Thriving Economy Good for Buy-to-Let Sector
Exeter has a bustling economy centred around services and research-based industries. Notable employment sectors in Exeter include:
- Public services
- Research and development
The city has a significant tech sector that provides 10,000 jobs.
Exeter has a solid employment level – the sixth-highest in the UK.
The area has enjoyed substantial commercial and residential development over the last few years, accommodating new jobs and the people who come to the city for work. Exeter Science Park opened in 2015, providing up to 3,000 jobs in the STEMM sector. The Met Office headquarters is based in Exeter.
The Exeter and East Devon Enterprise Zone, consisting of four development sites, will usher in new opportunities and even lead to the creation of a new town, Cranbrook.
The University of Exeter has 22,000 students. As such, the area has a notable student buy-to-let sector.
Areas popular with students include:
- The city centre
- Stoke Hill
- St Davids
- St Thomas
- Mount Pleasant
- St James
- St Leonards