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5 bedroom house of multiple occupation for sale
Regent Street, Exeter, Devon
£350,000
Regent Street, Exeter, Devon
£350,000
Our Summary
- Attractive HMO Investment Opportunity Address: 46 Regent Street, Exeter, EX2 9EH Property Type: 5-bed, 2-bathroom HMO Tenant Type: Working Professionals Prime Location in Exeter Exeter, the regional capital of the South West, is a vibrant city with a dynamic and diverse economy
- 54% (calculated as Annual Income / Sale Price) Conclusion: 46 Regent Street is a robust investment opportunity, delivering steady rental income and competitive yields
Description
This attractive HMO investment opportunity is located in Exeter, a vibrant city with a strong professional workforce and a thriving economy. The property at 46 Regent Street is a 5-bed, 2-bathroom HMO with a central location near the city centre, providing easy access to employment hubs, shopping districts, and cultural attractions. The property generates a total monthly income of £3,075 and an annual income of £36,900, with a gross yield of 10.54%. The property has a well-established tenant base and excellent growth prospects, making it an ideal addition to any investor's portfolio. With a robust income stream and competitive yields, this property promises both immediate returns and long-term value.