Summary - TOP FLOOR FLAT, 67, MAGDALEN STREET EX2 4HN
9 bed 7 bath Terraced
**Standout Features:**
- 9-bedroom terraced house split into 7 self-contained flats
- Gross annual income potential of £59,040
- Five floors of spacious living with varied layouts
- Located in a vibrant, cosmopolitan neighborhood close to amenities
- Low crime rate and excellent mobile and broadband connectivity
- Outdoor courtyard area
**Notable Concerns:**
- Period property; some areas may require renovation
- No insulation noted, only electric heating
This impressive 9-bedroom terraced house on Magdalen Street presents a unique investment opportunity, perfectly situated in the heart of Exeter's lively city center. Currently configured as seven self-contained flats, this property boasts a substantial gross income potential of £59,040 per year, making it ideal for serious investors looking to enhance their portfolio. Spanning five levels, each flat offers spacious layouts and the chance to create a standout living experience for tenants or residents.
While its period charm and high ceilings appeal to families and professionals, the property does come with potential renovation needs—particularly with its dated mid-century kitchens and lack of insulation. The low crime rate and proximity to highly rated schools and an array of amenities add to its appeal, offering a secure and convenient lifestyle. With the local market dynamics favoring student and professional renters, this property’s location ensures strong rental demand. Don’t miss your chance to secure this valuable investment—properties of this nature are rare and won’t be available for long!
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