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Concorde House 70 South St 28 Unit Apartment Building £7,000,000 (£250,000/Unit) 8.25% Net Initial Yield Exeter EX1 1EG
Investment Highlights
- City centre location
- 28 Apartments
- 100% Occupied
- Award Winning Conversion
- 8,000 sf of Commercial Space
- Combined passing rent of £577,800.00
Executive Summary
The freehold of this apartment block comprising of 28 flats and ground floor retail space is available for the guide price of £7 million providing a yield of 8.25%
Property Facts
| Price | £7,000,000 | Property Subtype | Apartment |
| Price Per Unit | £250,000 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Costar Property Class | B |
| Yield | 8.25% | Total Plot Size | 0.44 ac |
| Tenure | Freehold | Property Size | 29,000 sq ft |
| No. Units | 28 | No. Floors | 5 |
| Property Type | Build-to-Rent | Year Built/Renovated | 1964/2025 |
| Price | £7,000,000 |
| Price Per Unit | £250,000 |
| Sale Type | Investment |
| Yield | 8.25% |
| Tenure | Freehold |
| No. Units | 28 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.44 ac |
| Property Size | 29,000 sq ft |
| No. Floors | 5 |
| Year Built/Renovated | 1964/2025 |
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Concorde House | 70 South St
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