Compact, chain-free flat close to Exeter Quayside — low running council tax..
Chain free one-bedroom flat, ideal first purchase or investment
This compact one-bedroom apartment sits within easy walking distance of Exeter Quayside, local shops and strong commuter links, making it a practical choice for a first-time buyer or buy-to-let investor. The open-plan kitchen/lounge creates a bright, usable living space, with double glazing and electric storage heating already in place.
The flat is offered chain free with a long lease (around 108 years remaining), an EPC rating of D and low flood risk. Service charges run at about £1,200 per year and ground rent is £100 per year (ground rent included in service charge). Council Tax is Band A, keeping running costs lower than average.
Buyers should note there is no gas supply and heating relies on electric storage heaters; the property may feel costly to heat depending on usage. There is no dedicated parking and the flat is not eligible for residents’ parking permits; on-street parking only. The area records higher-than-average crime levels, so purchasers should factor local safety and security measures into their plans.
Overall this is a straightforward, well-located small apartment with clear potential for a first home or rental income, provided you accept the heating arrangement, service charges and limited parking provision.
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