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See how verdicts workHouse · EX4 6JQ
Listing removedListed 432 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The portfolio comprises 6 freehold houses providing 41 let-able rooms clustered in a strong student letting location.
The subject properties are: -18 Victoria Street, EX4 6JQ (8 beds) -19 Victoria Street EX4 6JQ (6 beds) -23 Pennsylvania Road EX4 6JL (6 beds) -32 Springfield Road EX4 6JL (7 beds) -44 Springfield Road EX4 6JL (7 beds) -46 Springfield Road EX4 6JL 7 beds) The properties are presented to a good standard, with the current property owners implementing a comprehensive maintenance and refurbishment programme.
Bedrooms are all of a good size and equipped with a sink.
The properties are fully let for the 2025/26 academic year on 48- week tenancies at an average rent per room of £189 exclusive of utilities per week.
The total rent per annum currently stands at £372,960. For further information please see the attached brochure and contact us for access to the data pack.
The portfolio is clustered in the strongest student letting location in the city.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 HMO Portfolio Exeter, Exeter
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