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6 bed terraced house
Leighton Terrace, Exeter EX4
£550,000
Leighton Terrace, Exeter EX4
£550,000
Our Summary
- Potential to increase the income with some adjustments to the layout of the property
Description
This 6-bedroom licensed HMO property is located in the popular St James area, within walking distance to the University of Exeter's Streatham Campus and St Luke's campus. The property has a good yield and potential to increase income with some adjustments. It features 6 double bedrooms, 2 shower rooms, a kitchen, lounge, and a courtyard garden. The property is laid out over three floors and has a rear access leading to King William Street. The current owner has rented the property to students for over 20 years, with a current annual rent of £47,190. The property is an excellent investment opportunity due to the growing student population at the University of Exeter, which is ranked among the top 200 universities worldwide.