Clifton Road, Exeter £550,000

For sale is a lucrative investment opportunity: a spacious 6-bedroom HMO student house generating an annual income of £42,900. Fully occupied until August 2025, this property boasts a communal lounge, a well-equipped kitchen, two bathrooms, and a garden. Its prime central location further enhances its appeal.

Current tenants
The Current tenants are paying £41,580 and they pay their bills. This contract runs until August 2024.

New tenants
New tenants move into the property from September 2024 and they are paying £42,900. They also pay their own bills and this tenancy runs until August 2025.

Agents Notes
These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.