Refurbished five-bed HMO with garage — income-ready in a central student neighbourhood..
HMO licence in place for immediate rental use
A rare five-bedroom end-of-terrace on Monks Road, offered with an existing HMO licence and recent full refurbishment. The property combines generous bedroom sizes, two shower rooms and a garage — a strong set-up for ongoing rental income or owner-occupation with letting potential. Freehold tenure, EPC C and no flood risk add practical reassurance.
Set on a small corner plot in a popular student and cosmopolitan neighbourhood, the house benefits from fast broadband, excellent mobile signal and very low local crime. Interiors blend period 1930s character with modern fittings: bay windows, fireplaces and a contemporary kitchen with built-in appliances. The attic room provides flexible extra space and there is a manageable garden accessed from the kitchen.
This suits investors seeking immediate rental returns from an HMO or buyers wanting space in a central Exeter location. Be aware the plot is small and the property is an end-of-terrace — outside space is limited compared with detached houses. Nearby schooling is mixed (some schools marked as requiring improvement), which may affect family buyers.
Overall this is a practical, income-ready building in a high-demand rental area. The recent renovation reduces short-term maintenance risk, though buyers seeking large gardens or quieter suburban plots should consider alternatives.