01392 243077
estate agents

Monks Road, Exeter Offers in Excess of £375,000

Sold STC
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  • GROSS INCOME OF £28,020
  • RETURN OF 7.47%
  • 5 BEDROOMS
  • FULLY LET
  • VERY GOOD CONDITION


A very well presented and looked after fully let HMO property that is currently let to working professionals. The property currently has a gross income of £28,020 and a net income of £25,140 with a gross return of 7.47%. The property also benefits from a modern kitchen, a modern bathroom, a w/c, a sun room, an enclosed garden and a large storage shed with power.


Entrance Hall

Door to the front aspect, radiator. Understairs storage cupboard. Stairs to First Floor Landing. Door to:

Bedroom 1

17' 0'' x 10' 7'' (5.18m x 3.22m)

A dual aspect room with a double glazed window to the front and side aspect, radiator

Bedroom 2

11' 6'' x 11' 0'' (3.50m x 3.35m)

French doors to Sun Room, radiator,

Dining Room

10' 0'' x 9' 4'' (3.05m x 2.84m)

Sash window and door to the sun room, radiator, door to,

Kitchen

9' 4'' x 7' 3'' (2.84m x 2.21m)

A range of matching floor and wall mounted units with a roll top work top and drawer units, inset sink with drainer and mixer tap over, integral oven, inset hob, space for fridge and washing machine, double glazed window to the rear aspect,

Sun Room

18' 0'' x 7' 7'' (5.48m x 2.31m)

Double glazed door and window to the rear garden, radiator x 2, door to w/c

W.C

A low level w/c

First Floor Landing

Banister over stairs, radiator, loft access point, double glazed window to the side aspect, doors to

Bedroom 3

11' 0'' x 9' 3'' (3.35m x 2.82m)

Double glazed window to the rear aspect, radiator,

Bedroom 4

11' 0'' x 10' 3'' (3.35m x 3.12m)

Double glazed window to the rear aspect, radiator,

Bedroom 5

15' 9'' x 10' 7'' (4.80m x 3.22m)

Double glazed windows to the front and side aspect, radiator,

Outside

The to the rear there is an enclosed garden with a timber shed (the shed has power)

Room Rents

Room 1 currently rents for £470 PCM Room 2 currently rents for £465 PCM Room 3 currently rents for £465 PCM Room 4 currently rents for £465 PCM Room 5 currently rents for £470 PCM It is our opinion that this property is under let at the moment and they rents could be raised if any new owner wished.

Agents Notes

These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.


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Monks Road
Exeter EX4 7BQ
County: Devon
Sale Type: Sold STC
Ref #: 00000675

P: 01392 243077
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