9 bedroom house for sale

Overview

Located in the bustling heart of Exeter, this student HMO represents an outstanding opportunity for investors. The property comprises 9 fully furnished bedrooms alongside essential communal facilities, designed to meet the needs of today's students. It has been let in full and offers a gross income of £62,667 for the 2024/2025 academic year. This is a large and spacious property, all bedrooms are a great size (large doubles) with many being exceptionally large, and overall there is ample living space for occupants.Situated very close to the University of Exeter, which ranks 13th in The Times Good University Guide 2024, the property benefits from its strategic location in a city experiencing significant growth in its student populationa 58% increase since 2014. This investment not only promises substantial returns but also positions you in a market with increasing demand.Investors will value the option of hands-off management for this property, with a professional team available to ensure optimal service and maintenance. This turnkey solution offers flexibility for those looking to expand their portfolio in the professional rental market, allowing for minimal operational oversight if desired.Take advantage of this exceptional property to secure your position in one of the UK's most sought-after educational hubs, ensuring a steady and growing income for years to come.Contact us to discuss this and other exclusive off-market investment opportunities. We'd happy to help you find the perfect addition to your portfolio. EPC rating: D.