<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This prime investment property in Alphington, Exeter, offers a rare opportunity to acquire a fully refurbished and compliant, income-generating asset with substantial long-term potential. The property is situated in a highly sought-after location, with quick access to the A30 and M5 motorways, and is close to the vibrant Marsh Barton trading estate and the picturesque village of Alphington. The main building is configured as a licensed HMO with 4 self-contained units and 8 rooms with kitchenettes, and is ready to be furnished and tenanted immediately. The property has a secure income stream through a pre-agreed 11-year repairing lease, or the buyer can choose to manage it independently and develop the barn into a 5-bedroom dwelling, offering a high-yield and accelerated development strategy. With a choice of two investment paths, this property presents a compelling opportunity for investors seeking a stable and predictable income or a more hands-on and potentially higher-reward strategy.