Property for sale in Bartholomew Street West, Exeter EX4
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Property features
- HMO
- Strong Rental Demand: Due to its location and the increasing demand for shared accommodations, the property offers a consistent rental income.
- Capital Appreciation: Potential for the property to appreciate in value over time, offering both rental yield and capital gains.
- HMO Advantages: Typically, HMOs can generate higher rental yields than traditional buy-to-let properties due to multiple tenants.
Property description
Confidential sale - This 5-bedroom House in Multiple Occupation (HMO) offers a prime investment opportunity in a sought-after location. Features include spacious bedrooms, a modern shared kitchen and a communal living/dining areas. With a net annual rental income of £35,000 and the potential to increase the rent, the property is positioned at a purchase price of £450,000
Information
The property is let until August 2025 and brings in a net income of £35,000 a year.
Property info
For more information about this property, please contact
Francis Louis Residential, EX1 on +44 1392 976606 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Francis Louis Residential, and do not constitute property particulars. Please contact Francis Louis Residential for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.