Garden, parking and character in a central, newly refreshed flat.
Bay-window living room with period fireplace and high ceilings
Private garden and allocated off-street parking included
Recently redecorated with new carpets — move-in ready
Share of freehold; very long lease (964 years)
Approx 518 sq ft; good space for entertaining
Estimated rental yield around 6% — investor appeal
Area classified as student neighbourhood; very high local crime
Wider area deprivation may affect long-term demand
Light-filled, recently refreshed one-bedroom flat with private garden and allocated parking in central Exeter. The living room’s bay window and period fireplace give the principal space character and plenty of room for dining and entertaining. Newly redecorated with new carpets, the interior is move-in ready for a first home or a rental let.
Practical ownership is straightforward: share of freehold with a very long lease (964 years) and a below-average service charge of £240. The property sits within a compact footprint of about 518 sq ft and benefits from mains gas heating via boiler and radiators. A private garden and off-street parking add rare conveniences for a city-centre ground-floor flat.
Location suits buyers seeking central access and rental demand — shops, restaurants, the RD&E Hospital and the Quayside are all close by. An estimated rental yield of around 6% makes this attractive to investors, but note the area is classified as a cosmopolitan student neighbourhood with high local crime rates and wider area deprivation. That context may affect owner-occupier desirability and management considerations for lettings.
Overall this is a practical, characterful city flat that needs little immediate work. It offers long-lease security and low running costs, though buyers should weigh the neighbourhood profile and high crime statistics against the strong central location and letting potential.