Letting Property with Star Students

Exeter University has been ranked consistently Top Ten in The Times League Table, with a population of over 17,500 undergraduates. The University is growing rapidly, employing more staff and requiring more student accommodation to ease with the increasing numbers.

When it comes to choosing the right agents, there are many aspects to consider. So why choose Star Students to look after your investment?

Our professional hard-working team of staff can advise on the best locations if you are choosing to invest in a House of Multiple Occupation (HMO), and what we can do to help you achieve the best rent.

Our 'Fully Managed' service allows landlords to be confident that their property asset is being excellently managed and rental income is maximised. Everything is covered, no worries required, just a stress free route for landlords to enjoy.

For those landlords who have experience, we can also assist with a Tenant Find service or a Rent Collection only.

Our offices are positioned in a perfect location close to all the student areas, which provides excellent marketing and access to any property.

We can help you stay on top of the latest legislation and compliance. With regulations varying across England and frequently changing rules, we are here for advice and assistance with all areas of lettings legislation and compliance.

We have over 30 years of experience means we are experts in handling all the complexities of letting properties in Exeter.

Why not express interest in our Landlord Seminars.

What is Article 4?

Article 4 Directions are the legal means by which a local authority can require property owners to seek permission to convert a single dwelling house into a small HMO (3-6 individuals). This therefore means that within the Article 4 area, it is very difficult to convert a C3 dwelling house to a C4 small HMO.

Article 4 in Exeter

In Exeter, the Article 4 district is generally between Streatham campus and the city centre and therefore the popular locations for student accommodation, however, it is important to note there are some exempt streets. A map of the Article 4 Direction can be found in the link below.

https://exeter.gov.uk/media/1743/article_4_map_a4_colour_dec_2013.pdf

Impact of Article 4

Imposing a limit on the number of small HMOs available in this area does nothing to decrease the demand that exists for them and when you have a difference between supply and demand, prices naturally go up in both rental and property values.