Lyndhurst Road, St Leonards, Exeter, EX2
Offers in excess of £275,000 Leasehold
A SIX BEDROOM STUDENT HMO PROPERTY IN A PRIME LOCATION, LET FOR THE 2020/21 ACADEMIC YEAR.
Currently used as a successful student investment and already let for the 2020/21 academic year, generating an income of £37,158 and marketed off an approximate 7.4% gross yield.
Longbrook Street is an extremely popular location for students being close to the University of Exeter campus and City Centre. It is located just off the high street, behind John Lewis.
This spacious, period end terraced property is laid out over two floors with the large sitting room, kitchen, toilet and two bedrooms on the first floor. There are four bedrooms on the second floor and two bathrooms. All the bedrooms are a good size and the property is well presented.
Winkworth have let the property to students over a number of years and the property is always well sought after by students due to its location.
Outside there is a small access way / courtyard
area that gives access to the maisonette