**Standout Features:**
- Established four-bedroom HMO with a current tenancy agreement in place.
- Generates exclusive rental income of £25,740 over an 11-month period.
- Located in a sought-after cosmopolitan student neighborhood near Exeter University.
- Enclosed rear garden and communal living room.
- Fast broadband and excellent mobile signal.
**Potential Concerns:**
- Small overall size (958 sq ft).
- Dated kitchen from the 1970s may require renovation to meet modern standards.
- Average crime rate in the area.
This well-presented terraced house offers an exceptional investment opportunity for those looking to enter the rental market or expand their portfolio. With a solid rental income secured for the 2025/2026 academic year, this property is tailored for the student demographic, ideally positioned near Exeter University's campuses and vibrant local amenities. Featuring four good-sized bedrooms, a welcoming communal living area, and an enclosed garden, it balances comfort with functionality.
Constructed in the early 20th century, the property retains charming Victorian features while providing modern necessities, including gas central heating and double-glazed windows. However, potential buyers should be aware of the older kitchen's condition and the average size of the home, presenting possibilities for minor renovations to enhance the space.
This prime location and existing rental agreement make it a compelling purchase for investors seeking strong returns in a thriving student area. Act fast to secure your stake in this exclusive rental market!