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This property was removed from Dealsourcr.

6 Bed HMO, Exeter, EX4 4DZ £425,000

Exeter, Devon, EX4 4DZ - 16 views - a year ago
  1. Deal Search
  2. Exeter
  3. EX4
  4. EX4 4DZ
HMO
ROI: 9%
~186 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 £425,000

December 3, 2024

Sold for £287,500

2008

Sold for £125,000

2001

Floor Plans

Description

Description

This substantial 6 bedroom HMO has been let to students by the current owner for the duration of their ownership. The property benefits from significant communal space coupled with bigger than average bedrooms. The previous rent roll has been circa £33,000. However, with current rental figures considered, the rent roll achievable has potential to be in the region of £45,000.

The six bedrooms are arranged across all three floors. All bedrooms are sizable double rooms five with separate sink / wash basin facilities.

The ground floor consists of a living room, and first bedroom on your right as you enter the property. With a sizable kitchen diner to the rear with a utility space. There is also a shared shower room on the ground floor. The ground floor staircase take you to a further three double bedrooms and a second shared bathroom. Finally, via a light and spacious second staircase you can find the final two double bedrooms in what would have been the loft space.

Situation

The City of Exeter is one of the most vibrant and attractive cities in Southern England. With a population of almost 130,000, expanding Russel Group University and growing Business and Science Parks. The City lies on the beautiful River Exe and is within half an hour's drive of the coast and moors is the region's major administrative, commercial and retail centre.

Directions

Heading away from our Exeter office via New North road, take the third exit at the clocktower roundabout. At the lights turn left and left again at the mini roundabout, taking you onto St Davids Hill. Take the second right onto Haldon Road. Follow the road around to find the property halfway up the terrace on the left.

Agent Details

Wilkinson Grant & Co Land & Investment, Topsham

01392 321842

Next Steps?

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

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Cashflows

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