Lower North Street, Exeter
£375,000 (Tenant Fees)

A compelling investment opportunity in the heart of Exeter City Centre. This six-bedroom student HMO is already tenanted for the 2025/26 academic year, providing immediate and secure rental income for prospective buyers. With spacious accommodation and a sought after location, the period character property represents a great value investment.

THE PROPERTY

The ground floor features a generous open-plan living and dining area, perfect for communal living, with a modern kitchen located at the rear. On the first floor, there are three double bedrooms accompanied by two bathrooms. The second floor houses three additional bedrooms and a third bathroom, ensuring ample facilities for all occupants. A large basement adds further value, offering extensive storage space along with a WC.

THE LOCATION

Situated within easy reach of Exeter’s university campuses, city centre attractions, Lower North Street is ideally positioned for student life. The area benefits from a lively atmosphere, with shops, cafes, and entertainment venues all nearby, making it a consistently popular choice for tenants and a smart pick for investors seeking long-term returns.

PROPERTY INFORMATION
Tenure - Freehold
Local Authority - Exeter city council
Council Tax - tax band A
Services - Mains gas, water electricity and drainage
Heating - Gas central heating
Parking - On street (residents permit)
Flooding- This is deemed to be Very Low for Rivers and Seas, Low for Surface water
Internet- We understand that standard, super and ultrafast broadband can be found in this locality providing a download speed up to 1800Mbps
Mobile Phone Signal- Several networks are currently displayed as available at the property with strong signal

AGENT'S NOTES

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers once any sale is agreed, and check proof of funding. We use the services of a third party, Thirdfort, an FCA registered company, We will require the full name, mobile phone number and current address of all buyers. There is a nominal charge of £20 including VAT for this, (per person), payable direct to Robert Williams Estate Agents. Details will be provided upon request. Please note, we are unable to issue a memorandum of sale until all the required mandatory checks are complete.
It is a mandatory requirement for a Sales or Lettings Agent to be part of a redress scheme, we have membership with The Property Ombudsman (a government approved redress scheme). It is a mandatory requirement for a Lettings Agent to be part of a Client Money Protection scheme, we have membership with Propertymark (a government approved client money protection provider).