No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Front Elevation
Kitchen
Living Room

Mixed use

Save
Mixed use
4 bed
0 bath

Property description & features

  • Recently refurbished, well presented, HMO Investment
  • Close proximity to the city centre and uni campus
  • Perfect for students at the main campus or St Lukes
  • Gas central heating and double glazing
  • 4 Bathrooms, (3 ensuite bedrooms)
  • Gross return of 6%
An excellent opportunity to acquire an established and stable 4 bedroom, 4 bathroom student HMO investment property generating a gross return of around 6%.

This student property is let for the 2022/23 academic year and will generate an annual gross income of £24,860. It's a 4 bedroom terraced house in touching distance of the city centre, perfect for anyone studying at the main campus or St Lukes. The property has been recently refurbished to an excellent standard, all of the bedrooms are doubles and 3 of them have en-suite bathrooms, the other has exclusive use of the ground floor shower room. There is a large modern kitchen, living room and garden for all of the rooms to share.The property is located Newtown, popular for its local shops, pubs, parks and close proximity to the city centre.

The property will be sold with a full set of modern furniture and appliances.

Utilities and Services: Mains metered water, gas and electric.

Parking: Residential permits available.

Tenure: Freehold

At 4 bedrooms this property doesn't require an HMO Licence, however it is fully equipped with fire doors, mains powered fire alarm system and elements should that requirement change in the future.

For further tenancy/income details please get in touch with us.

Property information from this agent

Places of interest

    Here at Hellier Ridley we do things a little differently. We have designed our business from the ground up to offer several distinct advantages to our clients In a nutshell, our aim is to offer the best possible service to our clients. We pride ourselves on our personal approach to dealing with both our Landlords and Tenants, we don't operate a 9-5 policy, you will have our direct email addresses and mobile phone numbers and you are welcome to contact us at the drop of a hat. We have designed many of our internal processes to be as efficient as possible, giving us the maximum amount of time to devote to your property, whether that be finding you a tenant or buyer, or managing a tenancy. It's Sunday evening and you have a quick question? Send us a text! Modern Technology - Complementing our stance on offering the best possible service is our openness to using modern technologies to enhance the service we provide. We feel that it is important to keep up to date with modern ways of communicating as it allows us to connect with our Landlords and Tenants in the best possible way. Some highlights include: Online Landlord Portal - All Landlords will be issued with a secure online portal to which they can login and view all sorts of useful information on their properties, they can view details of any viewings (with our feedback notes), they can see the progress of any maintenance issues, they can even access all of their financial data including monthly statements etc. Online Applicant Portal - All applicants can log in and view their property matches, they can select their requirements and are then automatically matched to any available properties. Means of communication - Tenants and Landlords can contact us via Facebook and Twitter, we have Whatsapp groups for all our tenancies meaning easy correspondence between us and the tenants, and we have shared Dropbox folders for our Landlords where all of the important documentation is stored including Tenancy Agreements and gas safety certificates etc. Mobility/Availability - By making the most of the modern technologies above, we are able to operate our business from anywhere.  Our software is cloud based meaning we can work from any internet-connected computer or even an iPad!  Our landline phone system is also mobile meaning you can get hold of us whether we are in the office or out and about. We are always connected. Due to our lower overheads and the increased level of service that we will offer compared to the average agent we feel that we represent the best value-for-money service out there. We are not yet registered for VAT so this in itself represents a significant saving. Contact us for a quote!

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    Property reference 11536294. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Hellier Ridley - Exeter.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.