12 bed flat for sale Church Road, Alphington, Exeter
Added on 01/09/2026
About this property
A rare and compelling investment opportunity in Alphington, Exeter, this fully refurbished and licensed HMO offers exceptional long term potential. Configured to deliver strong rental returns from day one, it offer investors an immediate return with further development potential from a large barn and sizeable plot.
THE PROPERTY
Fairfax House has been newly and comprehensively refurbished throughout and comprises 12 letting units; 4 self contained flats/studios and 8 spacious rooms with kitchenettes and shared bathroom facilities. Recent works include a new EICR, Grade A fire system, completed FRA actions, keyless entry and a new roof, ensuring full compliance and immediate operational readiness.
- Property type
- apartment
- Bedrooms
- 12
- Bathrooms
- 6
- Tenure
- freehold
- Council tax band
- F
Key features
- Superb investment opportunity
- 12 unit HMO
- 4 self contained flats/studios
- 8 rooms with shared bathrooms
- Newly refurbished
- £10k per month rent
- 12% yield
- Further development opportunity
Location
Church Road, Alphington, Exeter
Area insights
The neighbourhood around this property.

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