This spacious 5-bedroom terraced house, situated in the desirable Mount Pleasant area of Exeter, presents a noteworthy opportunity for renovation and investment. With ample living space and the potential to enhance its value, this property is an appealing option for those looking to capitalize on the local rental market or seek long-term capital growth.
The house features five generously sized bedrooms, each with inherent charm and a layout that allows for modern updates. The living and dining area offers a versatile space ideal for both relaxation and socializing, creating an inviting atmosphere. The kitchen, while functional, provides opportunities for upgrades that could greatly enhance the overall appeal and efficiency of the home.
The outdoor area consists of a low-maintenance paved garden, perfect for urban dwellers who appreciate minimal upkeep while still enjoying outdoor space. Additionally, there is residential permit parking available right outside, making access convenient.
Located within a 20-25 minute walk to both the University of Exeter's Streatham Campus and the city center, this property is well-positioned to attract professionals and students alike. Local amenities such as shops and transport links are also easily accessible, adding to its rental desirability.
Currently let to professionals at £120 per week per person, this property showcases solid rental yields. The scope for renovation includes possible extensions and even the addition of a sixth bedroom, which could further increase potential rental income. This combination of location, space, and improvement possibilities makes it an attractive proposition for investors seeking to make their mark in Exeter’s real estate market.
