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Bonhay Road, Exeter

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

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

FloorplanFloorplan
2

Key features

  • ** VIDEO TOUR AVAILABLE **
  • Gas central heating and double glazing
  • Walking distance to campus and the city centre
  • Scope to improve the rental income
  • Close to St Davids station

Description

INVESTMENT PROPERTY (Gross yield 8.8%) - A 5 bedroom terraced house located near to St Davids Station and within walking distance of the city centre and university campus.

This property is being offered for sale as a rental investment, the property has historically been used as a student HMO rental property and has tenants booked for the 2025/26 academic year generating a gross annual income of £28,655 (£120pwpp) with tenants paying their own bills, this would offer a gross return of 8.8%, a figure which has plenty of scope for improvement, we would expect it to achieve something in region of £140pwpp (£33,440pa) if modernised in some areas.

The property is currently empty, this would give any potential purchaser some time to make improvements to the property before a new tenancy starts in September 2025.

The property has 2 bathrooms and 4 good size double rooms, with one smaller room to the first floor rear. There is a large kitchen and separate sitting room, to the rear of the property is a lean to/ utility area, perfect for laundry and secure bicycle storage and there is a courtyard garden out the back. It comes fully furnished and ready to use as a rental property.

For full rental history and income details please get in touch and we will be happy to discuss with you.

Tenure: Freehold

Council Tax: Exeter City Council - Band B

Brochures

Full Details
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: B
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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Bonhay Road, Exeter

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About Hellier Ridley, Exeter

Elmbrook House, New North Road, Exeter, EX4 4LA
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Hellier Ridley Ltd specialise in professional property services, with a personal touch. The one simple aim of our business is to offer our clients the friendliest and most personal service possible, we like to build good, long-standing relationships with our clients and with over 20 years experience in the local market ranging from high end sales to large letting portfolios we are well equipped to offer help and advice to all ends of the market. Our business has been modelled on time and efficiency, many of the procedures and tools we use are there to allow us to dedicate more of our time to each client, by embracing modern technologies and methods that other agents have yet to adopt we can provide a much better service at a more reasonable cost. If you are thinking of selling or letting, or simply want advice please do not hesitate to give us a call. There is no obligation to use our services and we may be able to offer advice or services that your current agent can't. What have you got to lose!

Why use Hellier Ridley?

- Professional and personal service from an experienced and dedicated team

- We use embrace the modern technologies that most other agents don't!

- Our services often come at a fraction of the cost of other agents representing much better value for money!

- Local and independent, we are enthusiastic and love what we do so give us a call!

Your mortgage

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Years
%
Monthly repayments
£1,549
We think you can borrow up to
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Disclaimer - Property reference 12528588. 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 Hellier Ridley, 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.

*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.
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