St. Johns Road, Exeter

A well-presented and generously proportioned six-bedroom HMO terraced house, offered for sale with no onward chain and with vacant possession.

Situated on the popular St Johns Road, the property enjoys a prime location with excellent access to both the Streatham and St Luke's campuses of the University of Exeter, the Royal Devon and Exeter Hospital, and Exeter City Centre.

The property has historically been operated as a five-bedroom HMO, with the sixth room retained to provide additional communal living space for occupants. However, the current HMO licence permits occupation by up to six residents. When let as a five-bedroom HMO, the property most recently generated an annual rental income of approximately £34,000, excluding utility costs but including water rates.

Arranged over three floors, the accommodation is both versatile and spacious. The ground floor comprises two double bedrooms, an open-plan kitchen/dining room, and a shower room with WC. The first floor provides three further double bedrooms, a family bathroom, and a separate WC. On the second floor is an additional double bedroom together with a useful utility/storage room.

Retaining much of its original character and charm, the property features attractive period details including feature fireplaces in several rooms and a stained-glass panel within the entrance hall.

To the rear is a delightful enclosed garden, predominantly laid to lawn and benefitting from gated rear access.

Internal viewing is highly recommended.

Agents Note - The property benefits from a current HMO licence permitting occupation by up to six individuals. The current owners have elected to let the property to five tenants, utilising the sixth room as additional communal living space to enhance the accommodation on offer. The property most recently achieved a rental income of £34,000 per annum when occupied by five tenants.

Material Information - Utilities: Mains gas, electricity, water, and drainage.

Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.

Viewing Arrangements - Strictly by appointment with Naomi J Ryan Estate Agents.

Referral Fee Disclosure - We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.