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A very well presented and spacious 6 bedroom licenced student investment property in the form of a three storey semi detached house with a current tenancy in place generating an income of £48,620 inclusive of utility bills until the 31stJuly 2025 and a tenancy agreed for the 2025/2026 academic year with a rental income of £47,190,exclusiveof bills.
Excellent location with easy access to Exeter University’s Streatham campus and Exeter City Centre.
Description
This is a very well presented and spacious 6 bedroom licenced student investment property in the form of a three storey semi detached house with a current tenancy in place generating an income of £48,620 inclusive of utility bills until the 31st July 2025 and a tenancy agreed for the 2025/2026 academic year with a rental income of £47,190,exclusiveof bills. The property is situated in an excellent city centre location with easy access to Exeter University’s Streatham campus and Exeter City Centre being less than ten minutes’ walk over Exeter’s historic Iron Bridge.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING
Ground Floor: Timber entrance door to
Vestibule: Dado Rail, ceiling architrave, quarry tiled flooring, glazed door to
Hallway: Radiator, dado rail, stairs to first floor with a cupboard below.
Living Room: 4.90m (16'1") x 3.91m (12'10") into bay and alcove.
Radiator, Brick fireplace and chimney breast, picture rail, ceiling architrave, aspect to the front.
Bedroom One: 3.56m (11'8") x 3.10m (10'2")
Radiator, picture rail, ceiling architrave, aspect to the rear.
Semi Open Plan Kitchen/Diner: 3.28m (10'9") x 2.39m (7'10") (Kitchen) & 3.33m (10'11") x 3.23m (10'7") into alcove. (Dining Area)
Radiator, four ring gas Range Master with hob and double oven, one and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap, work surfaces with cupboards, drawers, and appliance space below, wall mounted cupboard units, tiled splash backs, cooker hood, door and steps leading to rear garden and
Basement: 5.71m (18'9") x 3.33m (10'11")
Split into two separate rooms and provide excellent storage facilities as well as a laundry room with plumber for washing machine, boiler supplying domestic hot water and gas central heating.
First Floor Landing: Stairs rising to second floor.
Separate W/c: Pedestal wash basin, low level w/c, wash hand basin with tiled splash backs.
Bathroom: 2.16m (7'1") x 1.93m (6'4")
Radiator, panel bath with wall mounted electric shower and screen, pedestal wash basin, part tiled surround, wall mounted shaver point, mirror, and medical cabinet, airing cupboard housing factory lagged cylinder with back up electric immersion heater and slatted shelving.
Bedroom Two: 3.25m (10'8") x 2.44m (8'0")
Radiator, aspect over rear gardens.
Bedroom Three: 3.53m (11'7") x 3.12m (10'3")
Radiator, ceiling architrave, aspect to the rear.
Bedroom Four: 5.08m (16'8") x 3.91m (12'10")
Radiator, picture rail, ceiling architrave, aspect to the front.
Second Floor Landing: Dado rail.
Bedroom Five: 3.66m (12'0") x 3.20m (10'6") into alcove.
Radiator, cast iron fire grate with surround, mantel piece and a tiled hearth, wash hand basin with cupboard below and tiled splash backs, aspect to the rear.
Bedroom Six: 4.06m (13'4") x 3.63m (11'11") into alcove.
Radiator, aspect to the front.
Shower Room: 2.92m (9'7") x 1.47m (4'10")
Radiator, large shower tray with wall mounted mains mixer shower and screen, pedestal was basin with hot and cold mixer tap, close coupled w/c, part tiled surround, extractor fan, Velux window to the front.
Outside
Rear Garden – Enclosed walled garden with concrete patio area and lawns with flowerbed borders, pedestrian access to the front.
Frontage – Walled low maintenance frontage – Small driveway.
Agents Notes:
Council Tax: Exeter City Council – Band D (Currently zero 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.
