6 Bed Flat, Exeter, EX2 4HY £530,000

Magdalen Street, Exeter, EX2 4HY - 3 months ago
Leasehold
~186

























Property History

Listed for £530,000

October 15, 2025

Floor Plans

Description

  • Smart and spacious 6 bedroom shared apartment +
  • All double bedrooms, three with ensuite shower rooms +
  • Brilliant location minutes from the City Centre +

EXCELLENT INVESTMENT OPPORTUNITY! - Now available for sale is this unique, light and airy 6 bedroom HMO situated in an excellent location at the bottom of Southernhay, and five minutes walk from the High Street

The first and second floor apartment comprises 6 double bedrooms, 3 of which having their own private ensuite bathroom, while the remain three rooms share a modern spacious shower room. On the second floor there is a generous communal room with fitted kitchen, breakfast bar and comfortable sitting area. The property is currently rented to working professionals on individual tenancy agreements at a combined expected rent of £3745 per calendar month (inclusive of bills). This offers a competitive return of around 8.5% gross yield, with the potential for this to increased. NB Flat 4 is also for sale and can be negotiated into any potential purchase, contact us for details.

Tenure: Leasehold (993 years left) plus share of freehold - please enquire for details
EPC Rating: E
Council Tax: Exeter City Council - Band C

EPC Rating: D

Agent Details

Hellier Ridley, Exeter

01392 321546

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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