This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£600,000
4 bedroom Mid Terrace House for sale, Richmond Court, Exeter, Devon, EX4
Features and Description
This modern four bedroom townhouse is a low maintenance and thus easy to manage investment property in absolute City Center location and always highly sought after by young professionals and students alike.
Situated at the well regarded Richmond Court development, a peaceful and traffic free oasis, just 50 meters from Exeter Central station and a short stroll to the High Street as well as in easy walking distance to Exeter University.
The property has been used as a small HMO for the past 20 years and benefits from having a CLEUD certificate, i.e. planning consent to operate as a HMO, which is a legal requirement, if located in this central and hence Article 4 restricted zone.
The property is currently let to 4 sharers until early August 2025 and already pre-let for the coming Academic year at a rent of £2900pcm with tenants liable for paying all bills, hence giving an impressive ROI of 5.3%
Inside, the room sizes are generous and the property is well maintained and equipped to a good standard
whilst outside there is one allocated parking space as well as a small front and a sunny back garden/patio.
Overall an impressive, modern and low maintenance investment property in absolute City Center location.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Richmond Court, Exeter, Devon, EX4
Additional Information
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Property refQEX250252
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EPCC
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Council TaxD
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Your Move Estate Agents Exmouth
Your Move Exmouth
31 Rolle Street, Exmouth, EX8 1NW
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