7 bed end terrace house

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7 bed end terrace house

Okehampton Road, Exeter EX4
£550,000

Price History

Initial price £650,000
18/02/25 £599,950
14/05/25 £575,000
15/07/25 £550,000
Price Change -15.38%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: This attractive HMO investment opportunity is located in Exeter, a vibrant city with a strong economy and high demand for rental properties. The property, comprising two mid-terraced houses, offers 7 bedrooms and 7 bathrooms, providing a stable income stream through its 7 tenants. With an annual rental income of £60,000 and operating costs of £7,900, the property yields a net annual income of £52,100, representing a 9% net yield. The property's central location, just outside the Article 4 area, ensures easy access to employment hubs, shopping districts, and cultural attractions, making it an attractive investment opportunity for those seeking a strong and stable return on investment.