66 & 67 Magdalen Street, Exeter, EX2 8 bed terraced house for sale

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66 & 67 Magdalen Street, Exeter, EX2 8 bed terraced house for sale

66 & 67 Magdalen Street, Exeter, EX2
£850,000

Price History

Initial price £875,000
23/01/25 £850,000
Price Change -2.86%

Description

This is a rare investment opportunity in the city center, comprising two large period mid-terrace properties with 7 self-contained flats, generating a gross annual income of £59,040. The properties, spread across five floors, offer significant potential for investors, whether they choose to continue the current setup or break up and sell the individual units, subject to necessary consents. The flats are let on assured short-hold tenancy agreements, with rents ranging from £520 to £925 per month. The properties have EPC ratings ranging from D to E, and are located in an area with ultrafast broadband and likely mobile coverage. Viewings can be booked online for scheduled block appointments.