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6 Bed HMO, Exeter, EX4 3AH £180,000

New Bridge Street, Central, Exeter, EX4 3AH - 2 views - 2 months ago
  1. Deal Search
  2. Exeter
  3. EX4
  4. EX4 3AH
Auction
HMO
Planning
Outside Article 4
ROI: 28%
~186 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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

Property History

Listed for £180,000

October 3, 2025

Description

  • Prime Exeter city centre location +
  • Granted HMO planning permission +
  • Six bedrooms, four bathrooms +
  • Outstanding investment opportunity +
  • Near shops and local amenities +
  • Close to public transport links +
  • Outstanding investment opportunity +

Presenting a rare opportunity to acquire a substantial six-storey terraced property in the heart of Exeter’s sought-after city centre. Perfectly poised for investors and developers, this remarkable building is offered for sale with huge development potential. Planning permission has been granted to convert the property into a six-bedroom, four-bathroom HMO. The property exudes a sense of history and character, offering a unique canvas for an imaginative refurbishment. Comprising six bedrooms, one open-plan kitchen with dedicated dining space, and four bathrooms, the proposed floor plans outline a property designed for both comfortable modern living and strong rental appeal. Whilst extensive refurbishment is required, the property’s immense potential is evident, especially given the prime location. The property is ideally situated with convenient access to public transport links, an abundance of local amenities, and well-established cycling routes, features which are sure to attract student tenants and professional sharers alike. With anticipated rental values in the region of £200–£250 per week per student, this development represents an outstanding investment prospect. Full planning details and proposed floor plans are available here: is a rare opportunity to add an exceptional city centre asset to your portfolio. Early viewing is highly recommended to fully appreciate the unique potential on offer.

This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold). The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. The auction can be accessed here: 

EPC rating: G. Tenure: Freehold,

Agent Details

Northwood, Exeter

01397 604439

Next Steps?

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

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Investment Opportunity

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