EXCELLENT INVESTMENT OPPORTUNITY! - Now available for sale is this unique, light and airy 6 bedroom HMO situated in an excellent location at the bottom of Southernhay, and five minutes walk from the High Street
The first and second floor apartment comprises 6 double bedrooms, 3 of which having their own private ensuite bathroom, while the remain three rooms share a modern spacious shower room. On the second floor there is a generous communal room with fitted kitchen, breakfast bar and comfortable sitting area.
The property is currently rented to working professionals on individual tenancy agreements at a combined expected rent of £3745 per calendar month (inclusive of bills). This offers a competitive return of around 8.5% gross yield, with the potential for this to increased.
NB Flat 4 is also for sale and can be negotiated into any potential purchase, contact us for details.
Tenure: Leasehold (993 years left) plus share of freehold - please enquire for details
EPC Rating: E
Council Tax: Exeter City Council - Band C
C
Share of freehold
