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

This property, located on Okehampton Road in Exeter, is a 7-bed, 7-bathroom HMO that offers a prime location, strong tenant demand, and excellent connectivity. The property is situated outside the Article 4 area for Exeter City Council, making it an attractive investment opportunity. With a steady rental income of £58,200 each and operating costs of £7,900.00 each, the property yields a net annual income of £50,300.00 each, with a gross yield of 10% and a net yield of 8.4%. The property is fully let and benefits from minimal maintenance, making it a turnkey investment. Additionally, the property has four off-road parking spaces that could be rented for extra income. Overall, this property offers a strong return on investment and is an excellent addition to any portfolio.