Call 01392 860 783

enquiries@mckinleywhite.com

Call 01392 860 783 | enquiries@mckinleywhite.com

Call 01392 860 783

Magdalen Street

£450,000
For Sale
This is a great opportunity to purchase a quality multi-let duplex apartment, which enjoys a particularly convenient City centre position. This 6 bedroom licenced HMO was subject to complete renovation in 2019 and offers spacious and very comfortable accommodation. The rooms are all doubles and all have 32” televisions. Some feature period cast iron fireplaces and three have an en suite shower room. The shared kitchen/diner has a fitted kitchen with integrated oven and hob, fridge, freezer and a dishwasher. Outside, to the rear is a shared courtyard with bicycle rack. The property is let to working sharers on individual tenancy agreements and will produce £41,220 in gross rent a year if full occupancy is maintained. This represents a gross return approaching 9% based on the asking price.

The property sits in an enviable location in the very heart of the Cathedral City of Exeter. It backs on to the Southernhay business district, an area which has seen several ‘high end’ residential developments in recent years. The Cathedral itself is nearby, as is Exeter’s High Street for shopping, banking etc. and the renowned Princesshay Shopping Centre. The Exeter Combined Court, central railway station and main bus station are also within easy walking distance.

Call: 01392 860 783


  • 6 Bedrooms
  • 4 Bathrooms
  • 1 Receptions

Call our team on 01392 860 783

McKinley White
14b Sylvan Road
Exeter
EX4 6EW

Tel: 01392 860 783
Email: enquiries@mckinleywhite.com

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