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8 Bed HMO, Exeter, EX4 4HR £850,000

Queens Terrace, Exeter, EX4 4HR - 3 views - a year ago
  1. Deal Search
  2. Exeter
  3. EX4
  4. EX4 4HR
Sold STC
HMO
ROI: 3%
~248 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Exeter
  • More Deals in EX4
  • More HMO Deals
  • More HMO Deals in Exeter
  • More HMO Deals in EX4

Property History

Listed for £850,000

September 26, 2024

Floor Plans

Description

  • Confidential Investment Sale +
  • Victorian Period Property +
  • 8 Very Large Bedrooms +
  • Very Modern Throughout +
  • Close to the University +
  • 3 Parking Spaces +
  • Fully Furnished +
  • Three Car Parking Spaces +
  • Amazing Income Secured for 2024/2025 +
  • Fully Let for 2024/2025 Academic Year +

Enquire today about this wonderful opportunity to own an HMO in the HEART of the City Centre, located by Exeter's Miles Clock Tower. This mid 1800's Victorian home boasts 8 very large bedrooms, a modern kitchen and living space. Annual generated rental income of £67,132.85, which is over an 8% yield. Utility bills are being paid by the tenants for the 2024/2025 tenancy & all furniture can be included.

This property also boasts 3 car parking spaces, very rare in the City Centre.

This is a large and spacious property, all bedrooms are a great size (large doubles) with many being exceptionally large, and overall there is ample living space for occupants.

Situated very close to the University of Exeter, which ranks 13th in The Times Good University Guide 2024, the property benefits from its strategic location in a city experiencing significant growth in its student population—a 58% increase since 2014. This investment not only promises substantial returns but also positions you in a market with increasing demand.

Investors will value the option of hands-off management for this property, with a professional team available to ensure optimal service and maintenance. This turnkey solution offers flexibility for those looking to expand their portfolio in the professional rental market, allowing for minimal operational oversight if desired.

Take advantage of this exceptional property to secure your position in one of the UK's most sought-after educational hubs, ensuring a steady and growing income for years to come.

Please call the team to get more information.

Agent Details

Smart Estate Agent, Exeter

01392 321313

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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