7 bed end of terrace house for sale in Barnardo Road, Exeter, EX2

SUMMARY A substantial seven-bedroom HMO property with tenants already in situ, currently achieving a steady rental yield. Offering generous accommodation throughout, this is a rare opportunity to acquire a professionally presented HMO investment in one of Exeter's most sought-after locations. Offering an excellent turnkey investment for an incoming purchaser, the property provides an established and potentially income-producing asset with further scope to enhance returns. Subject to any necessary consents, individual rooms could be reconfigured, upgraded and redecorated to create a more contemporary offering and potentially maximise rental income.

Opportunities of this nature in such a prime Exeter location are rarely available and should appeal to both experienced HMO investors and those seeking a strong, ready-to-go investment with further potential for value and income growth.

The property benefits from a reception area, basins within some of the bedrooms, with two of the bedrooms also featuring their own kitchenettes, providing additional convenience and flexibility for tenants.

There are two separate shower rooms and one bathroom also with a shower within the property, alongside a modern open-plan kitchen and reception area. The kitchen is well equipped with an integrated oven, hob and extractor hood, creating a practical communal space for tenants.

The property also benefits from both double and single doors leading out to a large wrap-around garden. This substantial outdoor space provides an excellent area for tenants to enjoy during the warmer months and would be ideal for summer BBQs and socialising. The garden also benefits from secure rear gated access, adding further practicality and convenience.

With seven bedrooms, established tenants, steady rental income, generous living accommodation and significant potential for future enhancement, this is a fantastic HMO investment opportunity.

Property Tenure: Freehold
Council Tax: D
EPC: D

LETTINGS/RENTAL INFORMATION Currently rented for £4,321pcm. Total annual figure £51,852pa *Bills Included*

SERVICES Electricity supply: Mains electricity
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