Guide price
£525,000
5 bed town house for saleAddington Court, Horseguards, Exeter EX4
5 beds
3 baths
1 reception
EPC Rating: C
- Chain free
- Leasehold
Burgoynes
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About this property
No onward chain
Superior Townhouse Close to Uni/City Centre
Exclusive Horseguards Development
Entrance Hall, Kitchen/Diner & Cloakroom/WC
Spacious Lounge (first floor)
5 Bedrooms - 2 En-suites
Family Bathroom
Gas Central Heating & Double Glazing
South Facing Rear Garden
Integral Garage with Utility Area
A rare opportunity to acquire this very impressive 5 bedroom townhouse forming part of the prestigious and highly sought after residential Horseguards development and former army barracks which was redeveloped in 2000. The is an unexpectedly large property with two of the five bedrooms extending over the archway.
Perfect for those seeking a large family home or high end investment property for the rental market within easy walking distance of Exeter University's Streatham Campus and the City Centre.
Over the last 10 plus years the property has been a well established 5-bed HMO which has been consistently let out over this period of ownership. In recent months the property has been redecorated and re-carpeted throughout.
On the ground floor, the accommodation comprises entrance hall, cloakroom/WC and a well appointed kitchen/diner with direct access onto the southwest facing patio and rear garden. The spacious integral garage is accessed internally from the entrance hall and comes with a utility area. The first floor benefits from a large lounge/communal living room for tenants, shower room and two bedrooms. The second floor is arranged with the remaining three bedrooms and a bathroom. One of the second floor bedrooms benefits from its own on en-suite shower room.
The property also benefits from having its own private driveway and hard landscaped frontage providing off road parking for two vehicles and vehicular access to the integral garage.
Strong interest anticipated and early viewings recommended!
Entrance Hall
Kitchen/Dining Room (4.45m x 3.02m (14'7" x 9'10"))
Cloakroom Wc
On The First Floor
Landing
Lounge (5.09m x 4.46m (16'8" x 14'7"))
Bedroom 3 (2.77m x 2.73m (9'1" x 8'11"))
Bedroom 4 (2.90m x 2.22m (9'6" x 7'3"))
Shower Room
On The Second Floor
Landing
Master Bedroom (4.47m x 3.50m (14'7" x 11'5"))
En-Suite Shower Room
Bedroom 2 (4.45m x 2.77m (14'7" x 9'1"))
Bedroom 5 (2.90m x 2.23m (9'6" x 7'3"))
Bathroom
Outside
The property comes with a well enclosed south-west facing rear garden and also benefits from having its own private driveway and hard landscaped frontage providing off road parking for two vehicles and vehicular access to the integral garage.
Integral Garage (5.19m x 2.40m (17'0" x 7'10"))
This integral garage is conveniently accessed internally from the entrance hall and comes with useful utility area.
Lease Information (Originally 999 Years)
Lease Term 999 years from 2000. 974 years remaining. Service Charge is Ground Rent is £118 twice yearly so £236 per year.
Investment Potential
Currently a registered HMO with an income of just over £39,000 per year. Please speak to agent.
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More information
Tenure
Leasehold (974 years)
Service charge
£463 per year
Council tax band
E
Ground rent
£236
Ground rent date of next review