6-bedroom terraced house · EX2 4TF
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
STUDENT LET 2027/2028 Located on Magdalen Road in the popular St Leonards area of Exeter, close to the University of Exeter's St Luke's Campus, this well-presented and fully furnished property offers spacious and versatile accommodation arranged over three floors.
The ground floor comprises an entrance hall leading to a smart kitchen/dining room and a separate utility room.
There is a comfortable lounge with patio doors opening onto a low-maintenance rear garden, complete with a garden shed.
A double bedroom positioned at the front of the property and a stylish shower room complete the ground floor.
On the first floor, there are three further double bedrooms, an additional shower room and a separate WC.
The second floor offers two more double bedrooms, providing a total of six double bedrooms throughout the property. Additional benefits include gas central heating and on-road permit parking.
The property's convenient location makes it an ideal choice for those seeking spacious accommodation within easy reach of the St Luke's Campus and Exeter city centre.
A top quality student home - don't miss out! Location: Magdalen Road Rent: £193 per person per week (excluding bills) / £836pppm Bedrooms: 6 doubles Bathrooms: 2 bathrooms & separate w.c.
Available From: 3rd August 2027 Deposit: 5 weeks Holding Deposit: 1 week Council Tax: All tenants must be full-time students and able to provide evidence of their student status.
Where all tenants meet these requirements, the property will be exempt from Council Tax.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Magdalen Road, Exeter
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