Summary -
11, Shareford Way,Cranbrook,EXETER,EX5 7EZ
EX5 7EZ
2 bed 1 bath Apartment
Ready-to-move-in modern apartment ideal for first-time buyers or landlords seeking quick-let potential.
Two double bedrooms with built-in wardrobes
Open-plan sitting/dining room with Juliet balcony
Fully integrated kitchen; sold optionally furnished
Two allocated off-road parking spaces and bike storage
Leasehold: 117 years remaining (as of 2025)
Service charge £1,830.69 pa; ground rent £250 pa (RPI review)
Approximately 678 sq ft — efficient, average-sized living space
Close to rail, bus links, M5/A30 and local shops/schools
Light-filled, practical and easy to run, this two-bedroom first-floor apartment in Cranbrook is aimed at first-time buyers and buy-to-let investors. The open-plan sitting/dining room with French doors to a Juliet balcony creates a welcoming social space, while the fully integrated kitchen and built-in bedroom wardrobes keep day-to-day living straightforward. At about 678 sq ft the layout feels efficient but not expansive — well suited to a starter home or rental tenant.
Outside, two allocated off-road parking spaces and communal bike storage add convenience for commuters. The property is a short walk from local shops, the rail station and bus links, with quick road access to the M5 and A30 for journeys into Exeter and beyond. Local schools and a country park further strengthen its appeal to young families and professionals.
Sold with the option to include most furniture and appliances, the apartment can be ready to occupy or let with minimal delay. Important tenure details to note: this is a leasehold home with 117 years remaining, an annual service charge of £1,830.69 and a current ground rent of £250 per year (reviewed by RPI every ten years). These running costs are factual considerations for mortgage lenders and buy-to-let calculations.
The flat presents a straightforward, low-maintenance opportunity rather than a renovation project. For buyers prioritising move-in readiness, commuting convenience and rental potential in an affluent, low-crime village setting, this apartment offers good value at the asking price.
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