No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£380,000
Added > 14 days

4 bedroom terraced house for sale

Barrack Road, St Leonards, Exeter
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Terraced house
4 bed
1 bath
EPC rating: D*
1,108 sq ft / 103 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Student Investment Property
  • Pre-Let for 2024/25 Academic Year
  • Rental income of £24,772
  • Four Bedrooms
  • Spacious Kitchen/Breakfast Room
  • Separate Communal Living Room
  • Opportunity to Increase the number of Bedrooms
  • Council Tax Band C (Exempt)
  • EPC D
  • Freehold
A tried and tested Student investment property for well over a decade with an opportunity to increase the number of bedrooms subject to the necessary permissions from Exeter City Council. This property is Pre-Let for the upcoming 2024/25 academic year, with student numbers continuously rising (please see below) there is an opportunity to enter into this marketplace or add to your existing portfolio.

The University of Exeter student numbers have grown substantially over the last 5 years increasing by approximately 33% since 2017 with the numbers at approximately 30,012 for the 2021/22 academic year and highly likely to grow even more over the next decade. All the UG, PGT & PGR numbers have grown substantially over the last 5 years with the mean average being the above stated figure at 33% growth since 2017 - 2022.*

Exeter University is ranked within the top 150 prestigious QS World University Rankings 2022 placing it among the very best institutions worldwide, the University is also one of the highly distinguished 24 Russell Group Universities within the United Kingdom.

*This data is taken from the annual 1st December student census and represents the most up to date information about students for the stated academic year. Students which withdraw during the year will not be accounted for in these figures. The data is FTE including INTO, but excluding non-credit bearing students and inbound exchange students such as Erasmus.  

SITUATION Barrack Road is situated within 0.3 miles of the University of Exeter's St Luke's Campus and approximately 2.4 miles away from the Streatham campus, the Royal Devon & Exeter hospital is within 0.5 miles of the property.
Within this location there are the highly acclaimed independent stores of Magdalen Road where you can find a superb range of indulgent stores from the likes of Bon Gout, St Leonard's Bakery, Ben's Farm shop, Gibson's Plaice fishmongers and many more. For supermarket shopping there is a Waitrose and Lidl within close proximity. 

SERVICES All relevant services electricity, gas, water and drainage are all mains. 

DIRECTIONS For further information and to book your viewing then please contact Brett Hampton within our office who has a wealth of experience within the student investment property marketplace, buy to lets and the High End Residential marketplace respectively. 

AGENTS NOTES This is a great opportunity to buy this Student Investment home which has been tried and tested for well over a decade. This property also has an opportunity to increase the number of bedrooms on offer subject to the necessary Exeter City Council permissions, a great opportunity for someone looking to add to their portfolio or a new student landlord looking to invest especially as the students numbers continue to grow.

 

Property information from this agent

Places of interest

    We are a local family run business, have over 30 years’ experience of selling and the management of student investment HMO’S, portfolios, residential HMO’s and buy to lets, there is a wealth of experience and knowledge within our business, that is why we are Exeter’s leading selling agent for these types of property investments and portfolios. There is also a range of acquisition services we also offer to clients who prefer to have a really knowledgeable expert by their side investing within property. In addition to this part of our business we are also able to source various land/development opportunities not only locally but also nationally, therefore if you are a developer or want a self-build opportunity please get in touch and register with us. If you are looking to dispose of a development please also get in touch and we can guide you through the various options you have to sell. Our professionals are experts and have a combined experience of over 50 years working within the industry selling and letting thousands of homes. Senior members are proud members of either the National Association of Estate Agents (NAEA) or the Association of Residential Letting Agents (ARLA)

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    *DISCLAIMER

    Property reference 102879000483. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Star Investment Properties - Exeter.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on March 31, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on September 19, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.