Glenthorne Road, Exeter 5 bed detached house for sale

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Glenthorne Road, Exeter 5 bed detached house for sale

Glenthorne Road, Exeter
£515,000

Our Summary

  • SCOPE TO DEVELOP: Planning permission has been granted for a ground floor extension to add a 6th bedroom and utility room
  • Investment opportunity

Description

This 5-bedroom student investment property in Streatham is available for sale with a guide price of £515,000 to £530,000. The property is in great condition and currently generates an income of £34,804 per year, exclusive of utility bills, through a tenancy agreement in place for the 2024/2025 and 2025/2026 academic years. The property features five double bedrooms, modern kitchen, communal bathroom, large garden with patio area, and driveway parking for two cars. Notably, planning permission has been granted for a ground floor extension to add a sixth bedroom and utility room, providing scope for further development. The property's prime location, just a stone's throw from Streatham University campus and a short walk from the city centre, makes it an attractive investment opportunity.