Aldrin Road, Exeter, EX4
- PROPERTY TYPE
Detached
- BEDROOMS
6
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Potential Income £50,820 Per Annum
- Off Road Parking
- Tenants in situ
- Management Company In Place
- Sought after Location
- Large Garden
Description
Located in the desirable Pennsylvania area of Exeter, this professional HMO presents a prime opportunity for investors. The property includes 6 high-quality, fully furnished bedrooms, complete with essential communal facilities, perfectly suited to meet the demands of working professionals. The property currently has a rental income of £43,020 per annum. The current owner is in the process of applying for planning permission to convert one of the communal areas to a 7th bedroom, this would add approximately another £7,800 to the yearly rent.
The property has already been granted a licence for 7 occupants from Exeter City Council, once the planning application has approved, the property will comprise, a large and spacious communal lounge, kitchen/ dining room leading to a good sized utility room, 7 double bedrooms, 1 bathroom, 1 shower room and a further cloakroom on the ground floor. The property also benefits from a driveway, providing parking for 2 cars, alongside the garage. There is an incredibly large garden to the rear, arranged on three levels.
Investors will value the seamless management provided by a professional team, ensuring first class service and maintenance. This turnkey solution is ideal for those aiming to bolster their portfolio in the professional rental market with minimal operational involvement required.
Seize this exceptional opportunity to secure a valuable asset in one of Exeter’s most esteemed neighborhoods, promising a stable and increasing income. Contact us to explore this and other exclusive off-market investment opportunities. We're here to assist you in finding the ideal addition to your investment portfolio.
Note: Please note this property will be being sold with all tenants in situ.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: E
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Aldrin Road, Exeter, EX4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St James Park Station0.8 miles
- Polsloe Bridge Station1.0 miles
- Exeter Central Station1.2 miles
About the agent
Northwood, Exeter
5 Southernhay West, Exeter, EX1 1JG
Northwood was founded in 1995 in Portsmouth but now has a national network of branches from Aberdeen to Plymouth and from Cardiff to Norwich. We operate a high calibre letting, estate agency and financial services business and we are renowned for our unique Guaranteed Rental Income Scheme that is not an insurance policy. Contact us now!
With over 25 years experience in traditional property management, sales and financial services our Exeter team will be happy to help, whether you are lo
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference P2586. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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