£670,000

7 bed terraced house for sale in 7 Leighton Terrace, Exeter

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 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

  • Status: Available
  • Council tax band: C
  • Tenure: Freehold
  • Reference: 686298

What else you need to know?

Utility supply, rights and restrictions

  • Utility supply
    • Broadband: ADSL
    • Heating supply: Gas central heating
    • Sewerage: Mains
    • Water supply: Mains
  • Other information
    • Property age bracket: Victorian(1837 - 1901)

Location