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66 & 67 Magdalen Street, Exeter, EX2 8 bed terraced house for sale
66 & 67 Magdalen Street, Exeter, EX2
£850,000
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.