<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: This is a rare and exceptional investment opportunity in Alphington, Exeter, offering a fully refurbished and compliant property with a secure income stream. The main building is configured as a 4-unit HMO with 8 rooms and kitchenettes, providing a turnkey solution for an investor. The property is strategically located near the A30 and M5 motorways, Marsh Barton trading estate, and the picturesque village of Alphington, making it an attractive location for tenants. The property offers two investment paths: a pre-agreed 11-year repairing lease providing a secure annual rent of £97,000 with a 2% annual increase, or the option to manage the property independently and develop the barn into a 5-bedroom dwelling, potentially generating a strong six-figure income from multiple revenue streams. The property is fully compliant with modern safety and legal standards, providing a secure and immediate income stream for the buyer.