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Commercial property for sale

St Davids, Exeter

Guide Price £2,000,000

Property Description

Full description

Tenure: Freehold

Accommodation Summary



Directions

At the Paris Street roundabout, take the Paris Street exit. At the next roundabout take the third exit and then bear left onto Howell Road. Turn right onto St Davids Hill and then keep straight onto the A377 / Cowley Bridge Road. The property will be found on the right hand side.

Situation

The development stands within a short walk of Exeter's principle mainline train station with three pubs, hotel, Premier Inn, a selection of shops and launderette close at hand. The University campus is within 250 yards and the City centre is within 10 - 15 minutes walk.

LOCATION: EXETER, DEVON

* The University of Exeter is ranked 10th in the Times Good University Guide 2012 and ranked in the top 1% in the world and in the top 100 fastest growing organisations in Europe.

* A 140 million investment programme has recently been completed, including major investment in student facilities and an even more ambitious investment programme, worth 450 million, has recently commenced.

* The City itself, just 2 hours by train from London with an expanding International airport on its doorstep, has been the subject of massive investment in recent years and is one of the top ranked places to live in the UK.

Description

Currently in the course of construction this property has been designed to provide comfortable student living accommodation in an easily managed and easy to maintain block. Arranged as six self contained flats with one ground floor having its own independent access and additional bathroom.

SPECIFICATION:

The properties are built under architects supervision and offered for sale with an 8 year Architects Warranty.

* Traditional block render and plaster internal and external walls.

* Natural slate roof

* Treated pre coloured double glazed timber frame sash windows.

SKY and Broadband to every room

COMPARABLE RENTS

Exeter Trust House (UNITE)
134 en-suite @ 43 weeks
207 studio @ 43 weeks

Isca Lofts (CRM)
From 110.25 @ 48 weeks upwards for medium en-suites and studios

Northfield (UNITE)
129 en-suites - 147 single studio @ 44/51 wks 204 double studio @ 51 wks

DEMAND / SUPPLY DYNAMICS

Full time Higher education 16,179
University Accommodation Circa 5,082 spaces
Private Purpose Built Halls Circa 1,222 spaces
Development Pipeline 2,642 spaces
Total existing accommdation Circa 6,304 spaces
% students able to access halls 39%
% students in HMO / home 61%


More information from this agent

To view this property or request more details, contact:

Wilkinson Grant & Co, Exeter

Broadwalk House Southernhay West Exeter EX1 1TS

01392 989009 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

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Floorplan 1

Floorplan

Floorplan 2

Floorplan

Floorplan 3

Floorplan

Floorplan 4

Floorplan

To view this property or request more details, contact:

Wilkinson Grant & Co, Exeter

Broadwalk House Southernhay West Exeter EX1 1TS

01392 989009 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer

Property reference SOU100854. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wilkinson Grant & Co, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.