Alphington Road, St Thomas, Exeter, EX2

This substantial end-terraced property presents a unique investment opportunity, as it is currently divided into five individual flats, offering potential for consistent rental income. Each flat features essential living spaces, including a lounge/dining room, kitchen, bedroom, and shower room, but the entire building requires modernization to maximize its appeal and rental value. The property includes communal areas such as a reception hall and lobby, as well as a communal courtyard garden which could be enhanced to improve the overall tenant experience. With its fine views over Exeter and beyond, this property can transform into an attractive investment with the right renovations. The existing flats are partially tenanted, providing immediate cash flow while you consider enhancements or full refurbishments.