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6 bedroom terraced house for sale
Beaufort Road, Exeter
£450,000
Beaufort Road, Exeter
£450,000
Our Summary
- The property has planning permission to increase the number of tenants from 6 to 8, and planning permission to convert the loft space into two additional en-suite bathrooms, thus increasing the current rental income considerably
- The current rental value of the property as it is, is approximately c£46,000, with the potential to increase to c£65,000 if the planning permission is acted on
- Planning Permission To Increase Number of Bedrooms and Bathrooms
- Potential To Be Split Into Self Contained Flats
Description
This six-bedroom terraced HMO property in St Thomas offers a unique opportunity for investment or renovation. The property has been well-maintained by the current owner, with recent renovations including new paint, carpets, and furnishings. It features three bathrooms and two kitchens, and has planning permission to increase the number of tenants from six to eight and convert the loft space into two additional en-suite bathrooms. The property's current rental value is approximately £46,000, with the potential to increase to £65,000 if the planning permission is acted on. The property also has a secure courtyard garden to the rear, making it an attractive option for investors or those looking for a unique living space.