5 
1
A licenced five bedroom HMO fully let to professional tenants with an annual rental income of £37,128, inclusive of bills, representing a 8.74% return.
A tenancy agreement is in place for the 2025/2026 academic year with a rental income of £35,760 over the duration of the tenancy, exclusive of bills.
The property benefits from upvc double glazed replacement windows, gas central heating and a dropped curb to handstand.
An excellent location for Exeter St Luke’s University campus with Streatham campus approximately one and a half miles away.
Easy access to a local general store and Exeter City Centre.
Description
This is a licenced five bedroom HMO fully let to professional tenants with an annual rental income of £37,128, inclusive of bills, representing a 8.74% return and has a tenancy agreement is in place for the 2025/2026 academic year with a rental income of £35,760, exclusive of bills, over the duration of the tenancy. The property benefits from upvc double glazed replacement windows, gas central heating and a dropped curb to handstand. Situated in an excellent location for Exeter St Luke’s University campus with Streatham campus approximately one and a half miles away and easy access to a local general store and Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground floor: Entrance door to
Vestibule: Dado Rail, part glazed door to.
Hallway: Feature arch, stairs rising to first floor.
Cloakroom: Low level w/c. wash hand basin with tiles splash backs, extractor fan.
Living Room: 4.83m (15'10") x 3.71m (12'2") into bay and alcove.
Radiator, feature fireplace with black polished stone hearth, wood surround and mantel piece, picture rail, central ceiling rose, wall light fittings.
Bedroom One: 3.94m (12'11") x 3.20m (10'6") into alcove.
Radiator, picture rail, built in shelving and cupboard in alcove, fireplace with polished stone hearth, wood surround and mantel piece, upvc double glazed door to rear garden.
Kitchen/Diner: 6.25m (20'6") x 2.69m (8'10") into alcove.
Radiator, one and half bowl stainless steel single drainer sink unit with hot and cold mixer tap, set in work surfaces with cupboards, drawers, appliance spaces below, plumbing for washing machine and dishwasher, tiled splash backs, wall mounted cupboard units, wall mounted boiler supplying domestic hot water and central heating, further work surface with built in electric hob with oven below, upvc double glazed door to rear garden.
First Floor Half Landing:
Bedroom Two: 4.29m (14'1") x 2.69m (8'10") into alcove and door recess.
Radiator, wash hand basin with tiles splash backs, aspect over rear garden.
Bathroom: 2.92m (9'7") x 1.75m (5'9") maximum.
Radiator, panel bath wi8th wall mounted mains mixer shower and screen, pedestal wash basin with tiled splash backs, close coupled w/c, wall mounted shaver point, extractor fan.
Landing: Stairs rising to second floor.
Bedroom Three: 3.96m (13'0") x 3.20m (10'6") into alcove.
Radiator, cast iron fireplace with wood surround and mantel piece, picture rail, aspect to the rear aspect to the rear.
Bedroom Four: 4.93m (16'2") x 4.70m (15'5") into bay and alcove.
Two radiators, cast iron fireplace with wood surround and mantel piece, ceiling architrave, built in wardrobe with overhead storage cupboard, aspect to the front.
Second Floor Landing:
Bedroom Five: 4.80m (15'9") x 2.87m (9'5")
Radiator, built in under eaves storage cupboard, sloping ceiling, aspect to the rear.
Shower Room: 2.74m (9'0") x 1.55m (5'1")
Shower tray with wall mounted electric shower and screen door, pedestal wash basin, wall mounted electric fan heater, extractor fan, Velux window.
Outside
Rear Garden: Crazy paved pathway, timber decked area, garden shed, pedestrian access to service lane.
Front: Handstand and bin store area.
Agents Notes:
Council Tax: Exeter City Council – Band C (Currently N Rated)
EPC D (60)
The rental income has 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.
