Affordable shared-ownership one-bed with balcony in central Exeter.
40% Shared Ownership with LiveWest (affordable entry)
A modern one-bedroom flat offering a practical route onto the property ladder via Shared Ownership (40% share with LiveWest). The apartment sits in a contemporary block built in the mid-2000s and includes a private balcony plus access to a communal patioed garden — useful outdoor space in a city-centre setting. At about 541 sq ft, the layout provides a double bedroom, open-plan living/kitchen and a bathroom, suited to a single professional or first-time buyer.
Important practical points are clear: the home is leasehold and sold as a shared ownership share, with electric storage heaters as the main heating source and double glazing installed. Broadband speeds are average but mobile signal is excellent. Council tax is very cheap, and there is no flooding risk recorded.
Buyers should also weigh local and property-specific drawbacks: the neighbourhood records very high crime and is described as a very deprived area — factors that may affect day-to-day comfort and resale considerations. The property’s heating (electric storage) can be more expensive than gas alternatives, and the leasehold/shared-ownership arrangement limits outright ownership and may involve service charges and staircasing conditions.
This home is best for someone prioritising central convenience and affordability over long-term independence from shared-ownership constraints. Its proximity to shops, transport links and city amenities makes it a good fit for students, city professionals or first-time buyers seeking an affordable city base with straightforward, low-maintenance living space.
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