4-bedroom flat · EX4 6BH
No longer listedListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Student property 2027/2028 £214 per week per person, Excluding Bills Rent advertised is per person 4 bedroom 2nd floor flat in the popular area of Pennsylvania Road, The property benefits from a large open plan kitchen & lounge, four double bedrooms and a bathroom.
Student property 2027/2028 £214 per week per person, Excluding Bills Rent advertised is per person 4 bedroom 2nd floor flat in the popular area of Pennsylvania Road, 10 minute walk to both Streatham Campus and the city centre.
The property benefits from a large open plan kitchen & lounge, four double bedrooms and a bathroom. The tenancy will commence on 22/06/2027.
Council Tax Band: B (full time students are exempt) EPC: C This property is fully managed by The Landlord.
To apply for this property: Holding Deposit: £214 each Damage Deposit: £700 each To apply for this property please contact Star Student Lettings to arrange the application along with your holding deposit of one week's rent.
This will secure the property for you subject to satisfactory guarantor and the Landlord's consent.
Signing of the guarantor documents, signing of the tenancy agreement, completing the Right to Rent checks and payment of the damage deposit (equivalent to 5 weeks rent, unless specified) will be due within 15 days of paying the Holding Deposit.
False or misleading information, failure to take all reasonable steps to enter into the tenancy agreement (including signing of the guarantor documents) or supplying Right to Rent documents could lead to the loss of your holding deposit and the property being reoffered for rent.
Right to Rent Checks Photo id eg Student id Card, Passport; Driving license (photo card and paper counterpart required) when applying for the property.
If you are not from the EU we will require Passport plus additional supporting evidence as part of the new Right to Rent legislation.
Please take note of section 5.1 to 6.0 of the Right to Rent link below for further information as to why we now need proof of your right to rent:
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 Flat 3, 16, Pennsylvania Road, Exeter, Devon
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