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:
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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.