5 bed house for sale in Victoria Street, Exeter, EX4 (ref: 102879000552)

PRELIMINARY DETAILS STUDENT INVESTMENT PROPERTY - A FIVE BEDROOM licenced HMO in a prime location for student accommodation. Currently occupied by students and pre-let for 2024-25 academic year producing an annual income of £43,200. Potential to create a 6th bedroom.

NEW TO THE MARKET: Floor plans and room measurements to follow

The University of Exeter student numbers have grown substantially over the last 5 years increasing by approximately 26% since 2018 with the numbers at approximately 29,776 for the 2022/23 academic year and highly likely to grow even more over the next decade.

Exeter University is ranked within the top 200 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.

The property lies within a central City location within close proximity of the University of Exeter's main Streatham Campus and additionally the High Street, making this an ideal investment and student property.

This property has been owned by the current owner for 30 years, with an excellent history of renting each year and currently has students in occupation for the 2023/24 academic year and let for 2024/2025 Academic Year.