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Union Road, Exeter

PROPERTY TYPE

Terraced

BEDROOMS

6

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

  • HMO Investment Property
  • Gross Income of £47,586
  • 6 Double Bedrooms
  • Prime Student Location
  • Spacious Kitchen / Diner
  • Dishwasher, Washing Machine & Tumble Dryer

Description

INVESTMENT PROPERTY (Gross yield 7.6%) - A spacious 6 bedroom townhouse located in a prime student area.

This property is situated on Union Road, only a short walk to the uni campus as well as the city centre. It has 6 good size double bedrooms, a spacious open plan kitchen/diner and a large living room. The property is well presented throughout and has been well maintained by the vendor, it has gas central heating, adequate kitchen, washing facilities including a dishwasher, washing machine and tumble dryer. To the rear of the house is a gravelled garden with a seating area and bike storage.

The house has been well looked after with plenty of reinvestment to ensure it's in good condition, recently the bay windows to the front have been replaced along with new gutters/facias and repainting.

The property is currently let to a group of 6 students at a rate of £165pwpp. Tenants are also signed up for the 25/26 academic year at £166pwpp / £47,586 total for the 11 month tenancy, the rent is exclusive of all utilities except for broadband which the landlord provides. For full historic rental figures please get in touch, owing to it's popular location it's always been quick to let and we anticipate a further rent increase for the 26/27 academic year.

To arrange a viewing please give us a call.

Tenure: Freehold

All of the furniture and appliances are included in the sale.

The property has a HMO licence for 6 people. It has long established use as a student let and the vendors have submitted a planning application to obtain a C4 Planning Consent Certificate of Lawfulness.

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: E
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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Union 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
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Monthly repayments
£2,908
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Disclaimer - Property reference 12666407. 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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