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Clinton Avenue, Exeter, Devon, EX4

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

1

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

  • Five-bedroom licensed HMO
  • Approx. £39,000 annual income
  • Potential three-bedroom family home
  • Popular Mount Pleasant location
  • Spacious kitchen/dining room
  • Enclosed rear garden
  • No onward chain
  • Close to University and city centre

Description

Situated in the sought-after Mount Pleasant area of Exeter, this spacious five-bedroom HMO offers versatile accommodation arranged over two floors and is available with no onward chain. Located in a highly popular area for students and sharers, the property currently achieves a gross annual income of around £39,000, making it an attractive and established investment opportunity. Equally, the property offers excellent potential to be reconfigured back into a traditional three-bedroom terraced family home if desired. The property is conveniently positioned within easy reach of the University of Exeter, Exeter city centre, local schools, transport links, and a wide range of nearby amenities.

The property has been significantly enhanced in recent years, with improvements including a newly fitted kitchen/dining room, new carpets throughout, a replacement boiler, a new front door, a new kitchen door, and new rear patio doors.

The ground floor accommodation is both flexible and well proportioned, with the two reception rooms currently being used as bedrooms, making the property particularly appealing for those seeking strong rental potential. To the rear of the property is a generous kitchen/dining room offering ample space for cooking, dining, and entertaining.
Upstairs, the house offers three well-proportioned bedrooms together with a family bathroom. The versatile layout is ideally suited to shared occupancy, while also providing flexible accommodation for family living.

Externally, the property benefits from a private enclosed rear garden and a useful outbuilding providing additional storage. The outdoor space offers an attractive setting for relaxing, outdoor seating, and entertaining.

Properties in this highly popular central location remain in strong demand, and with its flexible accommodation, established rental income, and no onward chain, early viewing is highly recommended.

None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before making any legal commitment.
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Clinton Avenue, Exeter, Devon, EX4

Approximate location

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Extension potential
Recently sold & under offer
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About Higgins Drysdale, Chichester

104 Shippam Street, Chichester, PO19 1AY
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Welcome to Higgins Drysdale. We are an independent property sales business founded and run in response to the modern and ever-changing property market. Our focus is on delivering the best advice possible to sellers and buyers. Higgins Drysdale is a specialist residential and commercial property a​g​ent with an unrivalled depth of experience and market knowledge. We take great pride in the level of service offered to clients. This service is enhanced by an awareness that not only do we have a duty to achieve the best possible price for our clients but also a duty of care to our many buyers.

Affordability

Monthly repayments£2,257
Property: £ 450,000
Deposit: £ 45,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference ClintonAvenue. 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 Higgins Drysdale, Chichester. 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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