Summary - 10 SYLVAN ROAD EXETER EX4 6EW
6 bed 2 bath Detached
Immediate income in a prime location close to university and city amenities.
- Licensed six-bedroom HMO with current student tenancy
- Rental income £50,028 for 2025/2026 academic year
- Potential to add a seventh bedroom, subject to consent
- Large integrated garage/workshop plus driveway parking for two
- Gas central heating and EPC C (77)
- Very large plot with rear paved terraces and side lawn
- Council Tax Band F — overall expensive (check future liability)
- Double glazing present; install date unknown (consider inspection)
A licensed six-bedroom HMO in a prime student corridor close to the University’s Streatham campus and Exeter city centre. Currently let for the 2025/2026 academic year producing £50,028 over an eleven-month agreement, the property offers immediate rental income for an investor and the stability of a current tenancy.
The house is freehold, detached and built in the late 1960s/early 1970s, with gas central heating, UPVC double glazing (install date unknown), an EPC rating of C (77) and very low local crime. Accommodation includes two bathrooms, a large lounge/diner, a substantial integrated garage/workshop and driveway parking for two vehicles. The plot is very large with terraced paved seating areas and a side lawn, useful for tenant amenity.
There is scope to increase capacity to seven bedrooms subject to formal consent, which could lift income after successful application. Practical positives include a roomy layout, built-in storage across several rooms and fast broadband and mobile signal — important for student tenants.
Notable considerations: the property is council tax Band F (currently zero rated for the tenancy but overall expensive), any increase to seven bedrooms requires planning/licensing consent, and the double glazing installation date is not recorded. Investors should account for standard HMO maintenance and compliance costs alongside energy and utilities management.
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