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Paternoster House 182-185 Fore St 29 Unit Apartment Building £13,500,000 (£465,517/Unit) 7.08% Net Initial Yield Exeter EX4 3AX



Investment Highlights
- Short walks to Guildhall Shopping Centre and Exeter Cathedral
- Award Winning Conversion
- 29 Apartments with a total of 56 Bedrooms
- 0.7 miles from Exeter Central station
- 9000 sf Commercial Space
- Combined Rental Income of £956,180.00
Executive Summary
The freehold of this 29 flat apartment block with retail space on the ground floor is available for the guide price of £13.5 million, providing a yield of 7.08%.
Property Facts
| Price | £13,500,000 | Property Subtype | Apartment |
| Price Per Unit | £465,517 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Costar Property Class | B |
| Yield | 7.08% | Total Plot Size | 0.20 ac |
| Tenure | Freehold | Property Size | 31,000 sq ft |
| No. Units | 29 | No. Floors | 5 |
| Property Type | Build-to-Rent | Year Built/Renovated | 1844/2025 |
| Price | £13,500,000 |
| Price Per Unit | £465,517 |
| Sale Type | Investment |
| Yield | 7.08% |
| Tenure | Freehold |
| No. Units | 29 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.20 ac |
| Property Size | 31,000 sq ft |
| No. Floors | 5 |
| Year Built/Renovated | 1844/2025 |
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Paternoster House | 182-185 Fore St
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