Compact town-centre home with predictable running costs and long lease.
Central Totnes location, shops and transport on the doorstep
Set in the heart of Totnes, this one-bedroom apartment offers a compact, well-located home ideal for a first purchase or town pied-à-terre. The open-plan kitchen/lounge/diner creates a generous living space and benefits from good natural light. A double bedroom and shower room complete the accommodation within an average-sized 527 sq ft footprint.
Practical ownership is straightforward: a very long lease (999 years from 1988), modest ground rent (£100 pa) and a below-average annual service charge (£615.82) help keep running costs predictable. Council Tax sits in Band A, which is inexpensive relative to many town-centre properties.
Buyers should note there is no central heating system; electric heaters are currently assumed. The property shares a small area of communal outside space and has double glazing installed before 2002. The compact layout and some dated fittings mean the flat is best suited to someone seeking a central, low-maintenance base or a starter home rather than a family-sized residence.
Totnes’s shops, cafés and transport links are all within easy reach, making this a convenient, characterful base for town living. With its long lease and low holding costs, the apartment represents a sensible, low-hassle entry onto the local property ladder.