>
24 bedroom detached house for sale
Nethercott Place, Exeter
£2,550,000
Nethercott Place, Exeter
£2,550,000
Our Summary
- There is also the possibility of a building plot on the land being sold with the Freehold for all 6 properties
- We have also been informed there is potential to build another home at the end of the terrace (subject to planning)Furniture - All Furniture will be sold with the property
Description
This is a unique opportunity to purchase six modern 4-bedroom HMO houses, all of which are currently let out and generating an annual income of £203,140. The properties are fully furnished and come with a management company, which is also being sold. The freehold to the entire development, including the parking area, is being sold with the properties, offering potential for further development. The current owner pays all bills, which currently total £25,974 per year. There is also the possibility of building another home at the end of the terrace, subject to planning permission. The properties are located in a desirable area and offer a lucrative investment opportunity for the right buyer.