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Magdalen Road, Exeter

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

1

SIZE

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TENURE
Describes 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

  • This is a licenced five bedroom end terraced HMO which is currently let to professional tenants with a rental income of £37,140 per annum, inclusive of bills, representing a 10.65% return. The prope

Description

Description

This is a licenced five bedroom end terraced HMO which is currently let to professional tenants with a rental income of £37,140 per annum, inclusive of bills, when fully let. The property benefits from gas fired central heating, upvc double glazed replacement windows and wall enclosed rear gardens, set it an excellent location for the nearby RD&E Hospital, Medical School and access to St Luke’s campus of Exeter University as well as Exeter City Centre.

THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING

Ground floor:  Entrance door to

Vestibule: Part glazed door to

Hallway: Feature arch, stairs rising to first floor with cupboard below.

Kitchen/Diner: 4.83m (15'10") x 3.20m (10'6")

Radiator, one and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap set in work surfaces with cupboards, appliance space below, tiled splash backs, matching wall mounted cupboard units, built in cupboard housing a wall mounted boiler supplying domestic hot water and gas central heating, door to rear gardens.

Bedroom One: 4.44m (14'7") x 3.86m (12'8") into bay and alcove.

Two radiators, covered fireplace with tiled surround and mantel piece, picture rail, ceiling architrave, exposed floorboards, aspect to the front.

Bedroom Two: 3.63m (11'11") x 3.23m (10'7") into alcove.

Radiator, exposed floorboards, aspect to the rear.

First Floor Landing:

Bedroom Three: 3.61m (11'10") x 3.28m (10'9") into alcove.

Radiator, cast iron fire grate with wood surround and mantel piece, aspect to the rear.

Bedroom Four: 3.63m (11'11") x 3.23m (10'7")

Radiator, cast iron fire grate with wood surround and mantel piece, picture rail, aspect to the rear.

Bedroom Five: 4.62m (15' 2") x 3.76m (12' 4") into bay and alcove.

Radiator, cast iron fireplace with wood surround and mantel piece, picture rail, aspect to the front.

Shower Room/Wc: 1.90m (6'3") x 1.63m (5'4")

Shower tray with wall mounted electric shower and screen door, close coupled w/c, pedestal wash basin, part tiles surround.

Outside

Front: Enclosed frontage/bin store.

Rear Garden: Enclosed courtyard garden with pedestrian access to service lane, integrated storage shed with plumbing for washing machine.

Agents Notes:

Council Tax: Exeter City Council – Band C (Currently zero rated)

EPC D (66)

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.

 

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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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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.
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Magdalen Road, Exeter

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About Cardens Residential, Exeter

23 Longbrook Street, Exeter, EX4 6AB
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

To the Cardens Residential website. Founded in 1991 by Director Jon Carden, Cardens is an independent Practice of Estate Agents, Letting Agents and Property Acquisition Agents, benefitting from a wealth of local experience. We always endeavour to provide property advice of the highest quality, designed to suit the needs of the individual client, as we know just how difficult the buying selling , letting and management of residential property can be.

We see this as an integral part of the agents role to accompany viewers to property viewing appointments wherever possible, in order that genuine feedback can be relayed to our clients as early as possible and to ensure the sales opportunity is maximised

Our market knowledge, professional expertise and experience are second to none and our commitment to matching our service to the individual needs of our clients ensures our position at the forefront of all things property in the beautiful cathedral city of Exeter.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,536
We think you can borrow up to
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Disclaimer - Property reference 5006. 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 Cardens Residential, 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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