Terraced house for sale in Hillsborough Avenue, Exeter EX4

This is spacious 6 bedroom Licenced student investment property with a tenancy agreement in place for the remaining 2023/2024 and a tenancy agreed for the 2024/2025 academic year generating a rental income of £47,190 over the 11 month period, exclusive of utility bills.

It benefits from gas fired central heating, upvc double glazed replacement windows, a separate communal room and enclosed rear gardens with a storage shed.

The property is situated in a prime student location handy for the main University campus of Streatham and Exeter City Centre.

Description

This is a spacious six bedroom licenced student HMO which has a tenancy agreement in place for the forthcoming 2024/2025 academic year, generating an income in the region of £47,190, exclusive of bills, over the 11 month period. The property is situated in a prime student location, handy for the main University campus of Streatham as well as access to Exeter City Centre and has a general store nearby.

The accommodation, with approximate measurements, comprises the following

Ground Floor: Entrance door to

Vestibule: Dado rail, ceiling architrave, part stained glass door to

Hallway: Radiator, stairs rising to the first floor with a recess below.

Bedroom One: 4.62m (15'2") x 3.81m (12'6") into bay and alcove.

Radiator, feature fireplace with wood surround and mantel piece, shelving and desktop in alcove, ceiling architrave, aspect to the front.

Bedroom Two: 3.91m (12'10") x 3.20m (10'6") into alcove.

Radiator, feature tiled fireplace with wood surround and mantel piece, shelving in alcove, upvc double glazed French doors to rear gardens.

Kitchen: 3.43m (11'3") x 2.59m (8'6")

Radiator, stainless steel single drainer sink unit with hot and cold mixer tap set in l’shaped work surfaces with cupboards, drawers, appliance spaces below, plumbing for dishwasher, single door larder cupboard, tiled splash backs, wall mounted cupboard units, door to rear garden.

Bathroom/Wc: 2.69m (8'10") x 1.70m (5'7") l’shaped.

Radiator, panel bath with hot and cold mixer tap and integrated shower head, pedestal wash basin, tiled splash backs, close coupled w/c, extractor fan, door to

Utility Room: 2.92m (9'7") x 1.17m (3'10")

Wall mounted boiler supplying domestic hot water and central heating, plumbing for washing machine.

First Floor Landing: Stairs rising to the second floor.

Shower Room/Wc: 1.75m (5'9") x 1.60m (5'3")

Radiator, shower tray with wall mounted electric shower and screen door, close coupled w/c, pedestal wash basin, fully tiled surround, wall mounted mirror, extractor fan.

Bedroom Three: 3.43m (11'3") x 2.46m (8'1")

Radiator, built in wardrobe with hanging rail, aspect to the rear.

Bedroom Four: 3.91m (12'10") x 3.23m (10'7") into alcove.

Radiator, cast iron fireplace with wood surround and mantel piece, ceiling architrave, shelving in alcoves, aspect to the rear.

Living Room: 4.95m (16'3") x 4.62m (15'2") into bay and alcove.

Radiator, feature cast iron fireplace with wood surround and mantel piece, ceiling architrave, shelving in alcoves, aspect to the front.

Second Floor Landing:

Bedroom Five: 3.94m (12'11") x 3.23m (10'7") into alcove.

Radiator, cast iron fireplace with wood surround and mantel piece, pedestal wash basin, aspect to the rear.

Bedroom Six: 4.98m (16'4") x 4.06m (13'4") into alcove.

Radiator, cast iron fireplace with wood surround and mantel piece, aspect to the front.

Outside

Rear Garden: Enclosed gardens with paved pathway/patio, brick steps to level lawn with flowerbeds stocked with shrubs. Garden storage shed.

Frontage: Low walled frontage – bin store area.

Agents Notes:

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

EPC D (67)

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

Viewing by appointment with Cardens Residential subject to A minimum Of 24 hours notice required.