Guide price
£350,000
8 bed terraced house for saleAlphington Street, Exeter EX2
8 beds
3 baths
Just added
Freehold
About this property
Substantial HMO
Fully stripped and ready for refurbishment
Up to 8 rooms/units
Rear garden
Central location
A fantastic opportunity to acquire blank canvass HMO which has been fully stripped out and ready for renovation to your specification. The substantial property on Alphington Street offers the potential for up to eight letting rooms/units, including what would be a nice size garden flat at the ground floor rear. An alternative configuration could be five larger self-contained units. Either option would generate generous rental returns and a significant return on investment.
The location
The central location is ideal for access into the city which offers a comprehensive range of amenities. Alphington road also provides a walking distance connection to Marsh Barton, ideal for renters working in that area. Driving routes to the M5 and A30/A38 are also extremely accessible.
Services
Local Authority: Exeter City Council
Tax Band: E
Tenure: Freehold
Heating: None currently
Services: Mains water and mains drainage
Energy Efficiency Rating: E (Commercial EPC)
Flooding- This is deemed to be low risk for rivers & seas and low for surface water.
Internet- We understand that standard, superfast and ultrafast broadband can be found in this locality providing a download speed up to 1000Mbps.
Mobile Phone signal - Several networks are currently displayed as available at the property with O2, EE and Vodafone showing as strongest.
Agent's notes
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers once any sale is agreed, and check proof of funding. We use the services of a third party, Hipla, a Law Society Licensed company. We will require the full name, mobile phone number and current address of all buyers. There is a nominal charge of £24 including VAT for this, (per person), payable direct to Robert Williams Estate Agents. Details will be provided upon request. Please note, we are unable to issue a memorandum of sale until all the required mandatory checks are complete.
It is a mandatory requirement for a Sales or Lettings Agent to be part of a redress scheme, we have membership with The Property Ombudsman (a government approved redress scheme). It is a mandatory requirement for a Lettings Agent to be part of a Client Money Protection scheme, we have membership with Propertymark (a government approved client money protection provider).
The location
The central location is ideal for access into the city which offers a comprehensive range of amenities. Alphington road also provides a walking distance connection to Marsh Barton, ideal for renters working in that area. Driving routes to the M5 and A30/A38 are also extremely accessible.
Services
Local Authority: Exeter City Council
Tax Band: E
Tenure: Freehold
Heating: None currently
Services: Mains water and mains drainage
Energy Efficiency Rating: E (Commercial EPC)
Flooding- This is deemed to be low risk for rivers & seas and low for surface water.
Internet- We understand that standard, superfast and ultrafast broadband can be found in this locality providing a download speed up to 1000Mbps.
Mobile Phone signal - Several networks are currently displayed as available at the property with O2, EE and Vodafone showing as strongest.
Agent's notes
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers once any sale is agreed, and check proof of funding. We use the services of a third party, Hipla, a Law Society Licensed company. We will require the full name, mobile phone number and current address of all buyers. There is a nominal charge of £24 including VAT for this, (per person), payable direct to Robert Williams Estate Agents. Details will be provided upon request. Please note, we are unable to issue a memorandum of sale until all the required mandatory checks are complete.
It is a mandatory requirement for a Sales or Lettings Agent to be part of a redress scheme, we have membership with The Property Ombudsman (a government approved redress scheme). It is a mandatory requirement for a Lettings Agent to be part of a Client Money Protection scheme, we have membership with Propertymark (a government approved client money protection provider).
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Monthly repayment
£1,750 per month
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