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 %
- Est sale value
- 6,522,929.46 £Increased by 68.33 %
- Average area rental value
- 1,512.00 £/moIncreased by 50.45 %
- Est letting value
- 10,763.91 £/mo
- Est rental Yield
- 3.48 %Increased by 16.39 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Wilkinson Grant & Co Land & Investment created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Sidwell'S Church Of England Primary School And Nursery | Voluntary Aided School | Good | 0.33 KM |
| Newtown Primary School | Community School | Requires improvement | 0.37 KM |
| Exeter Central (Flying Start Children'S Centre) | Children's Centre | 0.54 KM | |
| The Maynard School | Other Independent School | 0.56 KM | |
| Exeter Mathematics School | Free Schools 16 To 19 | Outstanding | 0.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Townsend Court | £ 0 | 0 | 0.00 KM |
| St James' Close | £ 275,000 | 0 | 0.00 KM |
| Belgrave Road | £ 0 | 0 | 0.00 KM |
| Eaton Drive | £ 0 | 0 | 0.00 KM |
| St James' Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| St James Park (Exeter) | 5751 | SJP | 0.38 KM |
| Exeter Central | 5755 | EXC | 1.31 KM |
| Polsloe Bridge | 3422 | POL | 2.19 KM |
| Exeter St Thomas | 3414 | EXT | 2.25 KM |
| Exeter St David'S | 3410 | EXD | 2.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Exeter, Devon | £ 2,900,000 | BUY | 6 / 10 | 0.00 KM |
| Verney Street, Exeter | £ 140,000 | BUY | 5 / 10 | 0.02 KM |
| Verney Street, Exeter, EX1 | £ 150,000 | BUY | 6 / 10 | 0.02 KM |
| Acland House, Exeter | £ 140,000 | BUY | 6 / 10 | 0.06 KM |
| 17 Acland House, Verney St | £ 137,500 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 121b Sidwell Street | £ 124,000 | 0.08 KM |
| 118d Sidwell Street | £ 119,000 | 0.08 KM |
| 116d Sidwell Street | £ 141,000 | 0.08 KM |
| 120c Sidwell Street | £ 115,000 | 0.08 KM |
| 121d Sidwell Street | £ 96,500 | 0.08 KM |