Exeter, Devon
WI

Exeter, Devon

By Wilkinson Grant & Co Land & Investment

£ 2,900,000

Reviews

3 out of 5 stars

Wilkinson Grant & Co Land & Investment says ..

STUDENT INVESTMENT BLOCK GROSS YIELD of 11.74%. Unique opportunity to acquire a fully operational, modern, STUDENT ACCOMMODATION BLOCK in the popular student city of Exeter, FULLY LET for the 24/25 academic year, with a total rent of £340,456

Property Oracle says ..

This property in Exeter, Devon, is a fully operational student accommodation block listed for £2,900,000. The listing highlights its prime location in Exeter, near St James Park train station and several schools. The photos reveal a modern, well-maintained building with a clean and contemporary interior. Communal areas include a common room and a courtyard, and each unit has its own kitchenette and bathroom. The investment potential is emphasized, given the property’s current occupancy and projected annual rental income. The property appears to be aimed at investors due to its fully operational student accommodation and substantial rental income. While the location is convenient for students and the condition seems excellent, the lack of individual unit details and private land, and the overall size, makes it impossible to give a precise value assessment. A more detailed financial breakdown and potentially a per-unit price would be needed for a complete evaluation. The lack of garden space should also be noted for potential buyers.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
2
Bedrooms
0
Bathrooms
0
Sqft (est)
10,763.91

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
521,250.00 £
Increased by 29.23 %
from 403,360.00 £
Est sale value
6,522,929.46 £
Increased by 68.33 %
from 3,875,007.60 £
Average area rental value
1,512.00 £/mo
Increased by 50.45 %
from 1,005.00 £/mo
Est letting value
10,763.91 £/mo
from 0.00 £/mo
Est rental Yield
3.48 %
Increased by 16.39 %
from 2.99 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Wilkinson Grant & Co Land & Investment created the listing.

Nearby Schools

NameTypeOfstedDistance
St Sidwell'S Church Of England Primary School And NurseryVoluntary Aided SchoolGood0.33 KM
Newtown Primary SchoolCommunity SchoolRequires improvement0.37 KM
Exeter Central (Flying Start Children'S Centre)Children's Centre0.54 KM
The Maynard SchoolOther Independent School0.56 KM
Exeter Mathematics SchoolFree Schools 16 To 19Outstanding0.94 KM

Images

Front Elevation Entrance Hall Lounge Bathroom Outside Patio Studio Kitchen Gym

Nearby Streets

NameAverage PriceAverage SqftDistance
Townsend Court £ 000.00 KM
St James' Close £ 275,00000.00 KM
Belgrave Road £ 000.00 KM
Eaton Drive £ 000.00 KM
St James' Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
St James Park (Exeter)5751SJP0.38 KM
Exeter Central5755EXC1.31 KM
Polsloe Bridge3422POL2.19 KM
Exeter St Thomas3414EXT2.25 KM
Exeter St David'S3410EXD2.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Exeter, Devon £ 2,900,000BUY6 / 100.00 KM
Verney Street, Exeter £ 140,000BUY5 / 100.02 KM
Verney Street, Exeter, EX1 £ 150,000BUY6 / 100.02 KM
Acland House, Exeter £ 140,000BUY6 / 100.06 KM
17 Acland House, Verney St £ 137,500BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
121b Sidwell Street £ 124,0000.08 KM
118d Sidwell Street £ 119,0000.08 KM
116d Sidwell Street £ 141,0000.08 KM
120c Sidwell Street £ 115,0000.08 KM
121d Sidwell Street £ 96,5000.08 KM