5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Alphington Road, Exeter
£530,000

Our Summary

  • Potential for this property to become a six bedroom HMO by turning the current living room into bedroom six
  • AGENTS NOTES A fantastic opportunity to purchase a tried and tested Professional House of Multiple Occupancy for the last six years achieving a good level of income with potential to increase the current yield by several options including creating a sixth bedroom from the current communal lounge

Description

This House of Multiple Occupancy is situated in a southerly direction from Exeter City Centre, within close proximity to local amenities, including a Co-operative and Sainsburys Superstore. The property offers five bedrooms of living accommodation, with potential to increase the yield by converting the current living room into a sixth bedroom. The property has been well-maintained by the managing agents and tenants, and is fully let, currently achieving £37,980 per annum. The property features a spacious entrance hall, two ground floor bedrooms with en-suite bathrooms, a communal lounge, and a large kitchen/breakfast room. The first floor has three double bedrooms, with two modern shower rooms. The rear garden is low maintenance, with a storage shed providing secure storage for bikes. The property is conveniently located near the Marsh Barton and Matford trading estates, and is within a short drive of the A30.
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