Turn-key nine-bedroom student HMO with secure income to August 2026.
Pre-let to August 2026 with annual income £65,565 (bills included)
Nine bedrooms, three bathrooms — limited communal bathroom capacity
Freehold Victorian semi with period bay windows and character
Open-plan modern kitchen/dining, dedicated laundry room
Total floor area ~1,904 sq ft; overall internal footprint is modest
Small garden and plot; urban setting with neighbouring buildings close
Fast broadband and excellent mobile signal; low local crime
Designed and classified for student communal living (occupancy profile)
A substantial Victorian semi-detached house in central Exeter, this nine-bedroom property is set up as student communal living and currently produces a strong annual income of £65,565 (bills included). Sold freehold and pre-let until August 2026, it offers immediate, contract-backed rental returns for an investor seeking predictable cashflow and low management uplift in the short term.
The house retains period character — bay windows and brickwork — while the ground floor benefits from a modern open-plan kitchen/dining space and a dedicated laundry room. Fast broadband, excellent mobile signal and a low-crime, affluent neighbourhood support high letting demand in this part of EX1, close to transport links and local amenities.
Practical considerations: the property has three bathrooms for nine bedrooms, so communal facilities are relatively limited for occupant numbers. The plot and garden are small and the overall internal footprint is described as modest for nine bedrooms, which may constrain future reconfiguration or owner-occupier use. It is sold with existing tenancies in place, so any new owner must accept tenants in situ until the lease expiry.
For investors targeting the student market this is a turn-key income asset with scope to review space planning when vacant. For buyers considering conversion to alternative uses or owner-occupation, budget for reconfiguration and potential refurbishment should be factored in.
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