5-bedroom house · EX1 2EQ
Let agreedListed 39 days · slow let
Opportunity summary
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About
Fantastic 5 Double-Bedroom Student House – Available August 2027 Looking for a spacious and comfortable student home for the 2027/28 academic year?
This fantastic 5 double-bedroom student house offers generous living accommodation, excellent shared spaces and a convenient central location - making it an ideal home for a group of friends.
The property provides five good-sized double bedrooms, giving everyone their own comfortable private space while still offering plenty of room to socialise together.
At the heart of the property is a welcoming lounge, providing the perfect place to relax after lectures, catch up with housemates or enjoy a movie night.
The separate kitchen/dining room offers a great communal space for cooking, eating and spending time together.
The house also benefits from two shower rooms, helping make busy student mornings much easier when sharing with a group of five.
Outside, you’ll find a private courtyard garden, providing a useful outdoor space to enjoy during the warmer months - perfect for relaxing, socialising or enjoying a break from studying.
Located in a popular central area, the property is ideally placed for students looking for convenient access to local amenities, shops, restaurants and the wider town centre.
-5 spacious double bedrooms -Ideal for a group of 5 students -Comfortable communal lounge -Spacious kitchen/dining room -2 shower rooms -Private courtyard garden -Popular central student location -Excellent communal living space Available from August 2027 Ideal for the 2027/28 academic year Your Ideal Student Home Whether you're relaxing with friends in the lounge, cooking together in the kitchen or enjoying the outdoor courtyard, this property provides the perfect balance of private bedroom space and communal areas.
Early enquiries are highly recommended for August 2027, particularly for student groups looking to secure their accommodation together for the next academic year.
Permitted Payment As well as paying the rent, you may also be required to make the following permitted payments.
Before the tenancy starts (payable to Francis Louis 'the Agent') Holding Deposit: 1 week's rent Deposit: 5 weeks' rent The holding deposit, the equivalent of one weeks rent, will be allocated to the first months rent once satisfactory references have been received.
The holding deposit is non refundable, if a tenant withdraws their application once referencing has commenced or, if misleading information is provided or information is withheld on the application form.
* Referencing charges do not apply to tenants of assured shorthold tenancies, student accommodation, or licences but may apply for other types of tenancy ie company lets and contractual tenancies.
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
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FAQ
About 24, Portland Street, Exeter
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