Asking Price £585,000

6 bed terraced house for sale in Leighton Terrace, Exeter

Shortlist

Key features

  • TENANTED INVESTMENT PROPERTY
  • CURRENT MONTHLY INCOME £4422
  • 6-BED LICENCED HMO
  • PROVIDING CONSISTENT RENTAL RETURNS FOR APPROX 20 YEARS
  • GOOD LOCATION FOR EXETER UNIVERSITY
  • EPC -C
SUMMARY An excellent opportunity to acquire a fully licensed six-bedroom HMO in one of Exeter's most sought-after student locations. Owned by the same vendor for over 25 years, the property has consistently delivered strong rental yields and benefits from a well-established rental history.

Positioned to enjoy views across the city from, the property retains a number of attractive original features, adding character and appeal. As a fully licensed HMO in a prime student area, it represents a proven investment opportunity with reliable, year-on-year demand from the student rental market.

Key Features:

Location: Situated on Leighton Terrace, the property is just a stone's throw from Exeter city centre and within easy walking distance of the University of Exeter's Streatham Campus, making it highly attractive to student tenants. The campus is around a 15-minute walk away, while the city centre can be reached in approximately 5 minutes on foot.

Living Space: Spacious communal living areas, a newly fitted kitchen, and two bathrooms.

Bedrooms: The property comprises six well-proportioned bedrooms, neatly kept and decorated.

Outdoor area: Low maintenance paved courtyard garden, with gated access and bike store.

Parking: Permit resident parking on road available.

Property Tenure: Freehold
Council Tax Band: D
EPC: C

Stamp duty due

Based on a sale price of £585,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

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

Further details

  • New Listing: Launched in the last 10 days
  • Status: Available
  • Council tax band: D
  • Tenure: Freehold
  • Reference: 728162

What else you need to know?

  • Heating supply: Gas central heating

Location