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£425,000

7 bed property for sale
Brookfield Gardens, Alphington, Exeter EX2

    • 7 beds

    • 2 baths

    • 1 reception

  • EPC Rating: D

  • Freehold

Francis Louis Residential

Logo of Francis Louis Residential

About this property

  • HMO house

  • Investemnt

  • 7 bedrooms

  • Gross income of £44,700

  • Great location

  • 10.5% yield gross

This 7-bedroom detached investment house, situated in the popular Alphington area of Exeter, offers excellent rental potential. The property includes an en-suite bedroom, a kitchen, a communal lounge, a conservatory, a bathroom, a separate WC, a garden, and a laundry room. Additionally, there is off-road parking available. Currently, the house is fully let as a 6-bedroom property, generating a gross annual income of £44,700, with the potential to increase this income by letting the 7th bedroom. For more information, please contact the team at Francis Louis.

Ast's

Income - Monthly
Room 1 - £600.00
Room 2 - £600.00
Room 3 - £725.00
Room 4 - £600.00
Room 6 - £600.00
Room 7 - £600.00

Total - £3725.00
All on rolling monthly AST

Expenditure

Expenditure - Monthly
Council Tax - £232.00
Electricity - £200.00
Gas - £350.00
Water - £ 90.00
T V Licence - £ 15.00
Broadband - £ 63.00

Total - £950.00

Information

These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: The vat position relating to the property may change without notice.

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Property descriptions and related information displayed on this page are marketing materials provided by - Francis Louis Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Francis Louis Residential for full details and further information.