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Exeter EX1 6 bed terraced house for sale
Archibald Road, Exeter EX1
£575,000
Archibald Road, Exeter EX1
£575,000
Our Summary
- Six-Bedroom Licensed Student HMO - Excellent Investment OpportunitySet in one of Exeter's most sought-after areas, this spacious six-bedroom licensed student HMO has a proven track record of strong rental income over the past 13 years
- Popular with students, offering a secure investment opportunity
Description
This six-bedroom licensed student HMO in Exeter's sought-after area has a proven track record of strong rental income over 13 years, making it an attractive investment opportunity. Located just a short walk from the University of Exeter's campuses and city centre, the property is extremely popular with students. The spacious accommodation features an entrance hall, lounge/diner, kitchen, six double bedrooms, two shower rooms, and an additional WC, with benefits including gas central heating and white UPVC double glazing. The property currently generates £44,352 per annum, set to increase to £50,400 for the 2026/2027 academic year, making it an excellent investment with secure income potential. The property also features a low-maintenance garden with gated access and two large basement storage cupboards.