INVESTMENT PROPERTY (Gross yield 7.85%) - A high quality Victorian terraced townhouse with 7 double bedrooms - an exciting investment opportunity!

This spacious 7 bedroom property has been recently refurbished throughout to provide professionals with high quality accommodation . Currently Let as a professional house share, each room is rented on an individual basis with shared use of communal areas.

Each room comes with a full complement of high quality furniture; a double bed with built in storage, large wardrobe, chest of drawers, bedside table and desk with chair. The house has a large kitchen with allocated cupboard space for each tenant and a full range of appliances. The kitchen has plenty of space for the number of occupants and there is a large dining area to create a nice social space. There is a living room with a flat screen TV and patio doors leading out to a large rear garden. On the upper floors there are two spacious shower rooms. High speed broadband is provided throughout the property and there is also a private drive/parking space at the front.

The property is located on Alphington Street, a short walk from the city centre and St Thomas - ideal for anyone working in the city or Marsh Barton. There are plenty of nearby bus routes, the St Thomas train station is only a few minutes away and there is easy access out of town to the M5/A30 junctions.

The house is fully let and demand for rooms is always high. The property is currently generating a gross annual income of £44040 which represents a return of approximately 7.85% however there is scope for this to be improved. A full breakdown of income and running costs can be provided upon request.

Tenure: Freehold
EPC Rating: C
Council Tax: Exeter City Council - Band D

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