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8 bedroom terraced house for sale
Exeter, Devon
£475,000
Exeter, Devon
£475,000
Our Summary
- DescriptionA rare opportunity to purchase a substantial building in one of Exeter’s most sought-after student locations, offering exceptional potential to renovate a prime HMO
- The property benefits from planning permission for 8 individual letting rooms, making it ideally suited for conversion into a 7 or 8-bed HMO (subject to meeting required safety and amenity standards)
- Offering significant scope for refurbishment, this is a superb investment opportunity for developers, landlords, or investors looking to create a premium student residence in the heart of Exeter
- Planning Permission granted for 8 lettings rooms
- Refurbishment opportunity with strong rental potential
Description
This historic building, formerly part of the Locomotive Inn, offers a rare opportunity to renovate a prime HMO in one of Exeter's most sought-after student locations. With 1,529 sq ft of accommodation, currently arranged as 8 bedrooms and two bathrooms across three floors, the property benefits from planning permission for 8 individual letting rooms, making it ideal for conversion into a 7 or 8-bed HMO. Its prime location opposite Exeter Central Station and just a short walk to the university, city centre, and popular student amenities ensures strong rental demand and excellent future income potential. The property offers significant scope for refurbishment, making it a superb investment opportunity for developers, landlords, or investors looking to create a premium student residence in the heart of Exeter.