5 bedroom terraced house for sale

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5 bedroom terraced house for sale

St. Johns Road, Exeter
£419,000

Price History

Initial price £429,000
25/02/25 £419,000
Price Change -2.33%

Description

This licensed five-bedroom HMO is fully let to professional tenants, generating an annual rental income of £37,128, inclusive of bills, which represents an 8.74% return. The property has a tenancy agreement in place until 2025/2026, with a rental income of £35,760, exclusive of bills, over the duration of the tenancy. Located in an excellent spot near Exeter St Luke's University campus and within easy reach of a local general store and Exeter City Centre, the property features UPVC double-glazed windows, gas central heating, and a dropped curb to handstand.