31 bed house for sale in Student Investment Portfolio, Exeter, EX4 (ref: 102801001011)

A rare, unique and exciting opportunity within the Cathedral City of Exeter to acquire thirty one bedrooms set in five properties all of which are excellently situated for the University of Exeter's main Streatham Campus. These properties are within PRIME locations such as Victoria Rd, Springfield Rd and Pennsylvania Rd respectively. This portfolio has been tried and tested for well over a DECADE and is fully pre-let for the 2022/23 academic year at £173.00 per person/per week exclusive of bills. Potential to create further rooms within the portfolio subject to the necessary permissions.

The University of Exeter student numbers have grown substantially over the last 5 years increasing by approximately 24% since 2016 with the numbers at approximately 27,296 for the 2020/21 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 24% growth since 2016 - 2021.*

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.

DIRECTIONS For further detailed information please contact Brett Hampton who has a wealth of experience within the Student Investment sector marketplaces and the High End Residential market within our Exeter City Office.

SITUATION The portfolio lies within Pennsylvania Road, Springfield Road, Victoria Street, Mowbray Avenue and a further location all of which are set in the prime of the prime student accommodation areas within the Cathedral City of Exeter.

Situated in the vicinity of the University of Exeter's main Streatham Campus, the City of Exeter's High Street & Cathedral all being within a short distance of within 1.5 miles.

AGENTS NOTES A highly desirable student investment portfolio that has been tried, tested for well over a decade and continues to produce good revenue with further potential to increase the current revenue.

These five properties have been exceptionally well maintained to a very high standard over the years and have been continuously looked after throughout their history, an ideal investment portfolio for someone / company to continue to achieve exceptional levels of income with these five student investments.

In our opinion there is further opportunity to grow this portfolio in relation to income currently being achieved by uplifting the current rent and also with the prospect of developing two of these properties further to increase the number of bedrooms within this portfolio.

NB This Portfolio is for five properties and will not be split. You may be asked to provide evidence of ability to purchase before being able to book a viewing on this portfolio.