Light-filled two-bedroom flat in a historic central building — ideal for first-time buyers or investors..
Chain-free second-floor flat in a Grade II listed building
Two double bedrooms; light rooms with high ceilings and sash windows
Share of freehold with very long lease (999 years) and director duty
Low service charge £600 per year; council tax band A
Single-glazed windows and electric heaters; EPC rating E
On-street permit parking; city-centre location near stations
High local crime level — consider security and insurance costs
Small overall size (506 sqft); limited renovation freedom due to listing
Set on the second floor of a handsome Grade II listed building, this two-bedroom flat offers a central Exeter address ideal for a first-time buyer or investor. Rooms are light thanks to large sash windows and high ceilings that retain period character. The property is chain-free and comes with a very long lease and share of freehold.
Practicalities are straightforward: residents benefit from low annual service charges, on-street permit parking, and excellent proximity to Exeter Central, St David’s Station, the university campus and city amenities. The layout includes a living room, separate kitchen, bathroom and two double bedrooms — compact but functional for city living or rental occupancy.
Buyers should note material drawbacks: the building’s listed status may restrict alterations and complicate permissions; the windows are original single-glazed sash and heating is by electric heaters, which contributes to an EPC rating of E. The area records high crime levels, so purchasers should factor security and insurance considerations into plans.
This flat presents clear potential: convenient central location for commuting and student demand, low running costs in some areas, and scope to improve energy performance and interior finishes to increase comfort or boost rental value. The share-of-freehold arrangement means new owners become directors of the management company on completion — an administrative responsibility to accept.
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