Property description
This is a TOP QUALITY 6 bedroom student house that is perfectly located within the ‘golden triangle’ off North Road East.
The house is currently rented to 4 students producing a gross income of £1,607 per month or £17,677 per year. The 2 un-let rooms are available for £85 and £95 per week which should generate an additional £8,400 when let on the same terms as the other rooms.
The tenancies are for 11 months and include the utilities and broadband subject to a fair usage clause for the utilities which is capped at £12 per week per tenant.
Students will love this house for both the location; minutes walking distance of both the University and the attractions of Mutley Plain; and for the facilities it has to offer. Landlords will love the house for the guaranteed let -ability!
The house has been professionally owned and managed to a high standard for over 10 years. The accommodation is arranged over 3 floors and because of this it is a licensed HMO. The owner has a current HMO license but any buyer must satisfy the local authority that they are suitable for the license to be issued in their names. Information on HMO’s can be found at: www.plymouth.gov.uk/homepage/housing/privatehousing/landlords/hmo.htm.
The room layout comprises:
Lower ground floor: Living Room 27’10 x 13’7 - a brilliant party room
Ground floor: Bedroom 1 - 17’2 x 12’2 , Bedroom 2 - 13’3 x 10’4, fully fitted kitchen 13’1 x 11’5, WC, utility room and separate shower room. WC
First floor: Bedroom 3 - 12’ x 11’5 + En Suite Shower Room, Bedroom 4 - 13’5 x 10’5, Bedroom 5 - 17’3 x 9’5, Bedroom 6 - 10’8 x 6’8, separate shower room/WC.
Property Features :
- Student House in Great Location
- 6 Double Bedrooms
- 1 En Suite Shower Room
- 2 Additional Shower Rooms
- 1 Very Large Lounge