Block of Flats for sale in Woodbury Salterton, UK

Build-to-Rent in Woodbury Salterton available for sale

Block of Flats for Sale Within 10 miles of the Woodbury Salterton, UK

More details for 70 South St, Exeter - Build-to-Rent for Sale

Concorde House - 70 South St

Exeter, EX1 1EG

Build-to-Rent for Sale
£7,000,000
29,000 sq ft

Exeter Build-to-Rent for Sale

Paternoster House and Concord House present a rare opportunity to acquire two award-winning, fully refurbished and fully income-producing freehold assets in the heart of Exeter. Both properties have been converted to a high standard, with the works completed in 2025, creating a turn-key residential and commercial investment with no immediate capital expenditure required. The portfolio comprises 57 fully furnished apartments, providing a total of 98 bedrooms, alongside approximately 17,000 sq ft of commercial accommodation. Both buildings are 100% occupied and benefit from a prime city-centre position, close to Exeter High Street, Exeter Cathedral, Princesshay Shopping Centre, Guildhall Shopping Centre, Exeter Central Station, the University of Exeter and the Royal Devon and Exeter Hospital. Paternoster House, located on North Street, Exeter, EX4 3FR, comprises 29 apartments arranged as 5 one-bedroom, 22 two-bedroom, 1 three-bedroom and 1 four-bedroom flats. The residential accommodation extends to approximately 22,000 sq ft, with an additional 8,976 sq ft of commercial space. The property is fully furnished throughout and includes open-plan layouts, designer kitchens and bathrooms, double glazing, integrated LED lighting, an entryphone system, DDA accessibility and a passenger lift. Commercial occupiers include Søstrene Grene and Vyve Pilates, providing strong income diversification. Paternoster House is offered in excess of £13,500,000 and produces a total passing rent of £956,180 per annum, comprising £776,180 residential income and £180,000 commercial income. This reflects a gross ROI of 7.08%. The property has also been valued at £15.468m, with the residential element valued at £13.618m and the commercial element at £1.85m. Forward-looking rental analysis indicates that Paternoster House offers defensive, scale income with meaningful rental growth potential. Over a three-year period, projected blended rental income is £2.86m at the 5th percentile, £2.97m at the median and £3.05m at the 95th percentile. By year three, the blended yield is projected at 6.31% at the 5th percentile, 6.63% at the median and 6.91% at the 95th percentile, with potential upside to 7.24% under maximum growth assumptions. The fixed commercial income of £180,000 per annum provides an additional layer of security. Concord House, located on South Street, Exeter, EX1 1EG, comprises 28 apartments arranged as 14 one-bedroom and 14 two-bedroom flats. The residential accommodation extends to approximately 21,000 sq ft, with approximately 8,000 sq ft of commercial space. As with Paternoster House, the building is fully furnished and benefits from designer kitchens and bathrooms, double glazing, integrated LED lighting, entryphone system, DDA accessibility, a passenger lift and turn-key accommodation. Commercial occupiers include Kaspas and Vyve Gym. Concord House is offered in excess of £7,000,000 and produces a total passing rent of £577,800 per annum, comprising £501,800 residential income and £76,000 commercial income. This reflects a gross ROI of 8.25%. The property has been valued at £7.6615m, with the residential element valued at £7.0015m and the commercial element at £660,000. The forward rental projections for Concord House demonstrate a compelling income profile. Over three years, projected blended rental income is £1.56m at the 5th percentile, £1.62m at the median and £1.67m at the 95th percentile. By year three, blended yield is projected at 6.98% at the 5th percentile, 7.34% at the median and 7.65% at the 95th percentile, with potential upside to 8.21% under maximum growth assumptions. The fixed commercial rent of £76,000 per annum helps protect the downside and supports stable cashflow. Together, the properties offer investors a substantial Exeter city-centre residential and commercial portfolio with strong occupational demand, modern specification, full occupancy and attractive income returns. The combination of newly completed conversion works, fully furnished apartments, diversified commercial income, prime locations and no immediate capital expenditure requirement makes this a particularly compelling investment opportunity. Both Paternoster House and Concord House are held under separate SPVs and are available individually or as part of a wider investment opportunity. The commercial elements only are understood to be elected for VAT. Exeter continues to experience strong rental demand, underpinned by its university population, employment base and constrained city-centre housing supply. Ongoing concerns around the availability, quality and affordability of purpose-built student accommodation have placed additional pressure on the wider private rental sector, particularly for well-located, professionally managed and fully furnished homes. Paternoster House and Concord House are well positioned to benefit from this structural imbalance, offering high-quality accommodation close to the University of Exeter, city-centre amenities, transport links and major employers. Further information, full tenancy schedules and viewings are available on request.

