SUMMARY An impressive large 7 bedroom student licensed HMO. This is an amazing and rare opportunity to purchase a substantial well maintained investment property.
Location: Located in a prime location close to the main Exeter University campus, the city centre, local amenities and public transport.
Living Space: Large and spacious open plan living, dining and kitchen area. Ideal space for socialising.
Bedrooms: 7 spacious and well decorated bedrooms, spread over 3 floors. 4 of these of bedrooms are ensuite which is a rare but desirable feature.
Outdoor area: Enclosed courtyard garden to the rear of the property.
Parking: Resident permit parking on the road outside.
Property Tenure: Freehold
Council Tax: C
EPC: DD
BEDROOM112' 4" x 11' 7" (3.76m x 3.54m)
BEDROOM214' 1" x 10' 2" (4.31m x 3.11m)
KITCHEN/SITTING/DININGROOM25' 9" x 9' 6" (7.87m x 2.91m) Double range cooker, extractor fan, sink with drainage, space for two free standing fridge/freezer, space for an extra appliances, door leads to downstairs toilet with plumbing for washing machine and space for dryer.
BEDROOM312' 2" x 9' 6" (3.71m x 2.91m)
BEDROOM411' 10" x 10' 2" (3.63m x 3.11m) With ensuite shower room, wc and sink.
BEDROOM516' 1" x 8' 0" (4.91m x 2.44m) With ensuite shower room, wc and sink.
BEDROOM612' 4" x 10' 2" (3.76m x 3.11m) With ensuite shower room, wc and sink.
BEDROOM716' 1" x 10' 7" (4.91m x 3.23m) With ensuite shower room, wc and sink.
RENTAL/LETTINGINFORMATION Rented for 2025/26 academic year for £4158pcm. Yearly income of £45,738, making a 6.8% yield.
Tenants secured for 2026/27 academic year for £5159pcm. Yearly income of £56,749, making a 8.4% yield.
SERVICES Electric Supply: Mains
Heating Supply: Mains Gas
Sewerage: Mains
Water Supply: Mains
Mobile Signal: Several networks showing as available including EE, Vodaphone, 3 and 02
Broadband: Standard, Superfast and Ultrafast
Stamp Duty Due
Based on a sale price of £670,000 the total amount of stamp duty payable will be:
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Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.