5 bedroom terraced house for sale

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5 bedroom terraced house for sale

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.