£625,000

6 bedroom town house for sale

Exeter, EX4
terraced house terraced house
bedrooms 6 bedrooms
property_incontent_1

Property description

INVESTMENT PROPERTY (Gross yield 7.6%) - A spacious 6 bedroom townhouse located in a prime student area.This property is situated on Union Road, only a short walk to the uni campus as well as the city centre. It has 6 good size double bedrooms, a spacious open plan kitchen/diner and a large living room. The property is well presented throughout and has been well maintained by the vendor, it has gas central heating, adequate kitchen, washing facilities including a dishwasher, washing machine and tumble dryer. To the rear of the house is a gravelled garden with a seating area and bike storage.The house has been well looked after with plenty of reinvestment to ensure it's in good condition, recently the bay windows to the front have been replaced along with new gutters/facias and repainting.The property is currently let to a group of 6 students at a rate of £166pwpp the 25/26 academic year, £47,586 total for the 11 month tenancy, the rent is exclusive of all utilities except for broadband which the landlord provides. For full historic rental figures please get in touch, owing to it's popular location it's always been quick to let and we anticipate a further rent increase for the 26/27 academic year.To arrange a viewing please give us a call.Tenure: FreeholdAll of the furniture and appliances are included in the sale.The property has an HMO licence for 6 people and a C4 Planning Consent Certificate of Lawfulness.
EPC Rating: D
Read more
property_header

Property photos

property_incontent_2

Interested in this property?

Check Your Credit Report & Score

Council tax

Ask agent

First listed

Over a month ago

Energy Performance Certificate

Exeter, EX4

Marketed by

Hellier Ridley - Exeter Elmbrook House, New North Road Exeter EX4 4LA
Call agent on 01392 976588
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Exeter

Exeter, EX4 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Hellier Ridley - Exeter. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hellier Ridley - Exeter for full details and further information.
property_vrec_1