6 bed house for sale in Richmond Road, Exeter, EX4 (ref: 102879000463)

Shortlist

Key Features

Student Investment HMO
Six Bedrooms
Let Achieving Income
Communal Room
Three Shower Rooms
Tried & Tested Portfolio for Well Over a Decade
Prime Position for Streatham Campus & City Centre
High Standard Specification
Retirement Sale
Council Tax Band E (Exempt from Paying)

Excellent opportunity to invest within the Exeter Student market with purchasing this tried & tested student property currently earning in excess of £42,000 on a 48 week contract. The property has been kept in excellent order throughout since its conversion over a decade ago. There is the potential to increase this income and also create additional income via the untapped potential with the 2 parking spaces to the rear.

SITUATION The property lies within St David's and in very close proximity of the University of Exeter's main Streatham & the City of Exeter's High Street & Cathedral all being approximately within 1 mile of this property.

DIRECTIONS

For further information please contact Brett Hampton who has a wealth of experience within the Property Investment Market & the High End Residential market respectively..

AGENTS NOTE A great opportunity to invest within a tried and tested student house for well over a decade, this property is in a great location in close proximity to the University of Exeter's Streatham Campus, the City Centre and Exeter St David's main line train station. Well maintained over the years and continually offered to students at a high standard.

There is also an opportunity to earn extra income from the 2 parking spaces to the rear of the property.

Stamp Duty Due

Based on a sale price of £690,000 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.

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