Initial price	£695,000
02/11/24	£650,000
Price Change	-6.47%

This spacious detached 6-bedroom property is a licensed HMO (House of Multiple Occupation) investment opportunity, with the potential to increase to 7 bedrooms, offering a large garage/workshop and driveway. The property is situated in a prime student location, close to Exeter University's Streatham campus and Exeter City Centre. A tenancy is already in place for the 2024/2025 academic year, generating a rental income of £48,642, and a second tenancy has been agreed for 2025/2026, with a rental income of £50,028. The property features gas central heating, UPVC double-glazed windows, and a large garage/workshop, making it an attractive investment opportunity for students.