Sold STC
  • 602942_LND200015_11
  • 602942_LND200015_09
  • 602942_LND200015_10
  • 602942_LND200015_11
  • 602942_LND200015_09
  • 602942_LND200015_10

Accommodation Summary

• 8 Flats let to Students
• 6 x 2 bed, 1 x 3 bed, 1 x 5 bed
• Income of c.£154,000 (6.7% Net of utility bills)
• Situated within Article 4 area between the University and the city centre

Directions

From New North Road at the Clocktower head onto Hele Road. At the roundabout turn left into St. Davids Hill. Continue towards the city centre over the iron bridge. The property can be found through the archway on the left of the Iron Bridge.

Situation

The Cathedral City of Exeter is one of the most vibrant and attractive cities in Southern England. With a population of almost 120,000, expanding Top 10 University and growing Business and Science Parks, the City lies on the beautiful River Exe. The city is within half an hour's drive of the coast and moors and is the region's major administrative, commercial and retail centre with major employers including the County Council, County Police, EDF, Flybe, Met Office, Highways Agency and the University.

The Iron Bridge is conveniently positioned close to the city centre with its wide range of shopping and leisure facilities. Exeter College and the University of Exeter are nearby, whilst St. Davids Railway Station is a short walk away and offers direct links to London Paddington and London Waterloo Railway Stations.

Exeter's premium dining destination 'Queen Street' is a short walk into town and offers a variety of restaurants and eateries to enjoy whilst Princesshay Shopping Centre is the perfect location to shop and enjoy coffee. Theatres and cinemas are located within the centre and leisure and water sports can be enjoyed on Exeter's historic Quayside.

Description

HMO INVESTMENT OPPORTUNTIY between the UNIVERSITY CAMPUS and the City Centre. Current GROSS RENT £154,000 PA (c.6.7% Net Yield)

Property info