Established income-producing home close to campus and city amenities.
["Licensed six-bedroom HMO near Streatham campus","2025/26 income £50,028 over 11 months (bills excluded)","2026/27 tenancy agreed at £190 pppw (bills excluded)","Two shower rooms serving six bedrooms (shared facilities)","UPVC double glazing and gas central heating with combi boiler","Garage, driveway and front and rear gardens","EPC Band C; Council Tax Band E","Total internal area 913 sq ft; efficient room sizes"]
A spacious, six-bedroom detached licensed HMO close to the University of Exeter and city centre. The property is already let for the 2025/26 academic year, producing £50,028 over 11 months, and a tenancy agreed for 2026/27 at £190 pppw (exclusive of bills). Its location, off-street parking, garage and front and rear gardens make it a practical, high-demand student investment in a low-crime, well-connected neighbourhood.
Internally the house is mid-20th century in character with practical updates including UPVC double glazing, gas central heating, a modern combi boiler and an EPC rating of C. Accommodation includes six bedrooms, two shower rooms, a living room and a large kitchen with appliance spaces—arranged over two storeys, with storage cupboards and solid/laminate floors in many rooms.
Important considerations for investors: the home functions as a licensed HMO and is configured for student lets, with two communal shower rooms only. Council Tax sits at Band E and the property’s total floor area is 913 sq ft, so rooms are efficient rather than expansive. Any purchaser should allow for routine maintenance and cyclical HMO compliance costs; visible fittings suggest mostly good condition but buyers should confirm the licence terms and any planned works.
This is best suited to landlords seeking an established Exeter student letting with immediate income and straightforward access to Streatham Campus, town amenities and good transport links. It offers clear rental stability and potential for modest yield improvements subject to management and any selective upgrades.
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