Summary - WHEATON HOUSE 14 RED LION LANE EXETER EX1 2FG
1 bed 1 bath Apartment
Compact, well-located flat ideal for buy-to-let and quick commuting.
633 sq ft modern one-bedroom apartment, open-plan living
This second-floor, one-bedroom apartment occupies 633 sq ft in the heart of Exeter, offering straightforward city-centre rental appeal and easy access to shops, cafés and transport links. The open-plan living area with modern fitted kitchen and French doors to a Juliet balcony provides bright, low-maintenance space attractive to tenants or first-time buyers.
Practical features include a generous double bedroom with fitted wardrobe, a modern bathroom, lift access and useful built-in storage in the entrance hallway. The flat is sold with no onward chain and benefits from excellent mobile signal and fast broadband — strong practical positives for city renters.
Buyers should note this is a leasehold property with 107 years remaining, an annual ground rent of £200 and an average service charge of £1,876.82. The immediate neighbourhood is classified as cosmopolitan and student-oriented but also records very high crime and very high area deprivation, which will affect long-term desirability and lettings strategy.
Overall this is a well-presented, centrally positioned apartment that suits investors seeking a straightforward city let or a buyer wanting an accessible, low-maintenance city base. Factor in the service charges and local area factors when assessing yield or resale prospects.
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