Terraced house for sale in Danes Road, Exeter EX4

A well presented five bedroom licensed student HMO with a contract in place for the 2023/2024 academic year understood to be generating an income of £38,400 over this period and a tenancy agreed for the 2024/2025 academic year which will generate another net income of £38,400 over the 11 months tenancy.

The property is spacious and benefits from gas fired central heating and upvc double glazed replacement windows.

Situated in a prime location for Exeter University’s Streatham campus and access to Exeter City Centre.

Description

This is a well presented five bedroom licensed student HMO with a contract in place for the 2023/2024 academic year, understood to be generating an income of £38,400 over this period and a tenancy agreed for the 2024/2025 academic year generating another net income of £38,400 over 11 month tenancy. The property further benefits from gas fired central heating, upvc double glazed windows, open plan kitchen/communal room. The property is situated in a prime student location handy for Exeter University’s main Streatham campus as well as Exeter City Centre.

The accommodation, with approximate measurements, comprises the following

Ground floor: Entrance door to

Vestibule: Quarry tiled flooring, door to

Hallway: Radiator, feature arch, stairs rising to first floor with cupboard below.

Bedroom One: 4.06m (13'4") x 3.61m (11'10") into bay and alcove.

Radiator, fireplace with wood surround and mantel piece, picture rail, ceiling architrave, aspect to the front.

Bedroom Two: 3.30m (10'10") x 2.90m (9'6") into alcove.

Radiator, built in wardrobe, picture rail, aspect to the rear.

Kitchen/Communal Room: 5.89m (19'4") x 3.05m (10'0")

Radiator, one and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap, four ring electric halogen hob, set in work surfaces with cupboards, drawers, built in electric oven and appliance space below, plumbing for dishwasher, tiled splash backs, wall mounted cupboard units, cooker hood, door to.

Utility: 4.72m (15'6") x 1.30m (4'3")

Plumbing for washing machine, upvc double glazed door to rear garden.

First Floor Landing: Radiator, access to roof space, built in cupboard over stairs.

Bedroom Three: 3.73m (12'3") x 3.10m (10'2") into alcove.

Radiator, built in wardrobe, cast iron fireplace with mantel piece, aspect to the front.

Bedroom Four: 3.30m (10'10") x 2.90m (9'6") into alcove.

Radiator, cast iron fireplace with wood surround and mantel piece, built in wardrobe in alcove, aspect to the rear.

Bedroom Five: 4.65m (15'3") x 4.11m (13'6") into bay and alcove.

Radiator, picture rail, aspect to the front.

Bathroom: 1.93m (6'4") x 1.47m (4'10")

Radiator, panel bath with hot and cold mixer tap, wall mounted electric shower and screen, pedestal wash basin, close coupled w/c, tiled surround.

Outside

Rear Garden: A wall enclosed courtyard garden laid out to paved patio with a pedestrian access to a service lane.

Frontage: Enclosed low maintenance frontage – bin store area.

Agents Notes:

Council Tax: Exeter City Council – Band C (Currently zero rated)

EPC C (71).

For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.

Viewing by appointment with Cardens Residential with 24 hours' notice.