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6 Bed HMO, Exeter, EX4 6NA £625,000

24 Prospect Park, Exeter, Devon, EX4 6NA - 3 views - 3 months ago
  1. Deal Search
  2. Exeter
  3. EX4
  4. EX4 6NA
HMO
Planning
Inside Article 4
ROI: 3%
~144 m²

ValuationOvervalued

AI score: 58/100. 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 £625,000

September 29, 2025

Sold for £315,000

2005

Sold for £66,000

1997

Floor Plans

Description

  • 6 Bedroom HMO Investment Property +
  • Prime Student Location +
  • 8% Gross return on investment +
  • 6 Double bedrooms +
  • Many period features and plenty of character +
  • Generous garden to the rear with bike storage +

New to the market is this impressive 6 bedroom student investment property in a prime location. To be sold as a going concern, the property is currently Let to 6 students for the current 2025-26 academic year at an annual rent of £50,160, giving a return on investment of just over 8%. This substantial, Victorian terraced property consists of six double bedrooms, a large kitchen with adjoining dining/utility room, separate living room and two shower rooms. At the rear is a generous enclosed garden with covered bike storage and rear access. The house is maintained to a high standard and is very well presented throughout. The property retains many original features with decorative fireplaces in several of the rooms, along with stripped wooden flooring. The property is located in Prospect Park, an attractive, leafy street in a perfect location for University students, being within easy walking distance of the main campus, City Centre and bus/train stations. N.B. Included on the freehold is a garage which is rented out separately to main house, this was not intended to be part of the sale however there is the potential for this to be negotiated and included.

EPC Rating: D

Agent Details

Hellier Ridley, Exeter

01392 321546

Next Steps?

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

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Investment Opportunity

AI score: 58/100. This may not be accurate, please check manually.

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