7 bedroom house for sale

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7 bedroom house for sale

Brookfield Gardens, Exeter
£425,000

Price History

Initial price £475,000
27/06/24 £425,000
Price Change -10.53%

Description

This substantial 7-bedroom detached house in the sought-after Alphington district of Exeter presents a lucrative investment opportunity. The property is currently fully let as a 6-bedroom let, with the option to increase the rental yield by letting the seventh bedroom. It features an en-suite master bedroom, a fully equipped kitchen, a spacious lounge with a conservatory, a bathroom, a separate WC, a garden, and a utility room. Additionally, there is ample off-road parking. The property's gross annual income stands at £42,900, with individual room rents ranging from £550 to £700 per month, excluding bills. Monthly expenses, including council tax and utilities, total approximately £950. This investment property is managed by Francis Louis, who also provides detailed financial breakdowns for potential investors to consider. The property's photos and description offer a glimpse into its potential as a high-yielding rental property in a desirable location.