Income-producing HMO near Exeter city centre and university campuses..
Four-bedroom Victorian terraced house with HMO layout
A well-presented Victorian four-bedroom terraced house currently configured and operated as an established HMO, positioned within easy walking distance of Exeter city centre and university campuses. High ceilings, original period features and UPVC double glazing give a mix of character and practical, low-maintenance updates. The south-facing rear garden is a rare outdoor benefit for this type and location.
The property is producing a gross rental income of £2,000 pcm on a fixed-term tenancy in place until 30 June 2026, making it immediately income-generating for investors. Heating is by gas central heating and the EPC is band C (69). Council Tax Band C and fast broadband speeds support lettability for working sharers or students.
Buyers should note the house is on a small overall and plot size, with a single bathroom serving four bedrooms — a common HMO constraint that may limit rental premium without alteration. Some internal areas show dated decor and will benefit from modernisation over time. Tenanted until mid-2026, viewings and vacant possession timing are subject to the existing tenancy terms.