Exeter
- PROPERTY TYPE
Terraced
- BEDROOMS
7
- BATHROOMS
7
- 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.
Freehold
Key features
- Guide price £550,000 - £575,000
- Turn key HMO investment
- 6/7 Bed HMO
- Convenient location for access to the Quay and City Centre
Description
This large terraced property has recently undergone total renovation to create an all en-suite professional HMO. A turnkey investment opportunity offering circa 12% gross yield.
The property also benefits from a large communal living room, dining room and kitchen. With a rear low maintenance garden offering outside space and external storage for tenants.
Price guide £550,000 - £575,000.
Income -
The property is currently achieving £4,675 monthly income with one room still to be let. Annual gross rent roll forecast in the region of £69,000.
Situation
The Cathedral City of Exeter is one of the most vibrant and attractive cities in Southern England. With a population of almost 120,000, expanding Top 10 University and growing Business and Science Parks, the City lies on the beautiful River Exe. The City is within half an hour's drive of the coast and moors and is the region's major administrative, commercial and retail centre with major employers including the County Council, County Police, Met Office and the University.
The historic Quayside provides some lovely riverside walks with it's restaurants, pubs and coffee shops. A regular bus service runs along Alphington Street into the city centre and surrounding towns. Exeter has a direct rail link to London Paddington and Waterloo as well as an International Airport is about five miles away.
Directions
From Western Way continue south to the double bridges over the Exe River. Take the first exit signposted towards Plymouth, continue over the crossroads at the leisure centre and the property is on the right.
SERVICES
The property is connected to mains water, electricity and drainage. Mobile coverage is strong on multiple networks with BT and Sky providers of superfast broadband available at the property with speeds of 67mbps - 1000mbps.
AGENT NOTE
Viewing strictly via instructed agent. Council tax band D. EER 'D'.
METHOD OF SALE
Offers are welcomed for the freehold interest of the property
Brochures
Particulars- 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: D
- 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.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Exeter
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About Wilkinson Grant & Co Land & Investment, Topsham
72 Fore Street, Topsham, EX3 0HQ
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Visit our security centre to find out moreDisclaimer - Property reference LND230032. 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 Wilkinson Grant & Co Land & Investment, Topsham. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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