For Sale6 Bedroom House in Mount Pleasant Road, Exeter, Devon, EX4£650,000

A well-presented 6-bedroom HMO property, ideally located on Mount Pleasant Road in the heart of Exeter. This substantial property is perfect for investors seeking a high-yield opportunity or landlords looking to expand their portfolio in a sought-after rental area popular with students. The confirmed annual rental income for 25/26 is £47,652. Description: A well presented six bedroom mid-terrace HMO with a garden located on the sought after Mount Pleasant Road. This property provides the opportunity to purchase a fully licensed HMO within Article 4. The property: The ground floor is arranged as two double bedrooms, two en-suite shower rooms and kitchen/dining room with direct access onto the rear garden. Steps up to front door. Door into hallway with original flooring, radiator, doors to two double bedrooms, and kitchen with direct access onto the rear garden. Bedroom One: Large bay window overlooking the front aspect, built in wardrobe and radiator. En-suite: Shower boards throughout, shower cubicle with mains shower, low level WC and basin, heated towel rail. Bedroom Two: Double room, window overlooking the garden, built in wardrobe, radiator. En-suite: Shower boards throughout, corner shower cubicle with mains shower, low level WC and pedestal wash hand basin, heated towel rail. Kitchen: A selection of wall and base units, gas hob with extractor over, electric oven. Fridge freezer, dishwasher, washing machine and tumble dryer. Understairs cupboard. Dining area with breakfast bar, Velux window, French doors giving access onto the rear patio garden, radiator. Stairs up.... First Floor The first floor is arranged with an additional four double bedrooms, two with en-suites. Bedroom Three: A double with built in wardrobe, window overlooking the rear garden, radiator. En-suite: Corner shower with shower boards, mains shower, glass sliding doors. Low level WC, basin, heated towel rail. Bedroom Four: A double with window to rear aspect, radiator. En-suite: Shower boards throughout, corner shower with sliding doors. Low level WC, basin, heated towel rail. Bedroom Five: Another double with window to front aspect, radiator. Bedroom Six: Double bedroom with views over the front aspect, radiator. Shower Room: Shower boards, corner shower, with sliding shower doors. Low level WC, basin, heated towel rail. Outside: Good sized low maintenance gravelled private garden. Gate giving access to service lane. Current tenancy: The property is currently tenanted for the 24/25 and 25/26 academic years. 25/26 generating an income of £47652. Agents note: The property has a full HMO licence and a certificate of lawfulness to operate within Article 4. Location: Exeter is a vibrant small city that really packs a punch with its many restaurants, shops, pubs, bars and historical sights. The rest of the country is easily accessible from Exeter due to its many transport links including two train lines to London (London Paddington 120 minutes), Exeter airport and the M5 motorway. Mount Pleasant Road is a prime location to attract tenants due to the easy access to the city centre, campus, local supermarkets and amenities. Residents permit parking is available. Property information: Mains electricity, gas, water and drainage. Council tax band B Broadband: Ultrafast Broadband is available (checked on Openreach) with fibre to the cabinet. Mobile: We understand that full mobile coverage is available (checked on Ofcom) Restrictive covenants: There are restrictive covenants on this property, please contact us for more information. Tenure: Freehold PLEASE NOTE: Our business is supervised by HMRC for anti-money laundering purposes. If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. To satisfy our obligations we use an external company to undertake automated ID verification, AML compliance and source of funds checks. A charge of £25 is levied for each verification undertaken.