Summary - Powhay Mills, Tudor Street, Exeter, EX4 EX4 3BT
2 bed 1 bath Apartment
Bright, practical apartment with parking and fast broadband for convenient urban living.
Top-floor two double bedrooms, open-plan kitchen/reception
Allocated off-street parking space included
Chain-free sale, 107 years remaining on the lease
Service charge approx £1,344pa; ground rent £300pa
630 sq ft internal size — average city apartment space
Ultrafast broadband and excellent mobile signal available
Located close to city centre, shops, transport and Exeter Quay
Area classified as student/cosmopolitan; local crime recorded very high
This top-floor, two-double-bedroom apartment offers a straightforward city-living layout for a first-time buyer seeking convenient access to Exeter’s shops, restaurants and transport links. The open-plan kitchen/reception with bay-style windows and wood-effect flooring creates a bright main living space. Both bedrooms are good-sized doubles. An allocated off-street parking space is included — a notable benefit for a central property.
Practical running costs are clear: leasehold with 107 years remaining, an annual service charge of about £1,344 and ground rent currently £300 per year. Council Tax is in Band B (relatively cheap). Ultrafast broadband and excellent mobile signal support working from home or streaming. The flat is offered chain-free, which can simplify and speed up completion.
Buyers should note material location and social factors: the immediate area is described as a cosmopolitan student neighbourhood with a wider classification of hampered aspiration and an official deprivation score; local crime levels are recorded as very high. The building appears modern (late 1990s–2000s) with double glazing, but no recent major-refurbishment dates are supplied — budget for future maintenance if needed.
Overall this apartment suits a buyer prioritising central convenience and good internal space over tranquillity. It may also appeal to a landlord targeting city renters, though investors should consider the local social profile and crime statistics when assessing rental demand and yields.
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