1-bedroom flat · EX4 4BW
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Opportunity summary
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About
A modern development comprising 33 self-contained en-suite studio rooms, ideally located in the popular St Davids area of Exeter, available for students from September 2027.
Each studio is thoughtfully designed to provide comfortable, independent living and includes a private kitchenette, double bed, desk and work area, storage cupboards, and a private en-suite shower room with washbasin and WC.
For added convenience, all utility bills and broadband are included in the rent, making budgeting simple and straightforward for students.
Additional facilities include a secure bicycle storage area, on-site laundry facilities, and secure parking available for an additional charge.
Please enquire at the time of application for further details regarding parking availability and costs.
With its convenient location and practical facilities, this accommodation is an excellent choice for students seeking comfortable, self-contained living in Exeter for the 2027/2028 academic year.
Location The property is located on Looe road off Bonhay road to the west of Exeter city centre adjacent to the River Exe.The apartments are well located for the University and for public transport, with the University campus approximately 0.96 km (0.6 miles) north east of the property and the main railway station Exeter St David’s only 0.32 km (0.2 miles) north, which provides direct trains to London and Bristol.
In addition Exeter Central railway station and the City centre High street are approximately 0.64 km (0.4 miles) to the east.
Description The site is broadly rectangular in shape and extends to 0.19 ha (0.47 acres).
The block of student apartments were built in 2011 and occupy the western part of the site, with car parking to the south accessed by a gate directly of Looe road, with trees and open space occupying the remaining space.
In total there are 33 studio apartments all with en-suite showers and kitchen area.
The apartments are situated across four floors, and accessed via two separate staircases, with 10 x apartments on the ground and first floors, 9 x apartments on the second floor and 4 x apartments on the third floor.
The apartments vary in size from 18 sq m (194 sq ft) to 29 sq m (312 sq ft) with a full unit schedule detailed below Furniture Pack Each apartment comes equipped with a 4 ft or 4 ft 6 bed, sofa, table, 2 x chairs, desk, wardrobe and chest of drawers as well as tv and internet points.
There is also a kitchen area which has a sink, fridge freezer, microwave oven, double hob, kettle, toaster and storage cupboards.
Holding Deposit If you are interested in this property, it can be reserved by paying a holding deposit.
If you pay a holding deposit, then a tenancy agreement must be entered into within 15 days, subject to both your and the landlord’s right to decide not to go ahead with the tenancy.
The holding deposit will be equal to 1 week’s rent and will be credited against the first month’s rent if a tenancy agreement is signed.
The holding deposit will be non-refundable in the following circumstances: (1) if you cannot prove your Right to Rent; (2) if you provide false or misleading information; (3) if you decide not to proceed with the tenancy; or (4) if you do not take all reasonable steps to enter into the tenancy.
Please contact a member of staff for complete information about treatment of the holding deposit.
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.
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Area
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FAQ
About Looe Road, Exeter
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