Hoopern Street, Exeter, Devon, EX4

** INVESTORS ONLY ** Prime location!! An opportunity to purchase this purpose built three bedroom apartment all with en- suite bathrooms and an open plan kitchen/living area giving a sociable communal space. Extremely close to campus and the city centre.

Located in the heart of Exeter, Hoopern Mews is an outstanding opportunity for savvy investors. This property is situated in a highly desirable area close to Exeter city centre, the university campus, and excellent local amenities, making it a perfect choice for the rental market.

The property:

The property was built in 2007 by student accommodation specialists Colourcolt. It provides students at Exeter University with modern living only a short walk from the main campus.

The property offers a well-thought-out layout designed to maximize tenant appeal. The first floor flat features a spacious living area and a modern kitchen. The property comprises of three bedrooms all with en-suite bathrooms, providing comfortable accommodation.

Outside:

There is access to the communal gardens.

The property has an allocated parking space and access to the communal bike shed.

Tenure:

Leasehold with an lease of 999 years from 2007.

The most recent annual service/management cost for the property was £1,800pa, paid in two instalments of £900.

Utilities:

All mains services

Council Tax Band: B

Assuming all occupants are full time students, you should be entitled to 100% exemption from Council Tax payments.

Agents Note:

- Academic year 2025/26
- Excluding bills
- Annual income of £20,400

Broadband: Superfast. Approx. Download speed Mbps and Upload speed 17 Mbps.

Mobile signal: Several networks currently showing as available at the property.

With strong rental demand in this location from students Hoopern Mews promises excellent yield potential and long-term growth. Additional benefits include off-road parking and its quiet cul-de-sac setting, which ensures tenant satisfaction.

This is an exceptional chance to secure a property with proven rental performance. Early viewing is recommended to capitalize on this investment opportunity.

PLEASE NOTE:

Our business is supervised by HMRC for anti-money laundering purposes. If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. To satisfy our obligations we use an external company to undertake automated ID verification, AML compliance and source of funds checks. A charge of £25 is levied for each verification undertaken.