This is a substantial and established nine-bedroom student HMO offering spacious accommodation. This well-maintained property features a well fitted kitchen/dining room/lounge appropriate for nine tenants. The bedrooms are of a good size and are well furnished with double beds, wardrobes, desks etc. There are also three shower rooms with walk in cubicles. Outside to the rear is an enclosed garden and a good covered bike store. The property is currently fully let and is pre-let for the 2021/22 academic year to produce a gross annual income of £58,320 or £135 per room, per week on a 48-week agreement. We feel that this is a superior example of its type and as nine-bedroom student properties are rare, early viewing is recommended to avoid disappointment.
The property sits in a great position for student letting, being within walking distance of both the University of Exeter’s Streatham and St Luke’s campuses. There are good local facilities for tenants including a well-stocked minimarket just across the road. The location also provides easy access to Exeter City Centre, so is just a brief walk from the many shopping outlets, banks, restaurants etc. plus bus and rail connections.