Initial price	£650,000
18/02/25	£599,950
Price Change	-7.70%

This property, located on Okehampton Road in Exeter, is a prime investment opportunity that offers a strong yield and steady rental income. The 7-bedroom, 7-bathroom HMO is situated in a central location, providing easy access to key employment hubs, shopping districts, and cultural attractions. The property benefits from a strong tenant demand, driven by Exeter's thriving economy and major employers such as the University of Exeter and the NHS. The property's excellent connectivity, with direct train routes to London and Bristol, and its proximity to scenic Devon countryside, make it an attractive destination for professionals and families. The financial performance is impressive, with an annual rental income of £58,200 and operating costs of £7,900, resulting in a net annual income of £50,300. The property achieves a 10% gross yield and 8.4% net yield, demonstrating strong profitability for investors. With minimal maintenance and excellent growth prospects, this property is a turnkey investment opportunity that is sure to deliver long-term value.