Longbrook Street

This is an established student letting investment in an ideal location for the purpose. The property comprises a three bedroom, ground floor apartment featuring a good lounge with bay window and high ceiling. There is a fitted kitchen with appliances, a shower room and outside small and easy to maintain outside areas to the front and rear. The apartment appears well maintained and enjoys the comforts of double glazing and gas central heating. It is offered with all furnishings etc. and the benefit of the current tenancy for the 2020/21 academic year which will produce a strong gross income of £18,000. The tenancy is for 11 months in (48 weeks) and the tenants pay their own utility bills.

The property sits in an ideal position for student letting, being directly opposite the eastern edge of the University of Exeter’s principal Streatham Campus. The Lower Pennsylvania/St James areas are long established student letting areas and are generally considered to be ‘as good as it gets’ for this market. The immediate area has good facilities available for tenants, including two shops/minimarkets and a popular student pub. Exeter City Centre and all it has to offer is within easy walking distance.