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SSTC with Southgate Estates. Offering 8 double letting rooms over three floors, this sizeable, established HMO has student lettings agreed the 2019/2020 academic year with a gross income: £49,280.
Situated within walking distance of the city centre, this central location also offers excellent access to a wide range of local amenities, including the University of Exeter’s St Luke’s Campus, Waitrose, the popular shops and cafes of Magdalen Road, nearby supermarkets and both hospitals. Benefitting from off-street parking for two vehicles, the property comprises a large well equipped modern kitchen, a living room and 8 double letting rooms, including one en-suite room. The property is in excellent decorative order and is fully furnished.
Tenancy agreements are already in place for the coming academic year with a rental income of £4320 pcm for the period from 1st September 2018 to 31st July 2019, increasing to £4480 pcm for the period from 1st September 2019 to 31st July 2020.full description
The front door opens into an entrance hallway which provides access to the living room, kitchen and Bedroom 1. Stairs rise to the first floor with storage under and a uPVC double glazed window to the side aspect.
Living Room (14' 11'' x 11' 11'' (4.55m x 3.63m) max plus bay window)
A spacious living room benefitting from a bay window to front aspect, a radiator and a feature cast iron fireplace with wooden surround and mantel.
Bedroom 1 (13' 10'' x 12' 1'' (4.22m x 3.68m) max)
A well-proportioned double bedroom with laminate flooring, French doors opening onto rear garden, a feature fireplace with wooden surround and slate effect hearth, and a radiator.
Kitchen (14' 8'' x 11' 10'' (4.47m x 3.60m))
A contemporary kitchen which has been well designed for multiple sharers. Incorporating a range of grey gloss units with roll edge worktops, a splashback and a double sink with mixer tap over. Appliances include an American-style fridge freezer, an additional fridge, 2 separate fan ovens, 2 gas hobs and 2 washing machines. There is also a radiator, uPVC double glazed windows to both side aspects and a door to Bedroom 2.
Bedroom 2 (12' 0'' x 11' 8'' (3.65m x 3.55m))
A further double bedroom with uPVC double glazed windows to the the side and rear aspects as well as a door to the garden. There is also a radiator and an airing cupboard housing the gas combination boiler.
First Floor Landing
A split level landing, with uPVC double glazed windows to both side aspects.
Bedroom 3 & En-Suite (12' 2'' x 12' 0'' (3.70m x 3.65m) max plus bay window and en-suite)
A large double bedroom benefitting from laminate flooring, a bay window to the front aspect, three fitted double wardrobes and a radiator.
A door provides access to the en-suite which comprises a corner shower cubicle with electric shower, a low level WC, a pedestal wash hand basin, a radiator, an extractor fan and an obscured uPVC double glazed window to the front aspect.
Bedroom 4 (13' 11'' x 12' 1'' (4.25m x 3.68m) max)
Double bedroom with a uPVC double glazed window to the rear aspect and a radiator.
Bedroom 5 (12' 0'' x 11' 3'' (3.66m x 3.44m) plus doorway)
A double bedroom with a uPVC double glazed window to the rear aspect and a radiator.
A white four piece suite comprising a shower cubicle with electric shower, a bath, a pedestal wash handbasin and a close coupled WC. There are also two sash windows to side aspect with original-style Victorian glazing, a radiator and an extractor fan.
Second Floor Landing
A further landing with a Velux window to rear aspect and doors giving access to the bathroom and Bedrooms 6, 7 and 8.
Bedroom 6 (13' 6'' x 9' 3'' (4.12m x 2.83m) max)
A double bedroom with a uPVC double glazed window to the side aspect and a radiator.
Bedroom 7 (12' 11'' x 11' 11'' (3.93m x 3.63m) max)
A double bedroom with a uPVC double glazed window to the front aspect and a radiator.
Bedroom 8 (12' 0'' x 10' 5'' (3.67m x 3.17m) max)
A double bedroom with a uPVC double glazed dormer window to the rear aspect and a radiator.
A white three piece suite comprising a corner shower cubicle with electric shower, low level WC and a pedestal wash handbasin. There is a Velux window to rear aspect, vinyl flooring and an extractor fan.
Garden & Parking
The rear garden may be reached from either bedroom 1 or bedroom 2. Extending accross the rear of the property and along the side of the kitchen and bedroom 2, the low maintenance rear garden is paved and laid with stone chippings. Private parking to the rear of the house is available for two vehicles.
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