Bonhay Road, Exeter, EX4
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
1
- SIZE
1,292 sq ft
120 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
- Excellent investment opportunity
- Prime city centre location
- Suitable as a studnet or professional let
Description
A excellent opportunity to acquire a 5 bedroom investment property with scope for high returns.
This 3 storey terraced property has been used as a student and professional houseshare let over recent years; it’s in need of some modernisation but will provide investors a great opportunity to acquire a property they can make their mark on and return it to the student or houseshare market and achieve excellent returns upward of 9-10%.
Should this property be modernised, we would expect it to achieve around £150 per week per person (£3,260pcm) on the student market, or around £575-£625 per room (£3,000pcm) on the professional houseshare market. Equally it would make an excellent family home.
Location: Situated on Bonhay Road, a prime City centre location that’s popular with students and professionals alike due to its proximity to the City centre, University and train station.
Ground floor:
Entrance hallway
Front facing living room with bay window
Bedroom 1 - medium sized double room
Good size kitchen facing the rear
Long utility area to the side of the house with a rear WC
First floor:
Bedroom 2 - very large front facing bedroom with bay window
Bedroom 3 - medium sized double room
Bathroom - shower and WC
Bedroom 4 - small double room
Second floor:
Bedroom 5 - medium attic double room with restricted head height
Outside:
Enclosed rear garden with artificial grass
Small front garden with storage for bins
Furnishing: The property is fully furnished which could be included within the sale, subject to negotiation.
Parking: The property is located in a residential permit area and would be eligible for 2 permits
Tenure: Freehold. The property is currently tenanted with the remaining few tenants due to leave by the end of April.
Article 4 planning: The property is located in the restricted article 4 planning zone, a planning applicaton to obtain a certificate of lawfulness is in the process of being submitted, please get in touch if you have any further questions or would like an update on that.
EPC Rating: C
- 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.
- 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.
- Ask agent
Bonhay Road, Exeter, EX4
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Visit our security centre to find out moreDisclaimer - Property reference 6fa65b10-113b-4ec4-a2d5-5eaa7f174fd1. 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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