INVESTMENT OPPORTUNITY. We are delighted to offer to the buy-to-let investment market this 3-bedroom terrace home occupied by long standing tenants and presented in good order throughout. Good size dual aspect living room, gardens front and rear, kitchen plus breakfast room/study, bathroom plus WC, plus nearby recreational area and play park.
The property is quietly situated on a pedestrianised lane in the Beacon Heath residential area on the outskirts of Exeter and is well located for access in and out of the city. Very close by is a green recreational park and play area, and the scenic Mincinglake Valley Park is also within easy reach. There is a bus route along the road with a stop nearby. Morrisons Superstore is approximately 1km away and The Beacon Community Centre is at the bottom of the Road.
An entrance hall provides space to hang coats and store shoes and stairs rise to the first floor. The dual aspect sitting and dining room is of a good size with gas fire and plenty of space for sitting and dining furniture. The kitchen has a range of white wall and floor storage units with granite effect work surfaces with inset sink. There is space for a freestanding cooker, space and provision for a washing machine, and a door leads to the back garden. The room beyond the kitchen could be used as a breakfast room or study with an under-stair storage cupboard. Upstairs are three bedrooms, two of which are doubles. Off the landing are a separate bathroom, with shower over the bath, and WC. The property is well presented throughout with the current tenants taking pride in their home.
The property is approached along a wide path from the road. A wrought iron gate gives access to the enclosed front garden bordered with hedging with a mix of hard and soft landscaping, providing space for motorbike parking. To the rear steps lead up to the rear garden, securely enclosed with wooden fencing and laid to lawn with terracing to one side. In addition, there is a play park and recreational area at the end of the access lane. There is unrestricted parking on Lancelot Road.
This property is currently available to investment buyers only with long standing tenants in situ who wish to remain. The potential gross rental yield is in the region of 5%.
Main water, drainage, gas and electricity. Gas central heating. Double Glazing.