Move-in ready two-bed flat near town and beach with long lease and share of freehold.
Two double bedrooms with re-fitted ensuite and shower room
This freshly refurbished two-bedroom flat sits on Morton Road, a short walk from Exmouth town centre and the beach — ideal for first-time buyers seeking seaside access and low initial maintenance. The interior has new carpets, updated wiring, a contemporary kitchen with integrated appliances, a re-fitted ensuite and modern shower room, so it’s largely move-in ready.
Practical ownership is strong: a 1/5 share of the freehold, an unusually long lease (circa 994 years) and a below-average annual service charge of £840 covering building insurance and communal electricity. There is residents’ permit parking and the building retains many period features such as high ceilings and bay windows.
Be clear about the material drawbacks: the property is small (around 529 sq ft), uses electric room heaters which can mean higher running costs, and the building’s solid brick construction likely has no cavity insulation. The area is classed with above-average crime and a high flood risk — both important for insurance, safety planning and resale considerations.
Overall, this is a compact, well-presented apartment with strong tenure and great location for seaside living. It will suit buyers wanting a ready-to-live-in home near amenities, or investors looking for a convenient rental in Exmouth — but factor in energy costs, flood exposure and local area issues when deciding to view.