Large freehold opportunity with planning permission and courtyard garden.
22 bedrooms and 17 bathrooms, many en‑suite
A substantial Grade II-listed Georgian townhouse arranged over four floors, currently configured as a 22-bedroom former guest house with 17 bathrooms and C1 licence in place. The property is freehold, comes with a secluded courtyard garden and benefits from planning permission for change of use, making it a clear redevelopment candidate for student housing or HMO conversion (subject to final consents).
The building is well maintained and offered empty with many practical features already in place: most bedrooms have en‑suite facilities, 2G fibre and EOV installed, plus annual external water and fire risk assessments. Its central Exeter position, between St David’s and the main station, provides strong rental demand from students and city workers and excellent access to local amenities and transport.
Important constraints are factual and significant: the property is listed, which imposes consents and potential conservation costs; the area records very high crime levels; broadband speeds are reported very slow despite fibre availability. These matters will affect operational costs, insurance and any refurbishment plan and should be factored into viability studies.
For an investor or developer, the house offers scale, location and flexibility: immediate income potential under the existing licence or longer-term uplift through conversion subject to planning and listed‑building approvals. Buyers should commission specialist listed‑building advice and a security strategy given the locality crime profile.
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