Affordable 40% shared-ownership two-bed maisonette near university with garage parking and balconies..
40% shared-ownership; sold as leasehold
Located a short walk from the University campus and St David’s station, this two-bedroom maisonette is offered as a 40% shared-ownership leasehold — a lower-entry route into Exeter property ownership. The flat occupies two floors and feels light in the main living area, which opens onto a balcony overlooking mature trees. A separate fitted kitchen, good bedroom storage and a second balcony upstairs add practical living space.
Practical advantages include a secure allocated garage parking space with automatic door, visitor parking, uPVC double glazing (installed post-2002) and fast broadband with excellent mobile signal. Council tax is very cheap and the neighbourhood records very low crime, making the building a convenient base for students, first-timers or buy-to-let investors targeting the rental market.
Buyers should note the building’s 1970s Brutalist style and generally low ceilings in parts of the apartment; the apartment is in an average-sized condition and may suit those wanting economical, functional city living rather than high-end finishes. Heating is by electric storage heaters and the property is leasehold, sold as a 40% shared ownership — buyers must satisfy shared-ownership eligibility and be comfortable with the leasehold arrangement.
Overall, this property offers an affordable city-centre entry point with parking and good transport links. It will appeal to first-time buyers and investors seeking a relatively low-cost purchase close to the university, though buyers should budget for electric heating costs and consider any future refurbishment to personalise the 1970s interior.
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