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St., Johns

Offers in Excess £600,000

| 6

Property Details

• 6 Bedrooms • HMO Investment • Let for 2024/25 • Large communal space


Tenure

freehold


DESCRIPTION

A well maintained and cared for 6-bed HMO student property located between Exeter Universities main campus', Stratham and St Luke's.
Entering the property into an entrance hall, the living room is on your immediate left. Continuing through the hallway is the first of the six double bedrooms on your next left. A large kitchen dining room to the rear of the ground floor with lean to utility space and access to a rear garden. The ground floor also benefits from significant storage with built in storage under the stairs and in the kitchen.

The first floor is arranged with two bathroom suites, comprising with shower, WC, sink and storage one with shower and the other with bath and over shower. A further three double bedrooms can be found on the first floor.
Leading to the second floor via staircase you can find the firth and sixth double bedrooms.

All six bedrooms are good size doubles with built in storage, wardrobe and desk space. Additional and extensive electrical work has been carried out to ensure additional power is available in bedrooms and close to desk and working space.

The property is currently let to students at premium rents for the 2023/24 academic year at £165 per room per week exclusive of bills, on a 48wk tenancy basis. The property is also fully let for the 2024/25 academic year.

The property also benefits from Planning Permission and building regulation approval to remove the internal wall between the kitchen dinner and the lean to/conservatory to allow for kitchen and lean-to/conservatory reconfiguration and redevelopment.

SERVICESThe vendor has advised the following: Mains gas (serving the central heating boiler and hot water), mains electricity, water and drainage.
Virgin Media fibre to cabinet, approx. Download speed 100 Mbps and Upload speed 67 Mbps.
Mobile signal: Several networks currently showing as available at the property. Local authority Zone C. Residents Parking via permit
AGENTS NOTESPlanning Permission and Building Regulation approval for kitchen and lean-to/conservatory reconfiguration
METHOD OF SALEOffers are invited for the freehold interest of the property.
LIVING ROOM11'11" x 15'3"
BEDROOM 112'5" x 9'10"
KITCHEN DINING ROOM9'1" x 20'10"
LEAN TO6'7" x 15'9"
BEDROOM 213'5" x 9'2"
BEDROOM 312'6" x 9'4"
BEDROOM 411'6" x 15'7"
BEDROOM 59'3" x 11'2"
BEDROOM 68'0" x 16'5"
SUMMARY

6 Bedrooms HMO Investment Let for 2024/25 Large communal space... Read more


TENURE

freehold


• 6 Bedrooms • HMO Investment • Let for 2024/25 • Large communal space
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