Springfield Road, Exeter
£650,000 (Tenant Fees)

Springfield Road, Exeter – A six-bedroom student HMO offering an attractive investment opportunity, generating a net annual income of £57,720.

Recently renovated approximately two years ago, this six-bedroom student property is ideally positioned at the upper end of Springfield Road, within close proximity to the University of Exeter. The property benefits from a well-established student location and a layout designed to accommodate six students comfortably.

The accommodation comprises six generously sized double bedrooms, a kitchen/dining room, an additional communal reception room, a bathroom and a separate shower room. Externally, the property further benefits from an enclosed rear garden, providing valuable outdoor space for tenants.

The property is currently let for the 2026/27 academic year, generating a net annual income of £57,720. Furthermore, it is already pre-let for the 2027/28 academic year at the same net income, offering investors the advantage of secured forward rental income and reduced void-period exposure.

Situated on Springfield Road, the property benefits from a highly convenient position close to the University of Exeter, making it well suited to the student rental market. The surrounding area provides access to local amenities, transport links and the wider facilities of Exeter city centre.

With its six double bedrooms, communal accommodation and established rental income, this property presents an appealing opportunity for investors seeking a substantial student HMO in a sought-after Exeter location.

Early enquiry is highly recommended.