5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Alphington Road, Exeter
£300,000

Our Summary

  • This would make a great investment opportunity to obtain a set up and well established, occupied HMO
  • Excellent Investment Opportunity Current Gross Income of £34,500pa

Description

This spacious 5-bedroom HMO in St Thomas, Exeter, is a fantastic investment opportunity. The property, which currently generates a gross income of £34,500 per annum, boasts an open-plan kitchen/living area, downstairs WC, and two bedrooms on the ground floor, with three further bedrooms and two bathrooms on the first floor. The property features double glazing, central heating, and a good-sized rear garden. Located in a popular area with easy access to local shops, schools, and transport links, this well-maintained Victorian mid-terrace house is an ideal setup for a new investor or landlord. With its current license and established tenancy, this property is ready to generate a steady income stream. Viewings are highly recommended to appreciate the potential of this fantastic investment opportunity.