Hillsborough Avenue, Exeter £695,000

This spacious 6-bedroom student property offers an outstanding investment opportunity, generating a strong rental income of £54,000 per annum, with tenancy secured until August 2026. Situated in an excellent location close to the university, this house is highly sought after by students due to its proximity to campus, local amenities, and transport links.

What sets this property apart is the significant potential for further development. Plans have already been drawn up for the construction of an additional 5-bedroom HMO (House in Multiple Occupation) in the adjacent garden, subject to planning permission. This expansion could dramatically increase both the property’s value and rental income, offering a rare chance to grow your investment.

This is an exceptional opportunity to acquire a high-yield property with immediate rental income and future growth potential already in motion.

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.