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5 bedroom house of multiple occupation for sale
61 Blackboy Road, Exeter, Devon
£310,000
61 Blackboy Road, Exeter, Devon
£310,000
Our Summary
- This spacious three-storey town house is a licenced HMO requiring some updating, which provides good access to local amenities, Exeter University and the city centre
- Investors will see the potential to continue in its current guise or others may consider subdivision, subject to all necessary planning consents being obtainable
- [Freehold with Vacant Possession]This spacious three-storey town house is a licenced HMO requiring some updating, which provides good access to local amenities, Exeter University and the city centre
- Freehold with Vacant PossessionResidential EPC: EImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
Description
This three-storey townhouse is a licensed HMO that requires some updating, offering five lettable rooms and three shower rooms, as well as a communal room and kitchen. The property features gas central heating and uPVC double glazing, and benefits from parking for several cars at the front and rear. The property is located near local amenities, Exeter University, and the city centre, and has previously been let to five students, generating an income of £40,800 per academic year. Investors may see potential to continue letting the property as is, or consider subdivision subject to obtaining necessary planning consents. The property is being sold with vacant possession and is freehold, with an EPC rating of E.