Offers over
£275,000
(£230/sq. ft)
3 bed property for saleMagdalen Road, Exeter EX2
3 beds
1 bath
2 receptions
1,195 sq. ft
EPC Rating: D
Freehold
About this property
Prime Location
Walking Distance to City Centre
Well Developed Local Amenities
Great Transport Links
Investment opportunity
Investment Opportunity – Fully Let 3-Bed HMO
Offers over £275,000
Guide: £300,000
Located in the heart of the vibrant and highly sought-after St Leonards area, this fully tenanted three-bedroom HMO presents an excellent investment opportunity in one of Exeter’s strongest rental locations.
Arranged over two well-proportioned floors, the property offers a light and welcoming living space, a fitted kitchen, and three generously sized bedrooms, making it ideally suited to professional sharers. Period character blends seamlessly with contemporary finishes, ensuring ongoing tenant appeal and low void risk.
Currently let as a fully occupied HMO, the property provides immediate income, making it an attractive, ready-made addition to an investor’s portfolio.
Occupying a prime position on Magdalen Road, the property benefits from a thriving local community and an eclectic mix of independent shops, award-winning cafés, and popular eateries right on the doorstep. Exeter High Street, the Quayside, and rd&E Hospital are all within easy walking distance, while excellent public transport links and commuter routes further enhance its desirability.
This is a rare opportunity to acquire a well-located, income-producing property in one of Exeter’s most characterful and consistently in-demand areas.
EPC Rating: D
Location
Exeter
Kitchen/Diner (4.72m x 4.34m)
Spacious open planned Kitchen Diner
Lounge (3.66m x 2.82m)
Comfortable lounge with wooden flooring and natural walls
Bedroom 1 (4.70m x 3.48m)
Bright and spacious double bedroom with wooden flooring and natural walls
Bedroom 2 (4.70m x 3.48m)
Bright and spacious double bedroom with an original fireplace feature
Bedroom 3 (3.66m x 2.92m)
Comfortable double bedroom complete with original fireplace feature
Bathroom (3.66m x 1.68m)
Modern bathroom finished with contemporary tiling
Offers over £275,000
Guide: £300,000
Located in the heart of the vibrant and highly sought-after St Leonards area, this fully tenanted three-bedroom HMO presents an excellent investment opportunity in one of Exeter’s strongest rental locations.
Arranged over two well-proportioned floors, the property offers a light and welcoming living space, a fitted kitchen, and three generously sized bedrooms, making it ideally suited to professional sharers. Period character blends seamlessly with contemporary finishes, ensuring ongoing tenant appeal and low void risk.
Currently let as a fully occupied HMO, the property provides immediate income, making it an attractive, ready-made addition to an investor’s portfolio.
Occupying a prime position on Magdalen Road, the property benefits from a thriving local community and an eclectic mix of independent shops, award-winning cafés, and popular eateries right on the doorstep. Exeter High Street, the Quayside, and rd&E Hospital are all within easy walking distance, while excellent public transport links and commuter routes further enhance its desirability.
This is a rare opportunity to acquire a well-located, income-producing property in one of Exeter’s most characterful and consistently in-demand areas.
EPC Rating: D
Location
Exeter
Kitchen/Diner (4.72m x 4.34m)
Spacious open planned Kitchen Diner
Lounge (3.66m x 2.82m)
Comfortable lounge with wooden flooring and natural walls
Bedroom 1 (4.70m x 3.48m)
Bright and spacious double bedroom with wooden flooring and natural walls
Bedroom 2 (4.70m x 3.48m)
Bright and spacious double bedroom with an original fireplace feature
Bedroom 3 (3.66m x 2.92m)
Comfortable double bedroom complete with original fireplace feature
Bathroom (3.66m x 1.68m)
Modern bathroom finished with contemporary tiling
Mortgage calculator
Monthly repayment
£1,375 per month
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