Summary - Haldon Road, Exeter EX4 4DZ
7 bed 4 bath Terraced
Ready-made student investment close to campus with immediate rental income potential.
Licensed seven-bedroom HMO with tenancy for 2025/2026 academic year
Projected rental income about £41,470 over 11 months (ex utilities)
Victorian character: high ceilings, bay windows, multiple fireplaces
Two kitchens, four shower rooms and communal living space for HMO use
Concrete rear patio garden; small plot, limited outdoor amenity
Kitchens dated and worn — updating recommended to boost rents
EPC D (68); cavity walls assumed with no insulation noted
Location recorded as very high crime — factor into management costs
A licensed, seven-bedroom mid-terrace Victorian property presented as an investment with an agreed tenancy for the 2025/2026 academic year and projected rental income around £41,470 over an 11-month period (exclusive of utilities). The house sits close to the Streatham campus and Exeter city centre, making it a practical let for students and short-term academic tenants.
Period features including high ceilings, bay windows and several original fireplaces give the property strong character and letting appeal. The layout includes two kitchens, four shower rooms, a communal living room and a small rear patio — practical for multi-occupancy living and straightforward HMO management.
There are material items buyers should factor in: many kitchens are dated and worn and will benefit from updating; walls are likely cavity with no insulation noted; the EPC is D (68). The area records very high crime, and the property occupies a small plot with concrete patio only. Council tax band E and several shared facilities mean management and running costs should be calculated into yield forecasts.
This freehold property is best suited to investors seeking an HMO in a prime student neighbourhood, or to buyers prepared to refurbish to improve rental rates and energy efficiency. The building’s size, central location and existing licence provide immediate income potential, while modest capital works could increase long-term returns and tenant appeal.
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