Summary - 52 UNION ROAD EXETER EX4 6HU
6 bed 2 bath Detached
Income-producing home a short walk from campus ideal for seasoned landlords.
Licensed six-bedroom HMO with immediate 2025/26 tenancy generating £50,028 pa (11 months).
Freehold detached house with front and rear gardens, driveway and single garage.
Two shower rooms only for six tenants — potential need for additional facilities.
EPC C (70); gas boiler and radiators, UPVC double glazing present.
Council Tax Band E (above average) — factor into running costs.
Prime student location near Exeter University and city centre amenities.
Constructed mid-20th century; solid cavity walls, some cosmetic updating likely beneficial.
An established six-bedroom licensed HMO in a prime student corridor, this detached property offers immediate rental income and long-term letting potential. With a secured tenancy for the 2025/26 academic year producing £50,028 (exclusive of bills) over 11 months, it is set up for hands-off returns from day one. The freehold includes front and rear gardens, driveway parking and a single garage — useful extras for HMO management and storage.
Internally the house is practical and characterful, with gas central heating, UPVC double glazing and two shower rooms serving six bedrooms. Room sizes vary but several bedrooms are generous; common areas include a separate living room and a sizeable kitchen fitted with basic appliances. The building dates from the mid-20th century and presents as a solid, conventional construction with cavity walls and an EPC rating of C (70).
Considerations for buyers: the property currently has only two shower rooms for six tenants, which can impact tenant satisfaction and possible yields if upgrades are required. Council Tax is Band E (above average) and the advertised rental income excludes bills, so running costs and utility collection arrangements should be confirmed. Some cosmetic updating or targeted refurbishment may increase rents and reduce void risk over time.
This is best suited to experienced HMO investors or landlords seeking a licensed, income-producing student asset close to Exeter University’s Streatham campus. Its location — handy for the city centre, local shops and transport links — supports strong occupation during the academic year, while garden, garage and parking add flexibility for management or future reconfiguration.
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