18 Southernhay West
Exeter
Devon
EX1 1PJ
Well Street, St James, Exeter
Guide Price £300,000
4 Bedroom House - Terraced
- 4 Bedroom Student Investment Property
- Let for the 2026/27 Academic Year for £27,840 (£145pppw over 48 weeks) exclusive of bills.
- Spacious Living Room
- Separate Kitchen
- First Floor Shower Room
- Courtyard Garden
- Excellent Location for City Centre and University
- Viewing Recommended
Guide Price £300,000 - £325,000:
A superb opportunity to acquire this spacious and well-maintained four-bedroom student investment property, ideally located close to a range of local amenities. The property is let for the 2026/27 academic year, generating a gross rental income of £27,840 (exclusive of bills) and offers convenient access to both the City Centre and the University Campus.
The accommodation comprises an entrance hall, a generous living room, a separate kitchen, and a ground-floor double bedroom. The first floor features three further double bedrooms and a shower room.
Externally, the property benefits from a small enclosed walled courtyard.
AGENTS NOTE
The property is let for the 2026/27 Academic Year for £27,840 (£145pppw over 48 weeks) exclusive of bills. This produces a gross rental yield of 8.56% (based on £325,000).
For the remaining academic year of 2026, the property has two rooms let at £170pppw, inclusive of bills, up to 31/07/2026.
MATERIAL INFORMATION
Information provided by our client:
Construction notes: Solid walls, small section of a flat roof
Utilities: Mains water, electricity, gas, and drainage. Current broadband provider EE.
Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site. https://checker.ofcom.org.uk
VIEWING ARRANGEMENTS
Strictly by appointment with Naomi J Ryan Estate Agents.
REFERRAL FEE DISCLOSURE
We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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