Instantly find listings for sale in your area

"

HMO Investment Gross return 8.6% A high quality Victorian terraced townhouse with 7 double bedrooms an exciting investment opportunity!

This spacious 7 bedroom property has been recently refurbished throughout to provide professionals with high quality accommodation . Currently Let as a professional house share, each room is rented on an individual basis with shared use of communal areas.

Each room comes with a full complement of high quality furniture, a double bed with built in storage and new mattress protector, large wardrobe, chest of drawers, bedside table and desk. The house has a large kitchen with private cupboard space for each tenant and a full range of appliances. The kitchen has plenty of space for the number of occupants and there is a large dining area to create a nice social space. There is a living room with a flat screen TV and patio doors leading out to a large rear garden. On the upper floors there are two spacious shower rooms. High speed broadband is provided throughout the property and there is also a private drive parking space at the front.

The property is located on Alphington Street, a short walk from the city centre and St Thomas ideal for anyone working in the city or Marsh Barton. There are plenty of nearby bus routes, the St Thomas train stop is only a few minutes away and there is easy access out of town to the M5 A30 junctions.

Fully let the property generates £47,700 gross annual rent which represents a gross return of approximately 8.5% however there is scope for this to be improved. A full breakdown of income and running costs can be provided upon request. We currently have 1 room available to rent which we are conducting viewings on and expect to fill shortly.

Tenure Freehold
EPC Rating C
Council Tax Exeter City Council Band D