7 bed semi-detached house for sale

Pinhoe Road, Exeter, Devon EX4

Beautifully Presented 7-Bedroom Semi-Detached HMO in Exeter, Devon

This impressive and spacious property is a fully let House in Multiple Occupation (HMO) situated in a sought-after area of Exeter. Offering seven generously sized double bedrooms, five of which benefit from private en-suite bathrooms, this well-maintained home is an excellent investment opportunity.

Property Features:
• Inviting entrance hallway with a warm and welcoming feel
• Modern, well-equipped kitchen with a range of wall and base units
• Spacious and comfortable living room, ideal for relaxing or socialising
• Seven well-proportioned double bedrooms
• Six bathrooms, including five en-suites and one shared, all with contemporary three-piece suites

Additional Information:
• Tenure: Freehold
• Fully double glazed throughout
• Gas central heating
• EPC Rating: D
• Council Tax Band: E
• Private garden to the rear

Investment Highlights:
• Currently generating a gross annual income of £55,500
• Landlord covers utility bills, including council tax, at an estimated annual cost of £11,388
• Potential to convert to a student HMO model, allowing tenants to pay their own bills

Room-by-Room Breakdown:
• Room 1 (En-suite): £700 pcm
• Room 2 (En-suite): £700 pcm
• Room 3 (En-suite): £700 pcm
• Room 4: £575 pcm
• Room 5: £550 pcm
• Room 6 (En-suite): £700 pcm
• Room 7 (En-suite): £700 pcm

This is a rare opportunity to acquire a high-yielding, well-run HMO in excellent condition with future flexibility to switch to student accommodation, further enhancing its profitability.

Viewing is highly recommended to fully appreciate the size and potential of this property.

Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably. Therefore, any new applicants to purchase are subject to vetting to ensure they meet strict criteria.

Exclusivity Fee:
You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe. The exclusivity fee is returned to you upon successful completion of the property. A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe. Paying this fee ensures that the seller takes their property off the market and reserves it exclusively for you, therefore eliminating the risk of gazumping and aborted costs.

Disclaimer

The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc. Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s). No assumption should be made with regard to parts of the property that have not been photographed. Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries. Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact. Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.

Bedroom (4.88m x 2.5m)

Bathroom (1.22m x 2.34m)

Bedroom (2.74m x 3.38m)

Hallway (3.05m x 2.44m)

Hallway (4.88m x 2.08m)

Bedroom (3.66m x 3.58m)

Kitchen (3.96m x 3.58m)

Living Room (3.05m x 4.72m)

Bathroom (1.83m x 1.4m)

Bathroom (1.22m x 2.06m)

Utility Room (0.91m x 1.47m)

Bedroom (3.66m x 2.54m)

Landing (0.91m x 1.9m)

Bathroom (1.83m x 2.06m)

Landing (2.74m x 1.22m)

Bedroom (3.05m x 2.44m)

Bedroom (3.96m x 3.58m)

Bathroom (1.22m x 2.36m)

Bedroom (2.74m x 3.6m)

Bedroom (1.22m x 2.29m)