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£995,000
Guide Price

12 bed flat for sale Church Road, Alphington, Exeter

12 beds 6 baths apartment
freehold

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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