6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Park Road, Exeter, Devon, EX1
£550,000

Price History

Initial price £575,000
15/08/24 £550,000
Price Change -4.35%

Description

This spacious 6-bedroom HMO property is a lucrative student investment opportunity in Exeter, with a guide price of £550,000-£575,000. The property is currently let out to students, generating £38,880 in rental income per year, and has a consistent history of student lettings. The property features a large kitchen, three double bedrooms, and two bathrooms on the first floor, and a further double bedroom on the second floor. With excellent links to all Exeter University campuses, including Streatham and St. Luke's, and the city centre just a mile away, this property is perfectly positioned to attract students. Marketing is underway to secure tenants for the upcoming academic year, making this a great opportunity for investors to capitalize on the growing demand for student accommodation in Exeter.