4-bedroom terraced house · EX4 7AU
For saleListed 76 days
Opportunity summary
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About
Description This is a spacious four bedroom established student HMO with a tenancy agreed for the 2026/2027 academic year generating a rental income of £2,860 per calendar month, exclusive of bills.
The property which benefits from gas fired central heating, upvc double glazed replacement windows, kitchen, separate communal room and an enclosed rear garden, is situated in a good location for both Exeter University’s St Luke’s and Streatham campuses as well as Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING Ground Floor: Upvc double glazed entrance door to Hallway: Radiator, stairs rising to first floor with recess below, built in meter cupboard.
Bedroom One: 4.62m (15'2") x 4.50m (14'9") into bay and alcove.
Radiator, reformate brick fireplace with wood surround and mantel piece, shelving in alcoves, wood effect laminate flooring, aspect to the front. Living Room: 3.43m (11'3") x 2.95m (9'8") into alcove.
Radiator, laminate flooring, built in cupboard and shelving in alcove, upvc double glazed doors to rear gardens.
Kitchen: 4.11m (13'6") x 2.82m (9'3") Radiator, one and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap set in work surfaces with cupboards, appliance spaces below, plumbing for washing machine, tiled splash backs, wall mounted cupboard units, an additional work surface with drawers below, appliance space for electric cooker, breakfast bar, tiled splash backs, cooker hood, appliance space for fridge/freezer, coved ceilings, door to Rear Hall: Work surface with appliance space below, upvc doubled glazed door to rear garden, door to Shower Room: 1.73m (5'8") x 1.50m (4'11") Radiator, shower tray with wall mounted mains mixer shower and screen door, close coupled w/c, pedestal wash basin, wall mounted mirror, fully tiled surround.
First Floor Landing: Built in cupboard housing wall mounted boiler supplying domestic hot water and central heating and slatted shelving, access to roof space.
Bedroom Two: 4.65m (15'3") x 4.50m (14'9") into bay and alcove. Radiator, wash hand basin with tiled splash backs, built in drawers and shelving below, coved ceilings, aspect to the front.
Bedroom Three: 3.40m (11'2") x 2.95m (9'8") Radiator, vanity surface in alcove with drawers below, wash hand basin with wall mounted mirror, hanging rail and shelving in alcove with overhead storage cupboard, aspect to the rear.
Bedroom Four: 2.87m (9'5") x 2.59m (8'6") maximum. Radiator, coved ceilings, aspect to the rear. Outside Front: Enclosed frontage, bin store.
Rear Garden: Enclosed garden laid to stone chipping with a pathway to pedestrian access.
Agents Notes: Council Tax: Exeter City Council – Band C (Currently N Rated) EPC D (59) For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM Of 24 HOURS NOTICE REQUIRED.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Priory Road, Exeter
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