York Terrace

Exeter

52terraced house

Price:£425,000

Property details

Key features

FIVE BEDROOM HMO INVESTMENT PROPERTY
PRIME CENTRAL EXETER LOCATION WITHIN A CONSERVATION AREA
CLOSE TO MAINLINE RAILWAY STATION AND WITHIN EASY WALKING DISTANCE OF THE CITY CENTRE
TWO BATH/ SHOWER ROOMS
WELL-PROPORTIONED BEDROOMS ACROSS THREE FLOORS
REAR COURTYARD GARDEN
COUNCIL TAX BAND: C

Council Tax Band:

Tenure:

Freehold

Located within a conservation area on York Terrace, Exeter, this substantial five-bedroom HMO presents an excellent opportunity for investors seeking a well-located and highly lettable property. Positioned within easy walking distance of the city centre and mainline railway station, the property is ideally situated to attract tenants, particularly students attending the University of Exeter.
The accommodation is arranged over three floors and offers a practical and well-balanced layout. On the ground floor, there is a modern fitted kitchen with access to a rear courtyard garden, along with a communal living/dining area providing a sociable space for occupants. A large double bedroom is also located at the front of the property.
The first floor comprises two further bedrooms, in addition to two separate bath/shower rooms, offering convenience for multiple occupants. Stairs then rise to the second floor, where two additional bedrooms complete the accommodation.
Externally, the property benefits from a low-maintenance rear courtyard, ideal for tenant use.
This is an ideal investment opportunity for those looking to acquire a property in the heart of Exeter, with strong rental demand and excellent proximity to local amenities, transport links, and the university.

Agents Notes
There is an easement on the title, please enquire with the branch.

The owner advises that the property is currently let to students and that for 2026/27 it is let to 5 students for a total annual rent of £41,250.

Living Room
Double glazed rear aspect window, inset space under stairs for tumble dryer, wall mounted radiator.

Kitchen
Double glazed side aspect window and rear aspect door, modern wall and base units, work surfaces, electric oven, gas hob with extractor over, sink unit.

Bedroom 2
Double glazed front aspect window, fireplace, wall mounted radiator.

First Floor Bedroom 1
Two double glazed front aspect windows, corner wash hand basin, wall mounted radiator.

Bedroom 3
Double glazed rear aspect window, wall mounted radiator.

Bathroom
Double glazed side aspect window, bath with shower over, boiler, low level toilet, wash hand basin, heated towel rail.

Shower Room
Double glazed side aspect window, low level toilet, shower, wash hand basin, heated towel rail.

Second Floor Bedroom 4
Double glazed front aspect window, wall mounted radiator.

Bedroom 5
Double glazed front aspect window, fitted wardrobe, wall mounted radiator.

Rear Garden
Small patio area to rear.

Utilities, rights & restrictions

Expand

Utility Supply:

ElectricityMains Supply
WaterMains Supply
HeatingGas Central
BroadbandFTTC
SewerageMains Supply

Rights & Restrictions:

Private rights of wayfalse
Public rights of waytrue
Listed propertyfalse
Restrictionsfalse

Risks:

Flooded in last 5 yearsfalse
Flood defencesContact branch
Source of floodContact branch

Guidance Notes

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply. Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help. ** The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 29/01/26. Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

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PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.