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See how verdicts work6-bedroom house · EX4 6AZ
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Licensed 6-bedroom HMO on Leighton Terrace, Exeter, just a stone's throw from the city centre and within easy walking distance of the University of Exeter's Streatham Campus.
A prime student investment offering spacious accommodation, strong rental demand and excellent long-term income potential.
Summary An excellent opportunity to acquire a fully licensed six-bedroom HMO in one of Exeter's most sought-after student locations.
Owned by the same vendor for over 25 years, the property has consistently delivered strong rental yields and benefits from a well-established rental history.
Positioned to enjoy views across the city from, the property retains a number of attractive original features, adding character and appeal.
As a fully licensed HMO in a prime student area, it represents a proven investment opportunity with reliable, year-on-year demand from the student rental market.
Key Features: Location: Situated on Leighton Terrace, the property is just a stone's throw from Exeter city centre and within easy walking distance of the University of Exeter's Streatham Campus, making it highly attractive to student tenants.
The campus is around a 15-minute walk away, while the city centre can be reached in approximately 5 minutes on foot.
Living Space: Spacious communal living areas, a newly fitted kitchen, and two bathrooms. Bedrooms: The property comprises six well-proportioned bedrooms, neatly kept and decorated.
Outdoor area: Low maintenance paved courtyard garden, with gated access and bike store. Parking: Permit resident parking on road available. Property Tenure: Freehold Council Tax Band: D EPC: C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
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FAQ
About 8, Leighton Terrace, Exeter
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