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7 bedroom terraced house for sale
Exeter, Devon
£425,000
Exeter, Devon
£425,000
Our Summary
- DescriptionA rare opportunity to purchase a substantial building in one of Exeter’s most sought-after student locations, offering exceptional potential to renovate a prime HMO
- The property benefits from planning permission for 8 individual letting rooms, making it ideally suited for conversion into a 7 or 8-bed HMO (subject to meeting required safety and amenity standards)
- Offering significant scope for refurbishment, this is a superb investment opportunity for developers, landlords, or investors looking to create a premium student residence in the heart of Exeter
- Planning Permission granted for 8 lettings rooms
- Refurbishment opportunity with strong rental potential
Description
This substantial period property, formerly part of the historic Locomotive Inn, offers a rare opportunity to renovate a prime HMO in one of Exeter's most sought-after student locations. With 1,529 sq ft of accommodation, currently arranged as 8 bedrooms and two bathrooms, the property benefits from planning permission for 8 individual letting rooms, making it ideal for conversion into a 7 or 8-bed HMO. Situated opposite Exeter Central Station and just a short walk to the university, city centre, and popular student amenities, the property enjoys strong rental demand and excellent future income potential. The property's prime location and significant scope for refurbishment make it a superb investment opportunity for developers, landlords, or investors looking to create a premium student residence in the heart of Exeter.