01392 243077

Portland Street, Exeter Offers in Excess of £500,000

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    Portland Street
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    Portland Street
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    Portland Street
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    Portland Street
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    Portland Street
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    Portland Street

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  • 6 double bedrooms
  • Modern kitchen
  • Finished to a high standard
  • Communal area's
  • Close to the City centre and the university,
  • hmo regsitered
  • tenants signed up for 2021/22 academic year

INVESTMENT PROPERTY - A 6 double bedroom end terrace period STUDENT HMO HOUSE that is situated in the sought after Newtown area of Exeter. The property benefits from being finished to a high standard throughout, two shower rooms, an open plan kitchen/lounge/dining room and an enclosed garden. The property already has tenants signed up for the 2021/22 academic student year with an income of £37,500.

Tenants from 2021/22

We have the property fully let from the 2021/22 academic year, they are paying £750 per week over a 50 week contract. We believe the rent could easily be increased to £810 per week, thus giving an income of £40,500 per year.

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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Portland Street
Exeter EX1 2EG
County: Devon
Sale Type: For Sale
Ref #: 00000911

P: 01392 243077

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