9 bedroom townhouse for sale
Key information
Property description & features
- Gross Income £62,667 Per Annum
- 9 Bedrooms
- Fully Let for 2024/2025 Academic Year
- Great Garden
- Prime Location
- Management Company In Place
- Utilities Paid By Tenants
Located in the bustling heart of Exeter, this student HMO represents an outstanding opportunity for investors. The property comprises 9 fully furnished bedrooms alongside essential communal facilities, designed to meet the needs of today's students. It has been let in full and offers a gross income of £62,667 for the 2024/2025 academic year.
This is a large and spacious property, all bedrooms are a great size (large doubles) with many being exceptionally large, and overall there is ample living space for occupants.
- Situated very close to the University of Exeter, which ranks 13th in The Times Good University Guide 2024, the property benefits from its strategic location in a city experiencing significant growth in its student population—a 58% increase since 2014. This investment not only promises substantial returns but also positions you in a market with increasing demand.
- Investors will value the option of hands-off management for this property, with a professional team available to ensure optimal service and maintenance. This turnkey solution offers flexibility for those looking to expand their portfolio in the professional rental market, allowing for minimal operational oversight if desired.
- Take advantage of this exceptional property to secure your position in one of the UK's most sought-after educational hubs, ensuring a steady and growing income for years to come.
Contact us to discuss this and other exclusive off-market investment opportunities. We'd happy to help you find the perfect addition to your portfolio.
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Property reference P2585. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood - Exeter.
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Broadband availability and predicted speed: obtained from Ofcom on December 23, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on January 10, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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