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A nine bedroom property with established use as an HMO which would be a fantastic investment opportunity. Currently let out to students and also pre-let for the 2021/22 academic year, the property is set to produce a gross annual income of £58,320 or £135 per room, per week on a 48-week agreement.
Located in an excellent position on Polsloe Road, the property is within close proximity to St Luke’s Campus, and the main Streatham Campus. This area also enjoys a range of nearby amenities including a convenience store, various green spaces, and Exeter’s City Centre which is just a short distance away.
With the spacious accommodation, the tenancy agreements in place, and the location, we highly recommend internal viewing.full description
Currently ,the property is fully let and is pre-let for the 2021/22 academic year to produce a gross annual income of £58,320 or £135 per room, per week on a 48-week agreement.
The internal accommodation consists of an entrance vestibule and hallway with doors to two of the bedrooms, a shower room, utility room and the lounge/kitchen. Stairs rise to the first floor which provides access to a further four bedrooms and two shower rooms. On the top floor are the remaining three bedrooms.
The property boasts an enclosed garden to the rear with a covered bike store area.
Accurate valuation advice can be key to selling your home for the best price and in the right timescale. If you are asking too much, it will inevitably lead to no viewings or offers and the property will become stale before you know it. Of course, advertising too cheaply can often result in achieving a low sale price. The asking price needs to be right from the onset.
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