6 bed house for sale in Leighton Terrace, Exeter, EX4 (ref: 102879000600)

Set within the popular student area of St James is this 6 bedroom licensed HMO producing a good yield with a possibility to increase the income. Excellent location for Streatham Campus and St Lukes as well as the City Centre.

This property briefly comprises 6 double bedrooms, 2 shower rooms, kitchen, lounge and courtyard garden, laid out over 3 floors. The rear access leads to King William Street.

ENTRANCE HALL Wooden front door to vestibule leading into Hall. Stairs to first floor, door to kitchen. Radiator and small cupboard with fuse board

KITCHEN 13'11 x 10' Door to Bedroom 1, lounge and utility room. Radiator. Room thermostat

Howdens fitted kitchen with a range of base and wall units. Space for dishwasher and electric cooker. Fitted extractor hood, stainless steel sink unit and drainer. Space for table and chairs.

BEDROOM 1 13'8 x 12'4 Ground Floor. Bay window overlooking front. Radiator

LOUNGE 13'6 x 10' Door to shower room and storage cupboard area. Radiator. Window overlooking the Utility Room. Double doors to storage cupboard under the stairs

SHOWER ROOM Sliding door. Window to rear. Towel Rail, extractor fan, large shower enclosure with glass side and door. Wash hand basin and WC.

STORAGE ROOM Plumbing for washing machine. Combination Boiler

BEDROOM 2 11'8 x 10' First floor. 2 x windows overlooking the rear, radiator and cupboard with window

SHOWER ROOM Window over looking side. Radiator, shower cubicle with glass side and door, wash hand basin.

WC Window overlooking side, WC and wash hand basin

BEDROOM 3 12'2 x 10 First floor. Window overlooking rear. Radiator

BEDROOM 4 15' x 13'7 First Floor. Bay window over looking the front. Radiator.

BEDROOM 5 10'6 x 9'1 Second Floor. Window over looking rear. Radiator.

BEDROOM 6 16'1 x 10'9 Second Floor. Window over looking the front. Radiator.

REAR COURTYARD Rear gated access with combination lock to the rear. Storage cupboard/bike shed. Laid to chippings.

AGENTS NOTES This property has been owned by the current owner for over 20 years, a good history of renting each year and currently has students in occupation for the 2024/25 academic year at an annual rent of £45,738 and let for 2025/2026 Academic Year at an annual rent of £47,190. Potential to increase the income with some adjustments to the layout of the property.

For more information or to book an appointment please contact Star Investment Properties.

The University of Exeter student numbers have grown substantially over the last 5 years increasing by approximately 26% since 2018 with the numbers at approximately 29,776 for the 2022/23 academic year and highly likely to grow even more over the next decade.

Exeter University is ranked within the top 200 prestigious QS World University Rankings 2022 placing it among the very best institutions worldwide, the University is also one of the highly distinguished 24 Russell Group Universities within the United Kingdom.

*This data is taken from the annual 1st December student census and represents the most up to date information about students for the stated academic year. Students which withdraw during the year will not be accounted for in these figures. The data is FTE including INTO, but excluding non-credit bearing students and inbound exchange students such as Erasmus.

LOCATION The property lies within a Central City location within close proximity of the University of Exeter's main Streatham Campus and additionally the High Street, extremely popular with students and exempt from Article 4 Restrictions making this an ideal investment and student property.