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Prospect Park, Exeter, EX4

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 6 Bedroom HMO Investment Property
  • Prime Student Location
  • 8% Gross return on investment
  • 6 Double bedrooms
  • Many period features and plenty of character
  • Generous garden to the rear with bike storage

Description

New to the market is this impressive 6 bedroom student investment property in a prime location.

To be sold as a going concern, the property is currently Let to 6 students for the current 2025-26 academic year at an annual rent of £50,160, giving a return on investment of just over 8%.

This substantial, Victorian terraced property consists of six double bedrooms, a large kitchen with adjoining dining/utility room, separate living room and two shower rooms. At the rear is a generous enclosed garden with covered bike storage and rear access.

The house is maintained to a high standard and is very well presented throughout. The property retains many original features with decorative fireplaces in several of the rooms, along with stripped wooden flooring.

The property is located in Prospect Park, an attractive, leafy street in a perfect location for University students, being within easy walking distance of the main campus, City Centre and bus/train stations.

N.B. Included on the freehold is a garage which is rented out separately to main house, this was not intended to be part of the sale however there is the potential for this to be negotiated and included.


EPC Rating: D

Bedroom 1

3.69m x 4.36m

Spacious double bedroom with bay window.

Living Room

3.18m x 3.58m

Comfortable living room

Kitchen

2.53m x 5.07m

Large kitchen with extensive work and cupboard space.

Utility Room

1.89m x 5.28m

Spacious utility / dining room with laundry facilites and access to rear garden.

Bedroom 2

2.58m x 4.13m

L-shaped bedroom with double bed, cupboard housing boiler.

Bedroom 3

3.25m x 3.6m

Spacious double bedroom with integrated cupboard space

Bedroom 4

3.48m x 3.54m

Double bedroom with two windows and decorative fireplace.

Shower Room

1.28m x 2.56m

Shower Room

Bedroom 5

3.19m x 3.53m

Double bedroom with decorative fireplace

Bedroom 6

3.26m x 3.59m

Double bedroom with decorative fireplace.

Shower Room 2

1.43m x 2.77m

Shower Room

Garden

Enclosed rear garden with covered bike storage, picnic table and rear access.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Prospect Park, Exeter, EX4

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About Hellier Ridley, Exeter

Elmbrook House, New North Road, Exeter, EX4 4LA
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Hellier Ridley Ltd offer professional property services with a personal touch.

We are a well-established team, with nearly 50 years' combined experience in the local market.

Covering small to large letting portfolios and all ends of the sales market, we blend deep local knowledge with a friendly, relationship-focussed approach. Our business is built around industry leading tools and technology to provide each of our clients the best possible service at a more competitive cost.

Whether you're selling, letting, or just seeking guidance, feel free to get in touch - no pressure, just honest advice.

Your mortgage

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Choose between 1 and 40 years
Years
%
Monthly repayments
£2,908
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 6c7c1d5a-089c-447f-9fa7-815807569137. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hellier Ridley, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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