Chute Street, Exeter, EX1
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
4
- SIZE
1,130 sq ft
105 sq m
- 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
- Fully let to students every year for the past 10 years
- 4 Double bedrooms
- 4 Bathrooms, (3 ensuite bedrooms)
- Close proximity to the city centre and uni campus
- Perfect for students at the main campus or St Lukes
- Gas central heating and double glazing
Description
An excellent opportunity to acquire an established and stable 4 bedroom, 4 bathroom student HMO investment property generating a gross return of 7.8%.
This student property is let for the 2025/26 academic year and will generate an annual gross income of £29,656. It's a 4 bedroom terraced house in touching distance of the city centre, perfect for anyone studying at the main campus or St Lukes. The property has been kept to an excellent standard, all of the bedrooms are doubles and 3 of them have en-suite bathrooms, the other has exclusive use of the ground floor shower room. There is a large modern kitchen, living room and garden for all of the rooms to share. The property is located Newtown, popular for its local shops, pubs, parks and close proximity to the city centre. With an EPC rating of C the property is energy efficient and ready for the upcoming legislation changes.
The fire alarm is currently serviced twice yearly and the alarm checked by a professional company on a monthly basis. The potential rent for 26/27 academic year is £31,514 (£165pwpp)
The property will be sold with a full set of modern furniture and appliances.
Utilities and Services: Mains metered water, gas and electric.
Parking: Residential permits available.
Tenure: Freehold
At 4 bedrooms this property doesn't require an HMO Licence, however it is fully equipped with fire doors, mains powered fire alarm system and other elements should that requirement change in the future.
For further tenancy/income details please get in touch with us.
EPC Rating: C
Living room
3.64m x 3m
Kitchen
3.19m x 2.54m
Bathroom
1.48m x 1.74m
Bedroom 1
3.63m x 3.03m
Bedroom 2
2.37m x 2.97m
Bedroom 3
3.6m x 2.94m
Bedroom 4
3.15m x 5.27m
Brochures
Property Brochure- 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: C
- 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.
- Ask agent
Chute Street, Exeter, EX1
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Visit our security centre to find out moreDisclaimer - Property reference e0f91c75-4dfb-4297-a2ad-37e2100c5d89. 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.
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