This property is no longer on the market
6 bedroom house share
Key information
Property description & features
- 6 Bedroom Student HMO
- Let for 2022/2023 Year on an 11 Month Tenancy
- Generating a Gross Income of £41,580 (inclusive of bills) and Providing a Gross Rental Yield of 7.23%
- Gas Central Heating & Double Glazing
- Excellent Location for access to City Centre, Streatham & St Lukes University Campus
- Spacious Living Room
- Modern Kitchen/Dining Room
- 2 Shower Rooms and Ground Floor WC
- Courtyard Garden
- Viewing Highly Recommended
This well-presented property is situated in the highly convenient location of Mount Pleasant. The property is within walking distance of the City Centre, St Luke's and Streatham University Campus', and the Royal Devon and Exeter Hospital.
Arranged over three floors, the accommodation comprises an attractive entrance porch with feature stained glass windows and decorative tiled flooring, hallway, communal living room, modern open plan kitchen/dining room with utility recess and ground floor cloakroom. There is one double bedroom on the ground floor, three bedrooms on the first floor and a further two bedrooms on the second floor. There are two shower rooms on the first floor.
Outside is an enclosed and low-maintenance rear garden which is laid with decorative stone chippings. There are two garden sheds, one of which provides access to a rear access pathway - ideal for bike access.
Early internal viewing is recommended for this excellent investment opportunity. A 360 Virtual Viewing is also available to view online.
Agents Note - The property is let for the current academic year at £630 per person per month over an eleven-month period. Generating a gross income of £41,580 (inclusive of bills) and providing a gross rental yield of 7.23%.
The property has been relet from September 2023 at a rent of £3,780 per month, excluding bills. Across eleven months this generates an income of £41,580 and a gross rental yield of 7.23%
Viewing Arrangements - Strictly by appointment with Naomi J Ryan Estate Agents.
Referral Fee Disclosure - We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
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Broadband availability and predicted speed: obtained from Ofcom on January 13, 2022
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 13, 2022
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: obtained on October 1, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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