Regent Street, Exeter, Devon

Attractive HMO Investment Opportunity

Address: 46 Regent Street, Exeter, EX2 9EH
Property Type: 5-bed, 2-bathroom HMO
Tenant Type: Working Professionals

Prime Location in Exeter

Exeter, the regional capital of the South West, is a vibrant city with a dynamic and diverse economy. Key industries include education, healthcare, finance, and digital technologies, which attract a strong professional workforce. Major employers such as the University of Exeter, the Royal Devon and Exeter NHS Foundation Trust, and a growing tech sector provide a solid foundation for the city’s economic resilience. Additionally, Exeter’s high quality of life and picturesque surroundings make it an appealing destination for residents, ensuring consistent demand for high-quality rental properties.

The property at 46 Regent Street, EX2 9EH, is strategically located near Exeter’s city centre, providing tenants with easy access to key employment hubs, shopping districts, and cultural attractions. This central position makes it particularly attractive to professionals who value both convenience and connectivity.

Transport Links and Accessibility

Exeter benefits from outstanding transport links that enhance its appeal as a place to live and invest. The city is connected to the UK’s major cities via regular train services from Exeter St. David’s station, offering direct routes to London Paddington, Plymouth, and Bristol. The M5 motorway provides quick access to the rest of the South West and beyond.

The city has also made significant investments in infrastructure, improving its public transport and cycling networks. Exeter’s proximity to scenic Devon countryside and coastal areas adds to its desirability, combining urban convenience with the charm of rural living.

Financial Summary

Income Breakdown (Monthly):

Room 1: £635.00
Room 2: £550.00
Room 3: £645.00
Room 4: £640.00
Room 5: £605.00

Total Monthly Income: £3,075.00

Annual Income: £36,900.00

Expenditure Breakdown (Monthly):

Gas: £115.00
Electric: £115.00
Water: £53.50
Council Tax: £189.00
TV License: £14.13
Broadband: £69.00
Cleaner: £0.00

Total Monthly Expenditure: £555.63

Annual Expenditure: £6,667.56

Yield Analysis

Gross Yield: 10.54% (calculated as Annual Income / Sale Price)

Conclusion:

46 Regent Street is a robust investment opportunity, delivering steady rental income and competitive yields. Its central location, coupled with Exeter’s thriving economy and connectivity, makes it an ideal addition to any investor’s portfolio. With a well-established tenant base and excellent growth prospects, this property promises both immediate returns and long-term value.

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.