Turnkey income or first‑home near university and city amenities.
3 bedroom maisonette arranged over three floors, attic bedroom included
Fully let 2025/26 with rental income of £24,480 per year
Compact courtyard; small plot with low external maintenance
EPC D, double glazing, mains gas boiler and radiators
Built before 1900 with solid brick walls; insulation not confirmed
Located in student‑focused St James — high rental demand, potential noise
Council tax described as cheap; total area about 1,006 sq ft
Tenure shown as Freehold (listing also references share of freehold)
This three‑bedroom maisonette in St James, Exeter, is well positioned for the university and city centre, offering clear appeal to investors and first‑time buyers. Arranged over three floors with a compact courtyard, the property has been used successfully as student accommodation and is offered in good decorative order throughout.
The maisonette is fully let for 2025/26 with confirmed rental income of £24,480, providing an immediate income stream and attractive yield at the asking price. Accommodation includes a contemporary compact kitchen, a large lounge, two bathrooms and an attic bedroom, all presented with modern fixtures and vinyl flooring where specified.
Practical considerations are straightforward: mains gas central heating with a boiler and radiators, double glazing, EPC rated D and council tax described as cheap. The building is mid‑terraced, constructed before 1900 with solid brick walls (no known cavity insulation), and the plot is small — good for low external upkeep but without a garden.
Note the local context: St James is a cosmopolitan, student‑focused neighbourhood which supports strong rental demand but can bring tenant turnover and daytime/evening activity. Tenure is listed as Freehold; a separate note in the description also refers to a share of freehold. Buyers should confirm tenure details and check insulation/energy improvement options if reducing running costs is important.
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