£670,000

7 bed house for sale in 7 Leighton Terrace, Exeter, EX4 (ref: 102879000681)

Shortlist

Key Features

  • RARE OPPORTUNITY
  • 7 BEDROOM LICENSED STUDENT HMO
  • PRIME LOCATION
  • GOOD CONDITION THROUGHOUT
  • CLOSE TO CITY CENTRE AND UNIVERSITY
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

BEDROOM 1 12' 4" x 11' 7" (3.76m x 3.54m)

BEDROOM 2 14' 1" x 10' 2" (4.31m x 3.11m)

KITCHEN/SITTING/DINING ROOM 25' 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.

BEDROOM 3 12' 2" x 9' 6" (3.71m x 2.91m)

BEDROOM 4 11' 10" x 10' 2" (3.63m x 3.11m) With ensuite shower room, wc and sink.

BEDROOM 5 16' 1" x 8' 0" (4.91m x 2.44m) With ensuite shower room, wc and sink.

BEDROOM 6 12' 4" x 10' 2" (3.76m x 3.11m) With ensuite shower room, wc and sink.

BEDROOM 7 16' 1" x 10' 7" (4.91m x 3.23m) With ensuite shower room, wc and sink.

RENTAL/LETTING INFORMATION 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:

*

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.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

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Further Details

  • Status: Available
  • Reference: 102879000681

Location

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