5 bed terraced house for sale

Mount Pleasant Road, Exeter EX4

Established Five-Bedroom Student HMO | Proven Investment Opportunity
An excellent opportunity to acquire a fully licensed five-bedroom student HMO in one of Exeter's most established and consistently sought-after student rental locations. Successfully operated as a student let for more than ten years, the property has a strong track record of occupancy and is already secured with students for the 2026/27 academic year, providing continuity for the incoming owner.
The property is ideally situated within walking distance of Exeter's Streatham Campus and benefits from strong and enduring student demand. Local amenities, public transport links and Exeter city center are all easily accessible, making this an attractive location for student tenants.
The accommodation comprises five well-proportioned double letting rooms, a separate communal lounge, modern fitted kitchen, conservatory and bathroom facilities arranged over two floors. The property provides comfortable and practical accommodation designed around the needs of student occupants.
The conservatory offers additional practical space for airers and clothes lines, while the low-maintenance rear courtyard garden and front garden provide useful outdoor areas requiring minimal upkeep. A garage provides additional storage space suitable for bicycles and tenant belongings.
The property is offered fully furnished. Mains-connected fire alarms and fire extinguishers are installed in accordance with current regulations, providing reassurance for investors seeking a compliant and well-maintained student accommodation asset.
Representing a rare opportunity to acquire an established Exeter student HMO with a long history of successful occupancy, this property combines a proven letting history, strong location, regulatory compliance and straightforward ongoing management. It will appeal to investors seeking a quality addition to an existing portfolio or an established first investment within the student accommodation sector.

Entrance Hall

Ceiling mounted smoke detector, wall mounted radiator, understair cupboard

Bedroom One (3.95 x 4.36 (12'11" x 14'3"))

UPVC window to front aspect, wall mounted radiator, ceiling mounted smoke detector, feature fireplace.

Bedroom Two (3.7 x 3.3 (12'1" x 10'9"))

Double doors onto Utility Room, wall mounted radiator, feature fireplace.

Lounge (3.46 x 3.22 (11'4" x 10'6"))

Sash window to side aspect, wall mounted radiator, door to understairs cupboard, archway to

Kitchen

Ceiling mounted heat detector, Co2 alarm, uPVC window to rear aspect, matching range of wall and base units, 4 ring electric hob, built in electric oven, stainless steel sink with mixer tap over, space and plumbing for washing machine and dishwasher, space for fridge freezer, uPVC door to rear yard, wall mounted extractor fan.
Agents note: Washing machine, dishwasher and fridge freezer included in the sale.

Landing

Ceiling mounted piv unit, loft hatch x 2, ceiling mounted smoke detector, ceiling mounted piv unit to ensure property remains well ventilated at all times

Bedroom Three (3.5 x 3.18 (11'5" x 10'5"))

UPVC windows to rear aspect, wall mounted radiator, feature fire place

Bathroom

Obscure uPVC window to side aspect, ceiling mounted extractor fan, enclosed shower cubicle, wash hand basin, W.C.

Wc

Obscure uPVC window to side aspect, WC

Bedroom Four (3.74 x 3.28 (12'3" x 10'9"))

UPVC window to rear aspect, wall mounted radiator, feature fire place

Bedroom Five (4.08 x 3.87 (13'4" x 12'8"))

UPVC windows to front aspect, wall mounted radiator, feature fireplace.

Outside

To the rear is a small courtyard and garage, to the front of the property is a small enclosed gravelled garden and shrubs.