4 bed house for sale in Rosebery Road, Exeter, EX4 (ref: 102879000484)

Shortlist

Key Features

Student Investment Property
Set within Article 4 Direction
Four Bedrooms
Lounge
Certificate of Lawfulness
Pre-Let for 2022/23 Academic Year
EPC Rating D
Freehold
Council Tax Band B (Currently Exempt)

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 Rosebery Road is situated within 1.8 miles of the University of Exeter's main Streatham Campus and just approximately a mile from the City Centre. There are convenience stores close-by and Henry's Bar is within a short walking distance, for more comprehensive shopping facilities Sidwell Street is less than a mile away.

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 A fantastic location for a student property, short distance away from the University of Exeter's main Streatham Campus and also located with excellent access to the City Centre. Set amongst numerous student homes within this area therefore a great asset to have for the longevity of the prime student market!

In our opinion a conservative rent of £150 a week per room is easily achievable within this location, with a few tweaks pushing £160 a week would be achievable.

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

Stamp Duty Due

Based on a sale price of £450,000 the total amount of stamp duty payable will be:

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.

What is Stamp Duty and how is it calculated?

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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