Pennsylvania Road, Exeter

- PROPERTY TYPE
House
- BEDROOMS
16
- BATHROOMS
11
- SIZE
Ask agent
- 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
- 12-BED AND 4-BED HMO PROPERTIES FOR SALE
- 'GOLDEN TRIANGLE' PRIME STUDENT LOCATION
- PRE-LET FOR ACADEMIC YEAR 2025/26
- HIGH-YIELD INVESTMENT
- OFF-ROAD PARKING
- LICENSE AND SAFETY REGULATIONS APPROVED
Description
Seize the chance to own two exceptional HMO properties in the heart of Exeter’s thriving student community. This rare investment opportunity includes a 12-bedroom HMO and a 4-bedroom HMO, situated in the prime student location with excellent access to the city’s university, amenities, and transport links. Designed to meet the high demand for student housing, these properties offer modern interiors, spacious communal areas, and excellent rental potential, making them ideal for investors seeking strong and consistent returns in a sought-after market.
Rental income: £150,000/year for both. These properties are PRE-LET for the academic year 2025/26.
Investment Highlights:
Location: Strategically located near universities, public transport, and student amenities.
Income Potential: Combined properties generate an excellent gross rental yield, with room for further rental growth.
Condition: Both properties are well-maintained, with modern furnishings and recent updates to communal areas.
No Vacancy Rates: High demand for student accommodation in the area ensures consistent occupancy.
HMO Licenses: Both properties hold valid and up-to-date HMO licenses, meeting all relevant legal and safety standards.
This dual-property portfolio offers a turn-key investment opportunity with substantial income potential in the student rental market. Contact us today for more information or to arrange a viewing!
Main 12-Bedroom Student Hmo -
Bedrooms - 12 spacious, furnished double bedrooms.
Communal Areas - A spacious, fully equipped communal kitchen with plenty of storage and a huge living area designed for student living.
Bathrooms - 8 bathrooms, some of which are ensuites. All with modern fixtures.
Coach House 4-Bedroom Hmo -
Bedrooms - 4 spacious, furnished double bedrooms.
Bathrooms - One guest w/c downstairs, and a shared bathroom upstairs.
Communal Areas - A newly fitted open kitchen/diner space, with an island which provides plenty of storage. A living space adjacent for the students.
Parking - 4 Off-road parking spaces available.
Compliance - Fully HMO licensed and compliant with all current safety regulations.
Operational Costs - Ask Agent for more details.
Agents Notes - These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.
Brochures
Pennsylvania 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Pennsylvania Road, Exeter
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Visit our security centre to find out moreDisclaimer - Property reference 33636925. 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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