Springfield Road, Exeter
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
2
- SIZE
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- TENUREDescribes 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
- INVESTMENT OPPORTUNITY
- PRE LET FOR 2027/28 ACADEMIC YEAR
- SOUGHT AFTER STUDENT LOCATION
- NEWLY REFURBISHED
- 2 COMMUNAL ROOMS
- 6 DOUBLE BEDROOM
Description
Recently renovated approximately two years ago, this six-bedroom student property is ideally positioned at the upper end of Springfield Road, within close proximity to the University of Exeter. The property benefits from a well-established student location and a layout designed to accommodate six students comfortably.
The accommodation comprises six generously sized double bedrooms, a kitchen/dining room, an additional communal reception room, a bathroom and a separate shower room. Externally, the property further benefits from an enclosed rear garden, providing valuable outdoor space for tenants.
The property is currently let for the 2026/27 academic year, generating a net annual income of £57,720. Furthermore, it is already pre-let for the 2027/28 academic year at the same net income, offering investors the advantage of secured forward rental income and reduced void-period exposure.
Situated on Springfield Road, the property benefits from a highly convenient position close to the University of Exeter, making it well suited to the student rental market. The surrounding area provides access to local amenities, transport links and the wider facilities of Exeter city centre.
With its six double bedrooms, communal accommodation and established rental income, this property presents an appealing opportunity for investors seeking a substantial student HMO in a sought-after Exeter location.
Early enquiry is highly recommended.
Brochures
Springfield Road, Exeter- 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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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 35042040. 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 Francis Louis, 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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