01392 243077
Francis Louis House, Belmont Road, Exeter, Devon, EX1 2HF
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Portfolio, Exeter Guide Price £4,100,000

Sold STC
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A unique opportunity to purchase this portfolio of TEN houses that are all fully let out with a combined income of £297,420 per year.


Properties and Income

All the properties are fully let with income of 1 Nethercott Place - £27,540 2 Nethercott Place - £27,420 3 Nethercott Place - £27,900 4 Nethercott Place - £27,900 5 Nethercott Place - £28,020 6 Nethercott Place - £27,840 3 Richard Ford Court - £33,240 4 Richard Ford Court - £33,300 5 Richard Ford Court - £33,120 7 South Lawn Terrace - £31,140

Bills

The landlord pays all bills, they currently are circa per property Water £800 per year Gas/electric £1260 per year Council Tax £1909 per year Broadband £360 per year

Freehold, Management Company and extra information

The owner is selling - The freehold to each building and associated parking area - The management company which is with Nethercott Place.

Furniture

All Furniture will be sold with the property.

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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  • Ten HMO properties for sale
  • All are let out as a HMO
  • All are in great locations in Heavitree and near the RD and E Hospital
  • Total income £297,420 per year
Portfolio
Exeter EX1 2TT
County: Devon
Sale Type: Sold STC
Ref #: 00001005
Adam Friend
Francis Louis (Exeter) Limited
P: 01392 243077
01392 243077
Francis Louis House, Belmont Road, Exeter, Devon, EX1 2HF
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