave, central ceiling rose, aspect to the front.
Living Room/Diner: 4.39m (14'5") x 4.19m (13'9") into alcove.
Radiator, marble effect covered fireplace with wood surround and mantel piece, picture rail, upvc double glazed patio doors to rear garden.
Kitchen: 4.88m (16'0") x 3.23m (10'7")
Radiator, one and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap set in L-shaped work surface with cupboards, drawers and appliance space below, plumbing for dishwasher, wall mounted cupboard units, tiled splashbacks, a further work surface with cupboard below, appliance space for range gas cooker in recess, gas point, cooker hood, a recently installed wall mounted combi-boiler supplying domestic hot water and central heating.
Utility Room: 3.20m (10'6") x 2.13m (7'0")
Radiator, L’shaped work surface with cupboards and appliance space below, plumbing for washing machine, tiled splashbacks and flooring, extractor fan, upvc double glazed door to rear garden.
Bathroom: 3.12m (10'3") x 2.82m (9'3")
Radiator, panel bath with hot and cold mixer tap, close coupled w/c pedestal wash basin with hot and cold mixer tap, shower tray with wall mounted mains mixer shower and screen door, extractor fan.
First Floor Landing: Stairs rising to the second floor.
Bedroom Two: 4.22m (13'10") x 2.69m (8'10")
Radiator, two built-in wardrobes with overhead storage cupboards, pedestal wash basin with tiled splashbacks, aspect to the rear.
Bedroom Three: 4.19m (13'9") x 2.72m (8'11")
Radiator, picture rail, pedestal wash basin, aspect to the side.
Bedroom Four: 4.98m (16'4") x 3.91m (12'10") maximum.
Radiator, built-in wardrobe, picture rail, dual aspect to the front and side.
Ensuite Shower Room: 1.96m (6'5") x 1.22m (4'0")
Pedestal wash basin, shower tray with wall mounted electric shower and screen door, extractor fan, fully tiled surround.
Shower Room: 2.29m (7'6") x 1.30m (4'3")
Radiator, pedestal wash basin, close coupled w/c, shower tray with wall mounted electric shower and screen door, wall mounted mirror, part tiled surround, fully tiled surround.
Second Floor Landing
Bedroom Five: 4.29m (14'1") x 3.10m (10'2")
Radiator, picture rail, wash hand basin set in a vanity surface in recess, built in wardrobe, aspect to the rear.
Bedroom Six: 4.93m (16'2") x 3.38m (11'1") Plus large door recess.
Radiator, pedestal wash basin with tiled splashbacks, built-in storage cupboard, aspect to the side and rear.
Outside
Rear Garden: Enclosed courtyard garden with an up and over door to carport, covered lean-to, pedestrian access to the front through side gate.
Front: Parking for up to three vehicles.
Agents Notes:
Council Tax: Exeter City Council – Band E (Currently zero rated)
EPC E (54)
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.
