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Bonhay Road, Exeter £239,950

Sold STC
  • Front Elevation
    Bonhay Road
  • Living Room
    Bonhay Road
  • Kitchen
    Bonhay Road
  • Bedroom 4
    Bonhay Road
  • Bedroom 1
    Bonhay Road
  • Bedroom 3
    Bonhay Road
  • Bathroom
    Bonhay Road
  • Garden
    Bonhay Road

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  • 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

Tenure: Freehold.


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Name Location Type Distance
Bonhay Road
Exeter EX4 4BL
County: Devon
Sale Type: Sold STC
Ref #: 0405
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