The £25million development is located on the site of the former BBC studios in Walnut Gardens, St David’s Hill in the heart of the city. The property will provide 167 rooms in a mix of well-designed studios and shared serviced apartment bedrooms and is a 15-minute walk to the University of Exeter.
The Study Inn platforms’ latest generation of properties re-affirms the Group’s deep-rooted focus on resident wellbeing and life experience. Facilities include 24×7 on site management; room cleaning and linen services; wellness spa; sauna; steam room; hot beds; gym; yoga studio; games room; lounge; meeting space; and cinema. Whilst the landscaping scheme incorporates its own private gardens, providing secure outdoor green space.
Commenting on the new development, Jack Jefferson, Acquisitions Director at Study Inn said:
“This newbuild scheme set in its own grounds allowed our design and construction teams to maximise the quality of the development. Our Portfolio 2 is something special and covers prime locations in prominent Russell Group cities. Exeter is a great addition.”
In addition to Exeter, Study Inn has secured further pipeline projects in Leicester and Leeds opening in 2022 and 2023 to add to its trading properties in Bristol, Loughborough and Nottingham.