Three-bedroom multi-unit investment property

A substantial, characterful and highly versatile, late-Victorian, three-flat investment property occupying a convenient position on Old Tiverton Road, within easy walking reach of Exeter City centre, the University and a wide range of local amenities. The property provides tenanted three self-contained flats, with total rents reserved of £30,840 per annum, making it an appealing opportunity for investors seeking an established multi-unit residential asset in a consistently strong rental location. Offering scope for continued investment use and potential further enhancement, subject to all necessary consents, the property is ideally suited to landlords, investors and those looking to add value. Ground floor comprises a communal entrance vestibule, hallway, and private flat entrance to Flat 1 featuring a large living room, double bedroom, kitchen, utility/shower room, cloakroom/WC, and rear porch. The first floor provides a landing and private flat entrance to Flat 2 featuring a large living room, large kitchen/diner, double bedroom with en-suite shower, and a separate WC. The second floor offers a landing and private flat entrance to Flat 3 featuring a large living room, double bedroom, kitchen, and shower room/WC. Externally, Flat 1 benefits from an enclosed private courtyard garden to the rear with secure rear pedestrian access. The property is held freehold subject to three tenancies. Flat 1 is let on an assured periodic tenancy at £995 pcm, Flat 2 at £850 pcm, and Flat 3 at £725 pcm. All flats achieve a C energy efficiency rating and feature gas central heating. Additional benefits include kitchen white goods included in the sale and the option for on-street permit parking.