7 bedroom semi-detached house for sale

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7 bedroom semi-detached house for sale

Pinhoe Road, Exeter EX4
£580,000

Price History

Initial price £600,000
04/04/25 £580,000
Price Change -3.33%

Description

This fully let HMO property in [location] boasts seven double bedrooms, five of which have en-suite facilities. The property generates an annual income of £55,500, with the landlord paying approximately £11,388 in bills, including council tax. The room rents vary, ranging from £550 to £700 per calendar month, with five of the rooms featuring en-suite facilities. With the potential to switch to a student HMO, the tenants could take on the responsibility of paying the bills, increasing the property's earning potential. Overall, this is a successful and lucrative investment opportunity for anyone looking to generate a significant income through a well-managed HMO property.