Fully let 3-bed investment in prime St James — strong income and low maintenance freehold..
Fully let for 2025/26 academic year — £24,480 rental income
A compact, fully let 3-bedroom maisonette in St James, Exeter, offering predictable rental income from students. Arranged over three floors, the property is presented in good decorative order and currently produces £24,480 for the 2025/26 academic year. Its close proximity to the university, local amenities and public transport makes it simple to re-let in future years.
Accommodation is practical and purpose‑built for group lets: three furnished bedrooms, a separate lounge, modern kitchen and two bathrooms, plus a tidy courtyard useful for bike storage and drying. The maisonette benefits from a Share of Freehold tenure and low council tax, reducing holding costs for landlords.
Investors should note the property’s compact overall size (706 sq ft) and an attic bedroom with restricted space typical of third-floor rooms. The EPC is D and there is no flooding risk; the building appears well maintained but is targeted at the student market, which limits appeal to owner-occupiers.
This is a straightforward buy-to-let for investors seeking an income-ready student asset in a prime university location. Expect steady demand, easy re-letting and modest maintenance requirements, but factor in tenant churn and the property’s student-focused specification when assessing long-term value.