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7 bedroom semi-detached house for sale
Pinhoe Road, Exeter
£600,000
Pinhoe Road, Exeter
£600,000
Our Summary
- This property also have the potential of switching to a student HMO and therefore benefiting from the tenants paying the bills
Description
This fully let HMO property has seven double bedrooms, five of which have en-suite facilities, generating an annual income of £55,500. The current room rents range from £550 to £700 per month, with five of the rooms having en-suite facilities. The property's bills, including council tax, are approximately £11,388 per annum, which is paid by the landlord. The property has the potential to be converted into a student HMO, where the tenants would pay the bills, potentially increasing the income. The property is currently let and earning a significant income, making it an attractive investment opportunity.