Central two-bedroom home with parking and shared roof terrace.
Penthouse apartment with elevated city views and south-facing balcony
A top-floor, two-bedroom apartment in the heart of Exeter, Princesshay Garden Apartments combines a modern interior with genuine city convenience. The open sitting room and fitted kitchen open via bi-fold doors onto a south-facing balcony with elevated city views; a shared roof terrace adds outdoor space and outlook. The property includes an allocated, gated parking space in the nearby Princesshay multistorey and is offered chain free.
The layout features two double bedrooms, one with an en suite, plus a main bathroom and hallway storage. The apartment is finished in a contemporary style with wood flooring in the living area and good natural light. The 859 sq ft (approx. 79.8 sq m) size is generous for a central two-bed and suits buyers wanting city living, commuting links and nearby amenities.
Practical points to note: the lease has 81 years remaining and the annual service charge is c. £4,400 (above average); ground rent is £100 per year. The block is in a cosmopolitan area with a strong student presence and very deprived local area classification, which may affect long-term resale or mortgage availability for some buyers. Broadband speeds are average; mobile signal is excellent and local crime levels are very low.
This apartment will appeal to buyers who prioritise central location, secure parking and ready-to-live-in accommodation. Investors should factor in the high service charge and local student communal living classification when assessing rental yield. Prospective purchasers are advised to check lease details and service charge accounts before proceeding.