£600,000

6 bed house for sale in Oxford Road, Exeter, EX4 (ref: 102879000550)

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Key Features

  • 6 Bedroom Student HMO
  • Great Location
  • Currently Let

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STUDENT INVESTMENT PROPERTY - A fantastic 6 bedroom HMO investment within a PRIME student location. Currently let at £165 per person per week, an annual income of £47,190.

AGENTS NOTES This property has a good history of renting each year and currently has students in occupation for the 2023/24 academic year, marketing is in progress for students for the 2024-25 academic year.

The University of Exeter student numbers have grown substantially over the last 5 years increasing by approximately 26% since 2018 with the numbers at approximately 29,776 for the 2022/23 academic year and highly likely to grow even more over the next decade.

Exeter University is ranked within the top 200 prestigious QS World University Rankings 2022 placing it among the very best institutions worldwide, the University is also one of the highly distinguished 24 Russell Group Universities within the United Kingdom.

*This data is taken from the annual 1st December student census and represents the most up to date information about students for the stated academic year. Students which withdraw during the year will not be accounted for in these figures. The data is FTE including INTO, but excluding non-credit bearing students and inbound exchange students such as Erasmus.

LOUNGE 11.72' x 15.20' (3.35m x 4.57m) Spacious lounge with wood flooring, radiator and double glazed bay window

BEDROOM 1 12.14' x 9.49' (3.66m x 2.74m) Double bedroom to ground floor with UPVC double glazing and radiator.

KITCHEN/DINER 16.14' 0" x 09.00' 0" (4.88m x 2.74m) Range of base & wall units with an integrated oven, ceramic hob, sink with waste disposal unit & drainer, free standing fridge freezer, free-standing dishwasher, dining table with seating for 6, double glazed window facing the rear garden. Radiator

UTILITY ROOM 14.38' x 5.69' (4.27m x 1.52m) Utility area with UPVC Double Glazing and UPVC Rear Access Door onto garden area. Free Standing Washing Machine, Tumble Dryer, Fridge Freezer & Microwave

BATHROOM 4.69' x 10.21' (1.22m x 3.05m) Three piece white bathroom suite with obscured glass Double Glazed Window and Radiator

SHOWER ROOM 5.83' x 8.75' (1.52m x 2.44m) Corner shower cubicle with aqua board panelling, sink, toilet, double glazed window, radiator

BEDROOM 2 12.10' x 9.57' (3.66m x 2.74m) Double bedroom with UPVC Double Glazing and Radiator.

BEDROOM 3 11.87' x 15.20' (3.35m x 4.57m) Large double bedroom with 2 UPVC Double Glazed windows and Radiator.

BEDROOM 4 11.84' x 7.76' (3.35m x 2.13m) Double bedroom with UPVC Double Glazed window & skylight. Radiator.

BEDROOM 5 11.84' 0" x 7.06' 0" (3.35m x 2.13m) Double bedroom with UPVC Double Glazed window & skylight. Radiator.

BEDROOM 6 8.61' x 9.66' (2.44m x 2.74m) Double bedroom with UPVC Double Glazed window. Radiator.

*Room measurements do not include the area of the room housing the wardrobe*

Stamp Duty Due

Based on a sale price of £600,000 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.

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

Property Images

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Further Details

  • Status: Available
  • Reference: 102879000550

Location

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