8-bedroom house · EX4 4BW
No longer listedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property description: Two stylish 4 bedrooms next door to each other provide a unique opportunity to be rented by a group of 8 student sharers.
Very close to St Davids mainline train satation and around 15 minute walk to University and/or City Centre.
Combined they provide 8 good sized bedrooms, all with double beds and which have TV points and comfortable pocket sprung mattresses.
Combined ther are 4 modern shower rooms with wash hand basin and WC's.
Two very attractive and well equipped kitchens each with an oven, hob, built in microwave, washing machine, tumble dryer, dishwasher and boiler.
A choice of spacious Lounge/Diners both with wall mounted plasma TV, dining table and chairs plus sofas. Rear low maintenance gardens with patio tables and chairs.
Gas Central Heating and Double Glazed. EPC C (72 & 74) Each property is able to apply and purchase 2 parking permits - 4 in total - from Devon County Council .
£167 per person per week/£724 per person per month - (no bills included) Deposit of £600 per person to be paid (The Holding deposit of £100 per person will be transferred to the deposit account leaving a balance of £500 to pay.) If required we can help you set up an All-Inclusive Bills package.
We can also provide an alternative service if you do not have a UK based guarantor.
APPLY ONLINE TODAY OR BOOK AN APPOINTMENT USING THE STUDENT@CARDENS WEBSITE LINK To make your application you lead tenant can make a single application for your entire house group.
The application must include the details of all tenants and their guarantors. This process starts with a single click on the application button.
Once submitted you will be directed to a screen to pay the holding deposit of £100 per person Please note that once you submit your application the property will appear as let agreed on our website but, to secure your property you must complete the payment process which is presented once your application has been submitted.
The holding deposit paid will be set against the full deposit due once your application is accepted.
If you withdraw your application, or provide false information, you will forfeit the holding deposit paid.
If the landlord withdraws the property, or does not accept your application, the holding deposit paid will be refunded.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 & 16 Looe Road, Ideal for 8 Student Sharers, St Davids, Exeter
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