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Description
This is a very well presented three storey four bedroom student
HMO which has a tenancy agreement for the 20232024 academic year
generating a net income of £30,800 over that 11 month
period. A tenancy has been agreed for the 20242025
academic with a rental income of £31,507. It is situated in a
prime student location with easy access to the main Streatham
campus of Exeter University as well as Exeter City Centre, with a
general store nearby. The accommodation includes bicycle storage
area, ground floor laundry room, a separate communal living room,
two showerbathrooms, as well as the four double
bedrooms.
The property is being sold on a 999 year lease from the
24thJune 1990 together with the freehold interest in the
building.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS,
COMPRISES THE FOLLOWING
Ground floor: Entrance door to
Hallway: Part quarry tiled flooring, door
and stairs rising to the first
Laundry Room: 4.01m (13‘2"e;) x 1.40m
(4‘7"e;)
Work surface with appliance spaces below, plumbing for
washing machine, wall mounted boiler supplying domestic hot water
and central heating,
First Floor Half Landing:
Radiator
Kitchen: 2.46m (8‘1"e;) x 1.88m
(6‘2"e;)
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, appliance space for electric cooker and
fridge freezer, wall mounted cupboard units with shelving, cooker
hood, tiled splash backs, extractor fan, door to
Shower Room: 2.39m (7‘10"e;) x 1.75m
(5‘9"e;) into door recess.
Radiator, shower tray with wall mounted mains shower and
screen door, pedestal wash basin with hot and cold mixer tap and
tiled splash backs, close coupled wc.
Landing: Stairs rising to second
floor
Living Room: 3.73m (12‘3"e;) x 3.33m
(10‘11"e;)
Radiator, cast iron fireplace with wood surround and
mantel piece, shelving in alcove, aspect to the rear.
Bedroom One: 3.78m (12‘5"e;) x 3.15m
(10‘4"e;) into door recess and alcove.
Radiator, picture rail, shelving in alcove, aspect to the
front.
Bedroom Two: 3.76m (12‘4"e;) x 2.41m
(7‘11"e;)
Radiator, picture rail, aspect to the front.
Second Floor Landing: Door to
Utility Room: 2.59m (8‘6"e;) x 1.55m
(5‘1"e;) maximum.
Stainless steel single drain sink unit with hot and cold
mixer tap set in work surfaces with cupboard, drawers, and
appliance space below, tiled splash backs.
Bathroom: 2.84m (9‘4"e;) x 1.42m
(4‘8"e;)
Radiator, panel bath with hot and cold mixer tap,
integrated shower head low level wc, pedestal wash basin with tiled
splash backs, wall mounted mirror and strip light with shaver
point, built in cupboard, Velux window to the front.
Bedroom Three: 3.78m (12‘5"e;) x 3.10m
(10‘2"e;) into alcove.
Radiator, feature fire cast iron fire grate with wood
surround and mantel piece, picture rail, aspect to the
rear.
Bedroom Four: 3.78m (12‘5"e;) x 3.33m
(10‘11"e;) into alcove.
Radiator, covered fireplace with wood surround and mantel
piece, aspect to the front.
Outside
Front: Secure storage unit, ideal for
bicycles.
Agents Notes:
Council Tax: Exeter City Council – Band B (Currently zero
rated)
EPC D (62)
Length of Lease: Original lease was 999 years from the
24thJune 1990 – 966 years remaining.
Annual Ground Rent: None
Ground Rent Review: Na
Annual Service Charge: None
Service Charge Review: Na
The sale of this property will also include the
freehold interest in the entire property of 41 Springfield Road,
Exeter EX4 6JL.
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.
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Available
For Sale
Make inquiry
01392 433866
4 beds
Terraced
249 days on market
