INVESTMENT PROPERTY (Gross return of approximately 9%) - A spacious 4 bedroom townhouse located in a popular student area.
Now available for sale is this four bedroom student investment property located in the popular Newtown area of Exeter, a short walk from the City Centre and St Lukes Campus.
The property consists of four double bedrooms, a good sized kitchen and ground floor bathroom, with a pleasant courtyard garden to the rear. Having been consistently rented to students for at least the last ten years the property has a satisfactory planning consent and certificate of lawfulness making it an attractive investment proposition.
While the house is clean and tidy having had proactive maintenance over the last few years, there is plenty of scope to improve and modernise and therefore achieve a better rental return.
Contact us for a viewing today!
Tenancy / income details:
2026/27 = £129pwpp / £24,640 per annum based on an 11 month term (bills included)
Details on bills expenditure available upon request, net return approximately 7.6% with scope for this to be improved significantly.
To arrange a viewing please give us a call.
Tenure: Freehold
All of the furniture and appliances are included in the sale.
The property has a valid C4 Planning Consent Certificate of Lawfulness.
C
Freehold
