No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Lounge Diner   3
Kitchen   2
Lounge Diner   2
Guide price£540,000
Added < 14 days

5 bedroom detached house for sale

2A Culverland Road
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Detached house
5 bed
2 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • INVESTMENT OPPORTUNITY
  • 5 BEDROOM LICENSED HMO
  • FULLY LET FOR 2024/2025
  • 2024/2025 INCOME: £43,200pa
  • PRIME LOCATION
  • MODERN DETACHED PROPERTY
  • EXCELLENT CONDITION THROUGHOUT
Set within this most popular area is this modern five bedroom student HMO producing a good yield and income. Positioned a short distance from the main University of Exeter Streatham Campus and the City Centre. Extremely popular with students and exempt from Article 4 Restrictions making this an ideal investment and student property.

This property briefly comprises an entrance hall, lounge/diner, kitchen, and bedroom 1 and shower room to the ground floor. To the first floor is the landing, shower room and bedroom 2, bedroom 3, Bedroom 4 and 5 can be found on the first floor. To the rear is a spacious courtyard garden providing outside space with side access. 

ENTRANCE HALLWAY UPVC Front door leading into Entrance hallway with radiator and UPVC Double Glazed Window and then Glazed internal door to living area.  

LOUNGE/DINER 22' 8" x 19' 2" (6.91m x 5.84m) Open Plan Lounge/Diner with door to kitchen, and stairs to First floor. Radiators & UPVC Double glazed Window to front, UPVC Double Glazed Sliding door to rear leading out to Courtyard garden. Internal door to inner hallway that leads to Bed 1 and Shower Room. Virgin Media Point to Lounge area.  

KITCHEN 10' 2" x 8' 11" (3.1m x 2.72m) Range of Base and Wall units with Freestanding Fridge/Freezer, Freestanding Tumble dryer, Free standing Washing Machine, Combi Boiler, Gas Hob, and brand new Single Electric Oven. UPVC Double Glazed window overlooking rear courtyard Garden. Tiled floor and Worktop Backsplash. Heat Alarm, carbon monoxide Alarm, and LED Spotlights. 

SHOWER ROOM 7' 6" x 5' 2" (2.29m x 1.57m) Inner hallway off of dining area leading to Ground floor Shower room. With large double walk in shower with rainwater head, White Suite with Basin in cupboard unit, white sanitary ware and Chrome towel radiator, LED spotlights, extractor fan, and UPVC Double Glazed Window. Full height tiling throughout with tiled floor.  

BED 1 11' 8" x 8' 8" (3.56m x 2.64m) accessed via inner hallway into ground floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator.  

BEDROOM 2 10' 11" x 9' 9" (3.33m x 2.97m) First floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator. 

BEDROOM 3 9' 9" x 8' 2" (2.97m x 2.49m) First floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator. 

BEDROOM 4 8' 11" x 7' 6" (2.72m x 2.29m) First floor double bedroom with UPVC Double Glazing, Blackout Blind and Radiator. 

BEDROOM 5 12' 11" x 7' 2" (3.94m x 2.18m) First floor Single bedroom with UPVC Double Glazing, Blackout Blind and Radiator. Potential to extend to create double.  

COURTYARD GARDEN Accessed via sliding doors from Lounge to Spacious low maintenance Patio within Courtyard Style Garden with Outside tap, Light and Gate to to Side Access.  

The University of Exeter student numbers have grown substantially over the last 5 years increasing by approximately 26% since 2018 with the numbers at approximately 29,776 for the 2022/23 academic year and highly likely to grow even more over the next decade.

Exeter University is ranked within the top 200 prestigious QS World University Rankings 2022 placing it among the very best institutions worldwide, the University is also one of the highly distinguished 24 Russell Group Universities within the United Kingdom.

*This data is taken from the annual 1st December student census and represents the most up to date information about students for the stated academic year. Students which withdraw during the year will not be accounted for in these figures. The data is FTE including INTO, but excluding non-credit bearing students and inbound exchange students such as Erasmus. 

LOCATION The property lies within a Central City location within close proximity of the University of Exeter's main Streatham Campus and additionally the High Street, extremely popular with students and exempt from Article 4 Restrictions making this an ideal investment and student property. 

AGENTS NOTES: This property has been owned by the current owner since 2017 when they created a 5th Bedroom, a good history of renting each year and currently has students in occupation for the 2023/24 academic year and let for 2024/2025 Academic Year.

For more information or to book an appointment please contact Joanne Johns at Star Investment Properties.  

Places of interest

    We are a local family run business, have over 30 years’ experience of selling and the management of student investment HMO’S, portfolios, residential HMO’s and buy to lets, there is a wealth of experience and knowledge within our business, that is why we are Exeter’s leading selling agent for these types of property investments and portfolios. There is also a range of acquisition services we also offer to clients who prefer to have a really knowledgeable expert by their side investing within property. In addition to this part of our business we are also able to source various land/development opportunities not only locally but also nationally, therefore if you are a developer or want a self-build opportunity please get in touch and register with us. If you are looking to dispose of a development please also get in touch and we can guide you through the various options you have to sell. Our professionals are experts and have a combined experience of over 50 years working within the industry selling and letting thousands of homes. Senior members are proud members of either the National Association of Estate Agents (NAEA) or the Association of Residential Letting Agents (ARLA)

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    *DISCLAIMER

    Property reference 102879000564. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Star Investment Properties - Exeter.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.