Pennsylvania Road, Exeter, EX4
- PROPERTY TYPE
Town House
- BEDROOMS
6
- BATHROOMS
3
- SIZE
1,927 sq ft
179 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
- Unbeatable location
- 6 large double bedrooms
- 3 bathrooms
- Monden kitchen
Description
HMO STUDENT INVESTMENT - An excellent opportunity to acquire an established and stable 6 bedroom HMO investment property generating a gross return of 7.6%, located in one of Exeter’s most popular student areas.
This large and centrally located 6 bedroom student house is on Pennsylvania Road in close proximity the University Campus as well as the city centre, making it very popular with students each year.
It has 6 good size double bedrooms, a large living room, 2 main bathrooms as well as an ensuite bedroom, to the rear is a courtyard garden. The ground floor kitchen, utility and bathroom have been newly refurbished in 2024.
The property is let for the current (25/26) and next (26/27) academic years at £160pwpp/£4,170pcm generating a gross annual income of £45,870, bills are not included within the rent. There is certainly scope for this income to be improved upon in the future.
On the ground floor:
2 double bedrooms, one of which is large
Modern kitchen and utility room which was new in 2024
Modern shower room with WC, also new in 2024
On the first floor:
A good sized double bedroom
At the front of the house is a large living room with plenty of seating and a dining table
Main bathroom with a shower over the bath
Storage cupboard
On the second floor:
A further 2 double bedrooms, the front one is large
On the top floor
A large double bedroom with an ensuite
Outside
To the front is a small garden for bin storage, an ornate pathway and planted beds
To the rear is a walled garden with patio area and raised beds
Tenure: Freehold
Property Status: Grade II listed.
For further tenancy/income details please get in touch with us.
EPC Rating: E
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: E
- LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
- Listed
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- 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
Pennsylvania Road, Exeter, EX4
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Visit our security centre to find out moreDisclaimer - Property reference 1c1025d5-0ded-4c15-a7d2-56c6c981d6b7. 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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