18 Southernhay West
Exeter
Devon
EX1 1PJ
Pinhoe Road, Mount Pleasant, Exeter
Guide Price £550,000
6 Bedroom House Of Multiple Occupancy
- 6 Bedroom Student HMO
- Viewing Highly Recommended
- Let for the current 2025/2026 Academic Year on an 11 Month Tenancy Generating a Gross Income of £41,613 and Providing a Gross Rental Yield of 7.5%
- Gas Central Heating & Double Glazing
- Excellent Location for access to City Centre, Streatham & St Lukes University Campus
- Spacious Living Room
- Modern Kitchen/Dining Room
- 2 Shower Rooms and Ground Floor WC
- Courtyard Garden
- Let from 1 September 2026 for £45,738
A substantial six-bedroom HMO investment opportunity for sale in Mount Pleasant, let for the current and the next academic year. The property is generating an income of £41,613 for the current academic year up to the end of July 2026. From 1st September 2026, the property is let at £45,738, exclusive of bills.
This well-presented property is situated in the highly convenient location of Mount Pleasant. The property is within walking distance of the City Centre, St Luke's and Streatham University Campuses, and the Royal Devon and Exeter Hospital.
Arranged over three floors, the accommodation comprises an attractive entrance porch with feature stained glass windows and decorative tiled flooring, hallway, communal living room, modern open plan kitchen/dining room with utility recess and ground floor cloakroom. There is one double bedroom on the ground floor, three bedrooms on the first floor and a further two bedrooms on the second floor. There are two shower rooms on the first floor.
Outside is an enclosed and low-maintenance rear garden which is laid with decorative stone chippings. There are two garden sheds, one of which provides access to a rear access pathway - ideal for bike access.
Early internal viewing is recommended for this excellent investment opportunity. A 360 Virtual Viewing is also available to view online.
AGENTS NOTE
The property is generating an income of £41,613 for the current academic year up to the end of July 2026. From 1st September 2026, the property is let at £45,738, exclusive of bills. The property is currently providing a gross rental yield of 7.5% for the current academic year. The gross rental yield for 2026/27 is projected to be 8.3%.
REFERRAL FEE DISCLOSURE
We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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