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East John Walk, Newtown

PROPERTY TYPE

Terraced

BEDROOMS

3

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

  • INVESTMENT OPPORTUNITY
  • 3 BEDROOM STUDENT HMO
  • CHARMING
  • GREAT CITY CENTRE LOCATION
  • CLOSE TO EXETER UNIVERSITY ST LUKES CAMPUS

Description

SUMMARY Nestled in the desirable area of Newtown, this three bedroom terraced house offers a perfect blend of period charm and modern convenience. A well laid out and spacious student investment property has achieved many years of successful renting.

Location: Ideally located within walking distance of Exeter City Centre, Exeter University St Luke's campus, RD&E hospital and there is a Waitrose supermarket on the doorstep.

Living Space: Cosy and comfortable living space with feature and character fireplace.

Bedrooms: 3 good sized bedrooms, the property is arranged over three floors so feels spacious and uncrowded.

Outdoor Area: Enclosed low maintenance rear courtyard

Parking: The road is pedestrianised, there is residential permit parking nearby.

Property Tenure: Freehold
Council Tax: C
EPC: D
 

LOUNGE 12' 6" x 10' 2" (3.83m x 3.11m) Fireplace, radiator, uPVC double glazed window with front aspect.  

KITCHEN/BREAKFAST ROOM 10' 6" x 10' 0" (3.22m x 3.07m) uPVC double glazed window with rear aspect, radiator, boiler, cooker, plumbing and space for washing machine, gap for another appliance. Sink with mixer tap and drainage.  

BATHROOM 6' 9" x 6' 11" (2.06m x 2.12m) Radiator, uPVC double glazed window with side aspect, sink, WC and bath with shower. 

BEDROOM 1 14' 4" x 10' 2" (4.39m x 3.11m) Radiator, uPVC doubled glazed window with front aspect, build in wardrobes and storage.  

BEDROOM 2 10' 7" x 10' 0" (3.23m x 3.07m) Radiator, uPVC doubled glazed window with rear aspect. 

BEDROOM 3 15' 9" x 16' 9" (4.82m x 5.12m) uPVC double glazed window with rear aspect, eves storage, radiator,  

LETTINGS/RENTAL INFORMATION Currently empty. In the current condition it could achieve a rent of £137 pw pp, total monthly rent £1,779, yearly total rent of £19,569 which is a 6.5% yearly yield. Has the potential with some improvements to achieve a rent increase to £155 pw pp, total monthly rent £2,013, yearly total rent £22,143 which is a 7.4% yearly yield.  

SERVICES SERVICES Electric Supply: Mains
Heating Supply: Mains Gas
Sewerage: Mains
Water Supply: Mains
Mobile Signal: Several networks showing as available including EE, Vodaphone, 3 and 02
Broadband: Standard, Superfast and Ultrafast
 
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.
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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East John Walk, Newtown

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About Star Investment Properties, Exeter

6 Northernhay Place, Exeter, EX4 3QJ

We are a local family run business, have over 30 years' experience of selling and the management of student investment HMO'S, portfolios, residential HMO's and buy to lets, there is a wealth of experience and knowledge within our business, that is why we are Exeter's leading selling agent for these types of property investments and portfolios. There is also a range of acquisition services we also offer to clients who prefer to have a really knowledgeable expert Property Consultant by their side, investing within property. If you are looking to Sell a Development or Portfolio please also get in touch and we can guide you through the various options you have. Our professionals are experts and have a combined experience of over 50 years working within the industry selling and letting thousands of homes. Senior members are proud members of either the National Association of Estate Agents (NAEA) or the Association of Residential Letting Agents (ARLA).

Your mortgage

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£1,364
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Disclaimer - Property reference 102879000680. 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 Star Investment Properties, 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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