A unique opportunity in the Cathedral City of Exeter to acquire twenty two bedrooms set within three properties, excellently situated for the University of Exeter's Streatham & St Luke's Campus respectively. These properties are situated within PRIME locations and have been tried and tested for well over a decade.
Comprising three student properties with 22 BEDROOMS & 6 CAR PARKING SPACES set within the PRIME area for student accommodation. Located within approximately 1 mile away from the University of Exeter's Streatham Campus & the City Centre.. These three investments have been managed, tried and tested for well over a DECADE with income currently producing in excess of £153,000.
SITUATION The portfolio lies in the prime student accommodation area and is situated within the vicinity of the University of Exeter's main Streatham Campus, the City of Exeter's High Street & Cathedral all being approximately 1 mile away.
DIRECTIONS
For further information please contact Brett Hampton who has over two decades of experience within the Investment property marketplace & the High End Residential market respectively within our office.
AGENTSNOTES A highly desirable student investment portfolio that has been tried and tested for well over a decade and continues to produce exceptional income with further potential to increase the income currently on offer which is currently in excess off £153,000 per annum. These three properties have been exceptionally refurbished to a very high standard over the years and have been continuously maintained throughout their history, an ideal investment for someone to continue to achieve exceptional levels of income with these three investments. In our opinion there is further opportunity to grow this portfolio in relation to income currently being achieved and also from the 6 car parking spaces behind two of the investments.
Stamp Duty Due
Based on a sale price of £2,405,000 the total amount of stamp duty payable will be:
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Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.