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Prospect Park, Exeter, EX4 6 bed terraced house for sale
Prospect Park, Exeter, EX4
£625,000
Prospect Park, Exeter, EX4
£625,000
Our Summary
- Included on the freehold is a garage which is rented out separately to main house, this was not intended to be part of the sale however there is the potential for this to be negotiated and included
Description
This impressive 6-bedroom student investment property is a prime opportunity for investors, boasting a substantial Victorian terraced house in a prime location. Currently let to 6 students for the 2025-26 academic year at an annual rent of £50,160, the property offers a return on investment of over 8%. The property features six double bedrooms, a large kitchen, separate living room, and two shower rooms, with a generous enclosed garden and covered bike storage. The house is well-maintained and presented throughout, retaining many original features such as decorative fireplaces and stripped wooden flooring. Located in Prospect Park, the property is within easy walking distance of the university campus, city centre, and public transportation links. Additionally, the property comes with a garage that is rented out separately, offering potential for further income or negotiation as part of the sale.