- Smartly presented property
- Gas central heating and double glazing
- Close to St Davids station
- Walking distance to campus and the city centre
- Modern kitchen
- Annual income of £16,731
An excellent opportunity to acquire an established and stable 4 bedroom student investment property generating a gross return of around 7%.
The property is set over 2 floors, the ground floor consists of one large bedroom, a good size living room and large modern kitchen. The first floor has 3 further bedrooms, a large to the front, medium in the middle and smaller one to the rear, the main bathroom has a shower and toilet. To the rear of the property is a paved courtyard garden with a storage cupboard. The house has been under our management for the last 4 years and has been well looked after, with regular maintenance inspections, appliance servicing and re-decoration.
The property is currently tenanted by 4 students on a tenancy running until July 2019, this tenancy will generate an income of £16,731, this offers a gross return of around 7%. Tenants for the 2019/20 academic year will be secured in mid November giving a secured income until July 2020.
If you would like further information about the property please give us a call.
Council Tax: Exeter City Council Band B