7-bedroom terraced house · EX4 4DW
Listing removedListed 454 days
Opportunity summary
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About
Description This is a very spacious 7 bedroom licenced student investment property with a tenancy agreement in place for the current academic year with a rental income of £165 pppw or £55,055, exclusive of utility bills, over an 11 month period.
A tenancy has been agreed for the 2026/2027 academic year at £175 pppw, exclusive of bills.
The property benefits from gas fired central heating, upvc double glazing, a separate communal living room, study and enclosed rear courtyard garden leading to a utility outbuilding, rear patio and car hardstand.
It is situated in an excellent student location handy for the main University campus of Streatham, St Davids Station and Exeter City Centre.
THE ACCOMMODATION, WITH APPROXIMATE MEASUREMENTS, COMPRISES THE FOLLOWING Ground Floor: Part stain glass entrance door to Vestibule: Part glazed door to Hallway: Radiator, stairs rising to first floor.
Living Room: 5.21m (17'1") x 4.62m (15'2") into bay and alcove. Radiator, fireplace with marble effect hearth, surround and mantel piece.
Picture rail, coved ceilings, central ceiling rose, wall light fittings. Bedroom One: 4.52m (14'10") x 3.86m (12'8") into alcove and recess.
Radiator, cast iron fire grate with a tiled surround and wooden mantel piece, coved ceilings, aspect to the rear. Inner Hallway: Radiator, understairs cupboard.
Kitchen: 3.71m (12'2") x 2.67m (8'9") One and a half bowl stainless steel single drainer sink unit with hot and cold mixer tap, L’shaped work surfaces with cupboards, appliance spaces below, plumbing for dishwasher, tiled splash backs, further work surface and breakfast bar with cupboards, drawers below, appliance space for cooker, gas point, tiled splash backs, wall mounted cupboard units and with shelving and glass fronted cabinet, cooker hood, storage cupboard with pull out shelving, appliance space for fridge/freezer, upvc double glazed door to courtyard.
Bedroom Two: 4.60m (15'1") x 3.68m (12'1") into door recess. Radiator, wall light fittings, upvc double glazed door to rear garden.
Ensuite Shower Room: 2.36m (7'9") x 1.22m (4'0") Shower tray with wall mounted mains mixer shower and screen door, pedestal wash basin with tiles splash backs, low level w/c, extractor fan.
First Floor Landing: Built in cupboard housing hot water tank, stairs rising to second floor with cupboard below.
Bathroom: 2.26m (7'5") x 1.96m (6'5") Radiator, panel bath with wall mounted mains mixer shower, part tiled surround, close coupled w/c, pedestal wash basin with tiled splash backs, wall mounted mirrored medical cabinet, extractor fan.
Separate W/C: Radiator, low level w/c, wash hand basin with tiled splash backs, wall mounted mirror. Bedroom Three: 4.57m (15'0") x 3.68m (12'1") into door recess.
Radiator, two built in cupboards with shelving, built in wardrobe with hanging rail, aspect to the rear with open views.
Ensuite Shower Room: 2.29m (7'6") x 1.24m (4'1") Shower tray with wall mounted electric shower and screen door, pedestal wash basin with tiled splash back Bedroom Four: 4.55m (14'11") x 3.89m (12'9") into alcove.
Radiator, pedestal wash basin with tiled splash backs, covered fireplace with wood surround and mantel piece, picture rail, aspect to the rear.
Bedroom Five: 5.21m (17'1") x 3.89m (12'9") into bay and door recess. Radiator, pedestal wash basin with tiled splash backs, wall mounted strip light/shaver point, aspect to the front.
Study: 2.31m (7'7") x 2.11m (6'11") Radiator, aspect to the front. Second Floor Landing: Wall light fittings.
Shower Room: 2.54m (8'4") x 1.40m (4'7") Radiator, shower tray with wall mounted electric shower and screen door, pedestal wash basin with tiled splash backs, low level w/c, extractor fan.
Bedroom Six: 4.27m (14'0") x 3.51m (11'6") into alcove. Radiator, aspect to the rear with far reaching views. Bedroom Seven: 4.85m (15'11") x 2.97m (9'9") Sloping ceiling.
Radiator, exposed bean, built in cupboards under eaves, Velux window to the front. Outside Front: Steps to front door with flowerbed either side stocked with mature shrubs.
Rear Garden: Enclosed crazy paved courtyard leading to a Utility: 3.78m (12'5") x 1.90m (6'3") with a stainless steel single drainer sink unit set in work surface with cupboard and appliance space below, plumbing for washing machine, wall mounted cupboard units, upvc door to a raised timber decked area, paved patio with flowerbed borders stocked with shrubs, car hardstand for two vehicles.
Agents Notes: Council Tax: Exeter City Council – Band C (Currently N Rated) EPC D (57) For further information regarding this property please contact Andy Wilkinson who has personally inspected this property.
VIEWING BY APPOINTMENT WITH CARDENS RESIDENTIAL SUBJECT TO A MINIMUM Of 24 HOURS NOTICE REQUIRED.
Value & comps
No previous sales on record.
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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