Property description

Summary
A detached 11 room house of multiple occupancy located in the st leonards area with a licence for 16 people. This property is sold with tenants in situ and has a fantastic yield with the opportunity to grow. This is a great investment opportunity in a great location.

Description
A Detached 11 room HMO (house of multiple occupancy) located in the St Leonards area bringing in approximately £57,000 in 2021 with potential to bring in more, the property has an HMO licence for 16 people and is currently let to professionals, with en-suite shower rooms to the majority of rooms. The residence benefits from a modern kitchens with built-in appliances and communal dining/living area also communal washing areas. Outside there is a lawned rear garden with side access to the front. This property is sold as a going concern with the tenants in situ. This is a great investment property with a fantastic yield. St Leonards is within walking distance of Exeter City Centre and the new St Sidwell Point Leisure Centre and great access for the university.

Entrance Vestibule
Door to side, built in cupboards.

Entrance Hallway
Radiator, under stairs cupboard, two side aspect windows, lift. Door to balcony.

Communal Dining Room
Front aspect sash window with window seat, sealed unit to side, radiator, leading through to…

Communal Kitchen
Wall and base units, work surfaces, sink unit, built in dishwasher, electric 6 ring hob with extractor over, electric oven, two further built in electric hobs and another two electric ovens with extractor fans over, spot lights, double glazed side and rear aspect windows, single glazed rear aspect window, wooden flooring.

Room 6
Door to rear leading to balcony, double glazed rear aspect window, radiator, built in wardrobe and built in further cupboards.

En-Suite
Shower cubicle with mains shower, low level toilet, wash hand basin with cupboard below, heated towel rail.

Inner Hallway
Cupboard housing plumbing for washing machine and extractor fan, window to front and sealed unit to front, wash hand basin, extractor fan; 4 radiators.
Stairs to First Floor and stairs to Lower Ground Floor.

Utility Room
Plumbing for washing machine, shelving, sink unit, side aspect sash window.

Room 5
Rear aspect sash window to rear. Rear aspect bay window, radiator.

En-Suite
Shower cubicle with mains shower, low level toilet, wash hand basin with cupboards below, extractor fan.

First Floor Landing

Room 7
Not inspected.

Room 9
Built in wardrobes, front aspect window, radiator.

En-Suite
Low level toilet, wash hand basin with cupboards below, heated towel rail.

Room 8
Double glazed rear aspect window, radiator, built in wardrobe.

En-Suite
Shower cubicle with mains shower, low level toilet, wash hand basin.

Inner Hallway
Rear aspect window, storage cupboard, radiator.

Separate Wc
Rear aspect window, low level toilet, wash hand basin.

Room 10
Front aspect window, built in wardrobe.

En-Suite
Low level toilet and heated towel rail.

Communal Shower Room
Shower cubicle with mains shower, low level toilet, wash hand basin with cupboards below, heated towel rail, extractor fan.

Room 11
Rear aspect window, radiator.

En-Suite
Obscure side aspect window, shower cubicle with mains shower, heated towel rail, wash hand basin with cupboards below.

2nd Floor Landing
(Currently requiring Building Regulations and could be converted subject to usual planning consents)

Room
Currently being used as a lounge. Front aspect window, radiator.

Room
Currently used as a kitchen. Wall and base units, work surfaces, built in electric hob with extractor over, built in electric cooker, sink unit.

Room
Currently being used as a bedroom. Not inspected.

Lower Ground Floor

Hallway
Side aspect window, double glazed rear aspect window, two radiators, electric cupboard, door to rear.

Room 1 15' 9" x 8' 1" ( 4.80m x 2.46m )
Rear aspect window, built in wardrobe, radiator.

En Suite
Obscure side aspect window, shower cubicle, low level toilet, wash hand basin within unit, heated towel rail.

Room 2
Not Inspected

Communal Shower Room
Double glazed rear aspect window, shower cubicle, low level toilet, wash hand basin, heated towel rail.

Room 3 10' 5" x 7' ( 3.17m x 2.13m )
Double glazed rear aspect door and window, built in wardrobe, radiator.

Room 4
Not inspected

Outside
Laid to lawn with Steps to front access

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Amenities

Detached Character House

11 Letable rooms with potential for more

Communal Kitchen, Dining area, laundry area and garden.

HMO Licence

Tenants is Situ

Fantastic Yield and opportunity to grow

Located close to the City Centre in the St Leonards area

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