>
5 bedroom terraced house for sale
Magdalen Road, Exeter EX2
£330,000
Magdalen Road, Exeter EX2
£330,000
Price History
Initial price | £349,000 |
25/02/25 | £335,000 |
01/05/25 | £330,000 |
Price Change | -5.44% |
Description
This licensed five-bedroom end-terrace HMO is currently rented to professional tenants, generating a rental income of £37,140 per annum, inclusive of bills, representing a 10.65% return. The property features gas-fired central heating, UPVC double-glazed replacement windows, and a wall-enclosed rear garden. Its excellent location makes it ideal for those working at the nearby RD&E Hospital, Medical School, and St Luke's campus of Exeter University, as well as Exeter City Centre. With its desirable location and attractive rental yield, this property presents a fantastic investment opportunity.