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 is located in a prime area, close to Streatham University campus and the city centre, and offers a lucrative rental income of £34,804 per year. The property is in great condition and benefits from modern fixtures, gas central heating, and a large low-maintenance garden with patio area and driveway parking for two cars. Additionally, planning permission has been granted to extend the ground floor, adding a 6th bedroom and utility room, providing further potential for growth and development. The property has a tenancy agreement in place for the current and next academic year, ensuring a steady income stream for investors.