4-bedroom terraced house · EX4 7AX
For saleListed 57 days
Opportunity summary
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About
Description A very well presented four bedroom established student HMO with a current tenancy agreement in place for the 2026/2027 academic year with a rent of £3,056, inclusive of bills.
The property benefits from gas fired central heating, upvc double glazed replacement windows, a separate communal room and an enclosed rear garden.
It 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 Vestibule: Dado rail, quarry tiled flooring, ceiling architrave, part glazed door to Hallway: Radiator, feature arch, stairs rising to first floor with recess below.
Bedroom One: 3.99m (13'1") x 3.56m (11'8") into bay and alcove. Radiator, ceiling architrave, window blinds, aspect to the front. Living Room: 3.38m (11'1") x 2.82m (9'3") into alcove.
Radiator, single glazed door to conservatory, fire door to Kitchen: 3.96m (13'0") x 2.69m (8'10") Radiator, stainless steel single drainer sink unit with hot and cold mixer tap set in work surfaces with cupboards, drawers, appliance spaces below, plumbing for washing machine and dishwasher, appliance space for electric cooker, cooker hood, wall mounted cupboard units with under lighting, breakfast bar, appliance space for fridge/freezer, wall mounted boiler supplying domestic hot water and central heating, upvc double glazed door to conservatory.
Conservatory: 2.36m (7'9") x 1.52m (5'0") Quarry tiled flooring, appliance space for tumble dryer and vent, upvc double glazed door to rear garden.
First Floor Landing: Access to roof space, built in cupboard over stairs with shelving and overhead storage cupboard. Bedroom Two: 4.60m (15'1") x 4.04m (13'3") inro bay and alcove.
Radiator, coved ceilings, window blinds, dual aspect to front and side. Bedroom Three: 3.38m (11'1") x 2.77m (9'1") into alcove.
Radiator, built in cupboard with shelving and overhead storage cupboard, aspect to the rear. Bedroom Four: 3.15m (10'4") x 2.74m (9'0") into door recess.
Radiator, access to small roof space, aspect to the rear.
Shower Room: 1.63m (5'4") x 1.57m (5'2") Heated towel rails, shower tray with wall mounted mains mixer shower and screen door, wash hand basin with hot and cold mixer tap and cupboard below, close coupled w/c, wall mounted medical cabinet, extractor fan.
Outside Front: Raised enclosed frontage.
Rear Garden: Wall enclosed garden laid out to concrete and paved patio over two levels with flowerbed borders stocked with shrubs, garden storage shed, pedestrian access to the side.
Agents Notes: Council Tax: Exeter City Council – Band C (Currently N Rated) EPC D (65) For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
The agent has not had sight of the tenancy agreement and has therefore been unable to verify the rental income.
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 Monkswell Road, Exeter
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