3 
1
A well presented three bedroom established student HMO with a current tenancy in place providing an exclusive rental income of £20,880 over the 11 month period and a tenancy agreed for the 2025/2026 academic year with a rental income of £21,888, exclusive of bills.
Benefiting from gas fired central heating, upvc double glazed replacement windows.
Three double bedrooms, bathroom, large communal living room and modern kitchen with double glazed doors to rear garden .
An ideal student location for both Exeter University’s Streatham and St Luke’s campuses as well as Exeter City Centre.
Description
This is a well presented three bedroom established student HMO with a current tenancy in place providing an exclusive rental income of £20,880 over the 11 month period and a tenancy agreed for the 2025/2026 academic year with a rental income of £21,888, exclusive of bills. The property further benefits from gas fired central heating, upvc double glazed replacement windows. The accommodation comprises three double bedrooms, bathroom, large communal living room and modern kitchen with double glazed doors to rear gardens. It is situated in an ideal student location for both Exeter University’s Streatham and St Luke’s campuses as well as Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground floor: Upvc entrance door to
Hallway: Radiator, stairs rising to first floor with cupboard below housing gas meter and shelving, further built in cupboard housing electric meter at the base of the stairs.
Bedroom One: 3.94m (12'11") x 3.12m (10'3") into bay and alcove.
Radiator, recess in chimney breast with wooden mantel piece, dado rail, coved ceilings, aspect to the front.
Living Room: 5.03m (16'6") x 3.30m (10'10")
Radiator, laminate flooring, dado rail, built in storage cupboards and shelving in alcoves, upvc double glazed door to rear garden.
Kitchen: 2.51m (8'3") x 2.36m (7'9")
Stainless steel single drainer sink unit with hot and cold mixer tap, four ring ceramic hob, both set in work surfaces with cupboards, drawers, built in electric oven and appliance space below, plumbing for washing machine, tiled splash backs, matching wall mounted cupboard units, cooker hood, heated towel rail, tiled flooring, extractor fan, appliance space for fridge/freezer, upvc double glazed doors to rear gardens.
First Floor Landing: Access to roof space.
Bedroom Two: 5.05m (16'7") x 3.76m (12'4") into alcove and recess.
Radiator, two built in wardrobes in recess, coved ceilings, exposed floorboards, aspect to the front.
Bedroom Three: 3.51m (11'6") x 2.77m (9'1")
Radiator, recess in chimney breast with wooden mantelpiece, exposed floorboards, aspect over rear gardens.
Bathroom/WC: 2.54m (8'4") x 2.16m (7'1")
Radiator, panel bath, pedestal wash basin, close coupled W/C, separate corner shower tray with wall mounted mains mixer shower and screen door, built in cupboard housing boiler supplying domestic hot water and central heating, wall mounted medical cabinet, painted floorboards.
Outside
Rear Garden: Enclosed courtyard garden with stone chippings, covered storage area, pedestrian and cycle access to service lane.
Agents Notes:
Council Tax: Exeter City Council – Band B (Currently zero rated)
EPC D (66)
The rents for 2024/2025 and 2025/2026 have been provided by the seller. The agent has not had sight of the tenancy agreements and therefore has not verified the rental income.
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.
