A four bedroom student HMO property in a prime location pre-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 £23,826 and marketed off an approximate 7% gross yield.
Toronto Road is an extremely popular location for students being close to the University of Exeter campus and city centre. It is located just off Old Tiverton Road on a no through road.
This spacious, period end terraced property is currently laid out with the shared sitting room with large bay window to the front of the ground floor, a bedroom and a fitted kitchen with breakfast bar area and access to the garden at the rear.
On the first floor, split over two levels, there is a sunny bedroom to the rear and a bathroom fitted with a white suite, skylight and shower over the bath. The large master bedroom is at the front of the property with bedroom two situated in the middle.
Externally the property has a sunny courtyard garden to the rear with side access and a space for bin storage to the front, both of low maintenance, ideal for student letting.
Mains electricity, gas, water and drainage
Gas central heating
Council tax band C - Exeter City Council