5 Bed HMO, Exeter, EX4 6LX £400,000

29 Herschell Road, Exeter, Devon, EX4 6LX - 1 views - 2 months ago
Sold STC
HMO
Inside Article 4
~97

Property History

Listed for £400,000

November 17, 2025

Sold for £162,000

2005

Sold for £128,000

2002

Floor Plans

Description

  • 5 BEDROOMS +
  • GOOD LOCATION +
  • LOUNGE +
  • KITCHEN/DINING ROOM +
  • GARDEN +
  • Great Investment +

A fantastic investment opportunity — this fully licensed 5 double bedroom HMO student property is situated in the highly sought-after Mount Pleasant area of Exeter. The property is let until August 2026, producing a strong annual net rental income of £27,500, offering investors immediate returns from day one.

The house is finished to a good standard throughout and offers spacious, practical accommodation ideal for student living. The layout includes a comfortable lounge, a modern fitted kitchen and dining area, a contemporary bathroom and an enclosed rear garden providing a private outdoor space.

Located within easy reach of the University of Exeter, local amenities and transport links, Mount Pleasant remains one of the city’s most desirable and reliable student rental locations, ensuring excellent occupancy rates year after year.

Agent Details

Francis Louis, Exeter

01392 321704

Next Steps?

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