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16 bedroom property for sale

£1,700,000

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Beds: 16

Baths: 11

Pennsylvania Road, Exeter EX4 See map

Student HMO Investment Opportunity
Seize the chance to own two exceptional HMO properties in the heart of Exeter’s thriving student community. This rare investment opportunity includes a 12-bedroom HMO and a 4-bedroom HMO, situated in the prime student location with excellent access to the city’s university, amenities, and transport links. Designed to meet the high demand for student housing, these properties offer modern interiors, spacious communal areas, and excellent rental potential, making them ideal for investors seeking strong and consistent returns in a sought-after market.

Rental income: 150,000/year for both. These properties are PRE-LET for the academic year 2025/26.

Investment Highlights:

Location: Strategically located near universities, public transport, and student amenities.
Income Potential: Combined properties generate an excellent gross rental yield, with room for further rental growth.
Condition: Both properties are well-maintained, with modern furnishings and recent updates to communal areas.
No Vacancy Rates: High demand for student accommodation in the area ensures consistent occupancy.
HMO Licenses: Both properties hold valid and up-to-date HMO licenses, meeting all relevant legal and safety standards.

This dual-property portfolio offers a turn-key investment opportunity with substantial income potential in the student rental market. Contact us today for more information or to arrange a viewing!Main 12-Bedroom Student HmoBedrooms12 spacious, furnished double bedrooms.Communal AreasA spacious, fully equipped communal kitchen with plenty of storage and a huge living area designed for student living.Bathrooms8 bathrooms, some of which are ensuites. All with modern fixtures.Coach House 4-Bedroom HmoBedrooms4 spacious, furnished double bedrooms.BathroomsOne guest w/c downstairs, and a shared bathroom upstairs.Communal AreasA newly fitted open kitchen/diner space, with an island which provides plenty of storage. A living space adjacent for the students.Parking4 Off-road parking spaces available.ComplianceFully HMO licensed and compliant with all current safety regulations.Operational CostsAsk Agent for more details.Agents NotesThese 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.

Listed: March 3, 2025

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