Property Details: - Type: Terraced house - Bedrooms: 6 - Bathrooms: 1
Agent: Star Investment Properties - Exeter Phone: 01392 976399
<strong>SUMMARY</strong> <strong></strong> This impressive six-bedroom terraced property on St Johns Road, Exeter, presents an exciting investment opportunity, benefiting from an existing 6-bedroom HMO licence and an enviable location close to the University of Exeter.<br/><br/>42 St Johns Road is a substantial freehold terraced residence, extending to approximately 1,615 sq ft (150 sq m), making it one of the larger properties on St Johns Road. Dating from between 1900 and 1929, the property offers well-proportioned accommodation throughout, providing an excellent foundation for a successful HMO investment.<br/><br/>The property comprises six generously sized double bedrooms, a spacious communal lounge, and a well-appointed kitchen/diner with direct access to a low-maintenance rear patio garden. The generous layout provides practical shared living accommodation, catering to the demands of the student rental market.<br/><br/>Ideally situated in the popular Mount Pleasant area, just off Pinhoe Road, the property enjoys a highly convenient position within walking distance of both the University of Exeter's Streatham and St Luke's campuses. Exeter city centre is approximately *10 minutes away*, offering an extensive selection of shops, restaurants, bars and everyday amenities, all within easy reach.<br/><br/>Combining its generous proportions, established HMO licensing and sought-after location, 42 St Johns Road represents an appealing opportunity for investors seeking a well-positioned property in Exeter's established student rental market.<br/><br/>Key features:<br/><br/>Location: Popular and sought-after student location in Mount Pleasant, conveniently positioned close to the University of Exeter and within easy reach of the city centre.<br/><br/>Living Space: Generous communal lounge with attractive wooden flooring, complemented by a spacious kitchen/dining room providing access to a separate laundry room and shower room. There is a further shower room and separate WC on the first floor.<br/><br/>Bedrooms: Six well-proportioned double bedrooms, offering comfortable accommodation for HMO tenants.<br/><br/>Outdoor Area: Low-maintenance paved courtyard garden with gated access, providing a practical outdoor space.<br/><br/>Parking: Resident permit parking available on the road.<br/><br/>Property Tenure: Freehold.<br/>Council Tax: Band C.<br/>EPC: D.
