6 bed house for sale in Monks Road, Mount Pleasant, EX4 (ref: 102879000466)

Shortlist

Key Features

Professional HMO Investment
Six Bedrooms
Potential to Turn into Student HMO
Set within Article 4
Upgrading Required
Potential to Increase Income

Set within MOUNT PLEASANT is this PROFESSIONAL HMO offering SIX DOUBLE BEDROOMS requiring UPDATING. This property has the POTENTIAL to be remodelled into a STUDENT HMO which will offer a HIGHER EARNING CAPACITY and comes with a GARAGE.

SITUATION The property lies within mount pleasant an area where there is an abundant number of student homes and additionally also situated within the vicinity of the University of Exeter's main Streatham Campus, the City of Exeter's High Street & Cathedral all being approximately within 2 miles.

DIRECTIONS For further information please contact Brett Hampton within our office who has a wealth of experience within the Property Investment Marketplace and the High End Residential Marketplace respectively.

AGENTS NOTES This property has lots of potential to uplift the current £28,380 that this HMO has been achieving by upgrading the house and turning this property into a modern Six bedroom Student Investment property.

Stamp Duty Due

Based on a sale price of £495,000 the total amount of stamp duty payable will be:

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

What is Stamp Duty and how is it calculated?

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.