• City Centre Location +
• HMO + separate studio apartment +
• 4 Bed main house +
• Spacious Kitchen/Living/Dining Area +
• Immediate rental income +
• Lets agreed for 26/27 +
• 7.9% Yield +

A fantastic opportunity to acquire a well maintained HMO in Exeter city centre, including a four bedroom semi-detached house and additional lower ground floor studio flat which has a separate entrance. Both the main house and the studio have tenancies for the current academic year as well as lets agreed (stc) for 2026/27, with annual rental income totalling £39,083. This represents a yield of 7.9%.

THE PROPERTY

The main house is accessed from Bartolomew St West with the accommodation set out over three floors. The ground floor comprises a hallway which leads to an open plan kitchen/living room. The kitchen is modern, with grey units, integrated appliances and solid wood worktops. There is a ground floor WC and stairs from the hallway to the first and second floors.

The first floor comprises two double bedrooms plus shower room and the second floor is a replica, with two further bedrooms and shower room.

Accessed from the rear of the building, via Rackclose Lane (a pedestrian lane), is the self-contained studio flat, which consists of modern kitchen, bathroom and bedroom/living area.

THE LOCATION

Bartholomew St West is in the heart of the city, within close waking distance to all local amenities. The Picturehouse cinema is a stones throw away, as are the plethora of shops bars and restaurants on Fore Street. The location makes it extremely popular with students and other renters who wish to have everything on their doorstep.

SERVICES

Local Authority: Exeter City Council
Council Tax Band: C/A
Tenure: Freehold
Heating: Gas Central Heating/Electric heating
Services: Mains water supply and mains drainage
Energy Efficiency Rating: D
Parking: We understand discounted season ticket are available for the Bartholomew Terrace car park
Flooding- This is deemed to be very low risk for rivers & seas and very low for surface water.
Internet- We understand that standard, superfast and ultrafast broadband can be found in this locality providing a download speed up to 1000Mbps.
Mobile Phone signal - Several networks are currently displayed as available at the property.

AGENT'S NOTE

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers once any sale is agreed, and check proof of funding. We use the services of a third party, Hipla, a Law Society Licensed company. We will require the full name, mobile phone number and current address of all buyers. There is a nominal charge of £24 including VAT for this, (per person), payable direct to Robert Williams Estate Agents. Details will be provided upon request. Please note, we are unable to issue a memorandum of sale until all the required mandatory checks are complete. It is a mandatory requirement for a Sales or Lettings Agent to be part of a redress scheme, we have membership with The Property Ombudsman (a government approved redress scheme). It is a mandatory requirement for a Lettings Agent to be part of a Client Money Protection scheme, we have membership with Propertymark (a government approved client money protection provider).