6 bed Terraced House for sale

Blackboy Road, Exeter

Price

£550,000

Property Images |  Naomi J Ryan Estate Agents
Property Images |  Naomi J Ryan Estate Agents
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Sold STC

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Property Features

  • 6 Bedrooom Student HMO
  • Let for 2022/2023 Year on an 11 Month Tenancy
  • Generating a Gross Income of £41,580 (inclusive of bills) and Providing a Gross Rental Yield of 7%
  • Gas Central Heating and Double Glazing
  • Living Room and Separate Kitchen
  • Ground Floor Shower Room and First Floor Shower Room
  • Courtyard Garden
  • Excellent Location
  • Viewing Highly Recommended

Property Summary

A superb six-bedroom HMO investment opportunity, currently generating a gross rental yield of 7%, let at £38,610 for the 22/23 academic year (exclusive of bills). Located in this superb position on Blackboy Road, the property is within walking distance of the City Centre, St Luke's and Streatham University Campus', and the Royal Devon and Exeter Hospital.

The well-presented accommodation is arranged over three floors and comprises a communal living room, modern kitchen, six bedrooms, one bathroom, one shower room, gas central heating, and double glazing. Outside is a small enclosed courtyard garden with a useful store shed (ideal for bikes etc).

The property is already let for the forthcoming 2023/24 year at a rent of £41,580 (exclusive of bills).

Early internal viewing is highly recommended.

Full Details

AGENTS NOTE - INCOME INFORMATION
2022/23: Gross income of £38,610 (exclusive of bills)
2023/24: Gross income of £41,580 (exclusive of bills)

VIEWING ARRANGEMENTS
Strictly by appointment with Naomi J Ryan Estate Agents.

REFERRAL FEE DISCLOSURE
We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.

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Property Location

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Property details

Features at a glance

Blackboy Road, Exeter
Price £550,000
  • Type: Terraced House
  • Availability: Sold STC
  • Bedrooms: 6
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Freehold

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