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3 bedroom house share for sale

Magdalen Road, Exeter, EX2

PROPERTY TYPE

House Share

BEDROOMS

3

BATHROOMS

1

SIZE

1,195 sq ft

111 sq m

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

  • Prime Location
  • Walking Distance to City Centre
  • well Developed Local Amenities
  • Great Transport Links
  • Investment opportunity

Description

Investment Opportunity – Fully Let 3-Bed HMO

Offers over £275,000

Guide: £300,000

Located in the heart of the vibrant and highly sought-after St Leonards area, this fully tenanted three-bedroom HMO presents an excellent investment opportunity in one of Exeter’s strongest rental locations.

Arranged over two well-proportioned floors, the property offers a light and welcoming living space, a fitted kitchen, and three generously sized bedrooms, making it ideally suited to professional sharers. Period character blends seamlessly with contemporary finishes, ensuring ongoing tenant appeal and low void risk.

Currently let as a fully occupied HMO, the property provides immediate income, making it an attractive, ready-made addition to an investor’s portfolio.

Occupying a prime position on Magdalen Road, the property benefits from a thriving local community and an eclectic mix of independent shops, award-winning cafés, and popular eateries right on the doorstep. Exeter High Street, the Quayside, and RD&E Hospital are all within easy walking distance, while excellent public transport links and commuter routes further enhance its desirability.

This is a rare opportunity to acquire a well-located, income-producing property in one of Exeter’s most characterful and consistently in-demand areas.


EPC Rating: D

Kitchen/Diner

4.72m x 4.34m

Spacious open planned Kitchen Diner

Lounge

3.66m x 2.82m

Comfortable lounge with wooden flooring and natural walls

Bedroom 1

4.7m x 3.48m

Bright and spacious double bedroom with wooden flooring and natural walls

Bedroom 2

4.7m x 3.48m

Bright and spacious double bedroom with an original fireplace feature

Bedroom 3

3.66m x 2.92m

Comfortable double bedroom complete with original fireplace feature

Bathroom

3.66m x 1.68m

Modern bathroom finished with contemporary tiling

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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Energy performance certificate - ask agent

Magdalen Road, Exeter, EX2

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About Housen Estates, Exeter

Exeter
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At Housen Estates, we believe that great service starts with great communication. Our Directors have over 15 years experience within the property sector, we want to built our reputation on trust, transparency, and a forward-thinking approach.

Our team combines deep industry expertise with the latest in modern technology to deliver an estate agency experience that's efficient, seamless, and tailored to your unique needs. Whether you're buying or selling we're here to guide you every step of the way with personalised advice and cutting-edge solutions.

We don't just sell homes; we build lasting relationships by putting your needs first and ensuring that your property journey is as smooth as possible.

Discover a smarter way to move with Housen Estates - where innovation and dedication meet.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,255
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference c87eb744-2cd1-4265-a6b8-74defc8e4018. 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 Housen Estates, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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