Contact:

By Design

Property Subtype:

Apartment

Date on Market:

06/03/2026

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More details for 182-185 Fore St, Exeter - Build-to-Rent for Sale

Paternoster House - 182-185 Fore St

Exeter, EX4 3AX

Build-to-Rent for Sale
£13,500,000
31,000 sq ft

Exeter Build-to-Rent for Sale

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%.

Contact:

By Design

Property Subtype:

Apartment

Date on Market:

06/03/2026

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Student Accommodation

Build-to-Rent for Sale
Price Upon Request
22,093 sq ft
2 Build-to-Rent Properties

Exeter Portfolio of properties for Sale

Offers are invited for the freehold interest. The closing date for submission of offers will be confirmed in the “submission of offers” document in the technical pack. All fixed plant, apartment furniture and common area furniture is to be included in the sale. The accommodation is split into two separate properties, known as 48onNewNorth and 23onLongbrook, both accessed through a secure gated entrance, into a private courtyard setting. 23onLongbrook also benefits from an elegant, independent entrance at the front of this double-fronted listed building on Longbrook Street,providing a strong and attractive street presence. In addition to the apartments, the property also benefits from the courtyard car park, which provides for 30 no. car parking spaces. 48onNewNorth - This property provides for 32 no. bedrooms across 15 no. self-contained apartments, with 4 no. x 1 beds, 5 no. x 2 beds and 6 no. x 3 bed apartments. The apartments range from 44 sq m / 469 sq ft up to 170 sq m / 1,828 sq ft, with a total NIA of 1,293 sq m / 13,911 sq ft. 23onLongbrook - This property provides for 15 no. bedrooms across 9 no. self-contained apartments, with 1 no. x studio, 2 no. x 1 beds and 6 no. x 2 bed apartments. The apartments range from 42 sq m / 448 sq ft up to 72 sq m / 778 sq ft, with a total NIA of 565 sq m / 6,084 sq ft. All the apartments in both 48onNewNorth and 23onLongbrook benefit from a secure entry electronic system with key fobs to all gates and common doors. The apartments all come complete with a well equipped kitchen, contemporary bathrooms with walk-in showers and / or bathtubs, a smart TV, unlimited fast WiFi, centrally controlled thermostatic heating and hot water. Further details relating to each individual apartment, including photos, floor plans and video tours are available within the Technical Pack. Commercial -The ground floor at 23onLongbrook provides for 195 sq m / 2,098 sq ft of commercial space. This is currently let to Cardens. The property is located in the heart of Exeter’s city centre, about 50 m from New North Roads intersection with Longbrook Street, with the High Street 150 m to the south. The property has roadside frontage on New North Road and Longbrook Street, with the access through a gated archway off New North Road into the courtyard. The property’s city centre location means that it is situated in close proximity to a wide range of local services and amenities. John Lewis is located approximately 250 m to the south, as well as Princesshay which provides a number of shops and restaurants. Exeter Central Station is situated 50 m to the north of the property on New North Road, with Exeter St Davids Station 1.1 km to the northeast of the property.

Contact:

Savills

Date on Market:

19/01/2026

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More details for 50 Topsham Rd, Exeter - Build-to-Rent for Sale

St. Leonards Quarter - 50 Topsham Rd

Exeter, EX2 4NF

Retail for Sale
£270,000
1,415 sq ft
1 Unit Available

Exeter Build-to-Rent for Sale

The property is available by way of a long leasehold sale at a guide price of £270,000. Alternatively, offered by way of a new lease on full repairing and insuring terms. Rent £25,000 per annum, with other lease terms by negotiation.