5 bedroom terraced house for sale

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5 bedroom terraced house for sale

St. Johns Road, Exeter EX1
£414,000

Price History

Initial price £429,000
25/02/25 £419,000
01/05/25 £414,000
Price Change -3.50%

Description

This five-bedroom HMO property is fully let to professional tenants, generating an annual rental income of £37,128, inclusive of bills, representing an 8.74% return. A tenancy agreement is in place for the 2025/2026 academic year, with a guaranteed income of £35,760, exclusive of bills. The property boasts modern features, including UPVC double glazed windows, gas central heating, and a dropped curb to handstand. Its excellent location makes it ideal for students attending Exeter St Luke's University campus, with Streatham campus just a mile and a half away. The property is also close to a local general store and Exeter City Centre, making it a convenient and attractive option for tenants.