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SOLD STC

Leighton Terrace, Exeter

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

Floorplan 1
1

Key features

  • TENANTED INVESTMENT PROPERTY
  • CURRENT MONTHLY INCOME £4422
  • 6-BED LICENCED HMO
  • PROVIDING CONSISTENT RENTAL RETURNS FOR APPROX 20 YEARS
  • GOOD LOCATION FOR EXETER UNIVERSITY
  • EPC -C

Description

SUMMARY An excellent opportunity to acquire a fully licensed six-bedroom HMO in one of Exeter's most sought-after student locations. Owned by the same vendor for over 25 years, the property has consistently delivered strong rental yields and benefits from a well-established rental history.

Positioned to enjoy views across the city from, the property retains a number of attractive original features, adding character and appeal. As a fully licensed HMO in a prime student area, it represents a proven investment opportunity with reliable, year-on-year demand from the student rental market.

Key Features:

Location: Situated on Leighton Terrace, the property is just a stone's throw from Exeter city centre and within easy walking distance of the University of Exeter's Streatham Campus, making it highly attractive to student tenants. The campus is around a 15-minute walk away, while the city centre can be reached in approximately 5 minutes on foot.

Living Space: Spacious communal living areas, a newly fitted kitchen, and two bathrooms.

Bedrooms: The property comprises six well-proportioned bedrooms, neatly kept and decorated.

Outdoor area: Low maintenance paved courtyard garden, with gated access and bike store.

Parking: Permit resident parking on road available.

Property Tenure: Freehold
Council Tax Band: D
EPC: C 
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.
Permit
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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Leighton Terrace, Exeter

Approximate location
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Affordability

Monthly repayments£2,934
Property: £ 585,000
Deposit: £ 58,500
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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About Star Investment Properties, Exeter

6 Northernhay Place, Exeter, EX4 3QJ

We are a local family run business, have over 30 years' experience of selling and the management of student investment HMO'S, portfolios, residential HMO's and buy to lets, there is a wealth of experience and knowledge within our business, that is why we are Exeter's leading selling agent for these types of property investments and portfolios. There is also a range of acquisition services we also offer to clients who prefer to have a really knowledgeable expert Property Consultant by their side, investing within property. If you are looking to Sell a Development or Portfolio please also get in touch and we can guide you through the various options you have. Our professionals are experts and have a combined experience of over 50 years working within the industry selling and letting thousands of homes. Senior members are proud members of either the National Association of Estate Agents (NAEA) or the Association of Residential Letting Agents (ARLA).

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Disclaimer - Property reference 102879000700. 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 Star Investment Properties, 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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