Summary - 70A FLAT 1 EXETER ROAD EXMOUTH EX8 1PY
2 bed 1 bath Flat
Garden-flat freehold with flexible layout and clear investment potential..
Freehold of whole building included with this ground-floor flat
A rare freehold block sale: this extended ground-floor garden flat includes the freehold of the building and offers clear rental or owner-occupier potential. The layout is flexible — it can function as two double bedrooms or as one bedroom with two living areas — making it straightforward to adapt for tenants or to reconfigure for higher rental yield.
The flat benefits from a private rear garden, a bright sun room, gas central heating and double glazing. Period features in the main reception add character and appeal, while the modern rear extension increases usable living space. It is offered chain-free and sits within easy reach of the town centre and local amenities.
Notable constraints are material to purchase decisions: the property is in a high flood-risk area and located in a ward with very high crime and area deprivation statistics. Communal maintenance and building insurance are shared 50/50 on an as-and-when basis, which may lead to irregular costs. The building will be sold with a long lease on the upper flat and the freehold retained for this unit.
This is a practical opportunity for an investor or buyer prepared to manage location-related risks. The combination of a freehold interest, garden flat appeal and flexible layout gives scope for modest refurbishment or steady tenancy. Full local due diligence — insurance, flood mitigation and management planning — is recommended before purchase.
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