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Guide Price £760,000

House | 9

Sold STC

Accommodation Summary

Fully refurbished City centre HMO
Fully Let
3 Bed HMO
6 Bed HMO
Net income in excess of £46,000 pa
Located on the corner of Southernhay
Grade II Listed

Directions

From the Wilkinson Grant & Co Exeter office, walk down to the High Street and across towards Princesshay. Passing Debenhams on your left, continue into Southernhay where you will find 50 Magdalen Street as the very last building on the left. The front door is on Magdalen Street.

Situation

Located in the historic Southernhay area of Exeter a stones throw from Exeter's Princesshay Shopping Centre and the Cathedral. The city centre boasts an excellent selection of shops, restaurants and cafes. Exeter offers plenty of quality sports and recreational facilities, including golf, swimming, athletics and has both rugby and football clubs. The River Exe, canal and Quayside are just a short walk away where sailing, canoeing, rowing and fishing can be enjoyed.

Description

These flats are contained within a beautiful townhouse that has been completely reconfigured and restored by an experienced developer. The aim was to make the building as operationally efficient as possible whilst creating an inviting environment for student and professional tenants.

Number 50 is located in the City centre, close to St Luke's campus and within walking distance of the main campus. The current tenants inform us that close proximity to the City centre is more important than being close to the University main campus’. It too appeals to professionals, particularly those who work at Southernhay or Princesshay.

SUMMARY

Extensively modernised TOWNHOUSE currently Arranged as a 3 bed HMO and 6 bed HMO. CLOSE TO THE CITY CENTRE. No Student restriction and with good access to University. Suited to PROFESSIONAL OR STUDENT LETTING. Gross yield c. 7.7%... Read more

Accommodation Summary

Fully refurbished City centre HMO
Fully Let
3 Bed HMO
6 Bed HMO
Net income in excess of £46,000 pa
Located on the corner of Southernhay
Grade II Listed

Directions

From the Wilkinson Grant & Co Exeter office, walk down to the High Street and across towards Princesshay. Passing Debenhams on your left, continue into Southernhay where you will find 50 Magdalen Street as the very last building on the left. The front door is on Magdalen Street.

Situation

Located in the historic Southernhay area of Exeter a stones throw from Exeter's Princesshay Shopping Centre and the Cathedral. The city centre boasts an excellent selection of shops, restaurants and cafes. Exeter offers plenty of quality sports and recreational facilities, including golf, swimming, athletics and has both rugby and football clubs. The River Exe, canal and Quayside are just a short walk away where sailing, canoeing, rowing and fishing can be enjoyed.

Description

These flats are contained within a beautiful townhouse that has been completely reconfigured and restored by an experienced developer. The aim was to make the building as operationally efficient as possible whilst creating an inviting environment for student and professional tenants.

Number 50 is located in the City centre, close to St Luke's campus and within walking distance of the main campus. The current tenants inform us that close proximity to the City centre is more important than being close to the University main campus’. It too appeals to professionals, particularly those who work at Southernhay or Princesshay.

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