6-bedroom house · EX4 6LW
No longer listedListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Student let 2027/28 185 exclusive of bills 300 deposit per person Tenancy commencing 2nd August Welcome to Elmside, a spacious and fully furnished 6 bedroom student home in one of Exeter?s most popular student areas.
Perfect for a group looking for a sociable, and well-located base for the academic year 27-28.
There are 6 good-sized double bedrooms, all fully furnished with desks, wardrobes, and plenty of storage, plus 2 shower-rooms.
Downstairs, there is a great open plan kitchen/lounge and dining space perfect for socialising, with 2 fridge-freezers, built in oven and hob and washing machine and tumble dryer housed in a small utility room.
There is one shower room on the ground floor and the first bedroom. Upstairs on the first floor you'll find a further 3 double bedrooms along with the second shower room.
On the top floor are the final 2 bedrooms with great views over the City, and the main university campus (if that's a good thing!) The house has gas central heating and double glazing, with an EPC rating C Location - Around 15?20 minutes walk to St Luke?s Campus Around 25?30 minutes walk or a short cycle/bus to the main Streatham Campus On your doorstep you have Henrys Bar, Oh My Kimchi!
The Ridge @ No1 Polsloe, Sunset Society and a couple of options for convenience stores. There are good transport option with both bus and train stops nearby.
Morrisons is the closest large supermarket, with Sainsbury?s Local & Tesco Express a short walk from the house. Email now to express your interest -
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
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