5-bedroom semi-detached house · EX2 4TP
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3072016.
Student property 2027-2028 This fantastic 5 bedroom student townhouse is located in St Leonards, a sought after location in close proximity to the rd&E and St Lukes campus, as well as a local supermarket and convenience store.
In walking distance to Exeter city centre and the Heavitree Road shops, with good bus links around the city. The spacious modern townhouse is fully furnished throughout.
The top floor has 3 double bedrooms, 2 with ensuite, as well as a shared bathroom. The middle floor hosts 1 further bedroom and a large lounge.
On the ground floor, there is an additional bedroom, a WC, a cloakroom and a large fully fitted kitchen/ dining room with direct access out on to the patio and large garden.
There is also permit parking available. £155 per week per person. Super fast fibre broadband also included.
Summary & Exclusions: - Rent Amount: £3,358.33 per month (£775.00 per week) - Deposit / Bond: £3,358.33 - 5 Bedrooms - 4 Bathrooms - Property comes furnished - Available to move in from 01 August 2027 - Maximum number of tenants is 5 - Students only.
- No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: C If calling, please quote reference: 3072016 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
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When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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
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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
Agent & docs
FAQ
About Fleming Way, St Leonards, St Leonard's Exeter
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