Planning was granted by Exeter City Council on 21/06/2012 ref no. 12/0354/FUL, the property was intended to house 15 students in 12 flats. After completion, building faults led to significant water ingress. The property could not be occupied and has remained vacant. Each flat has its own shower room with laundry facilities, gas boiler, kitchen, intercom and is separately metered for utilities. Based on current market rents for student accommodation in the area we estimate a rental value of circa £120,000 pa on the completion of works. AUCTIONEERS NOTE: The plan edged in red is for illustration purposes only. There will be a Land Registry compliant plan in the auction legal pack.
EPC ratings – Flats 2,3 and 4 are C rated Flats 1, 5 -12 inclusive are B rated

• Our Ref: CD-90628
• To be sold by Public Auction on 2/5/24
• 9 x 1-bed self-contained studios
• 3 x 2-bed self-contained flats
• Constructed 2014
• Close to Exeter University & St Davids Station
• Significant remedial works required
• EPC ratings B-C
• Vacant
• FH Price: £500,000 Guide Price