Central St Leonard’s location with rental-ready occupancy and outdoor space.
Sought-after St Leonard’s location, close to transport and amenities
Set within sought-after St Leonard’s on College Road, this compact first-floor apartment pairs period character with practical rental appeal. High ceilings and bay windows bring generous light into the open-plan living/kitchen, while two bedrooms and a shower room make it a straightforward let for professionals or students. A small private garden adds outdoor space uncommon for flats in this location.
The property is currently tenanted and the occupants would be willing to continue their tenancy, making the purchase attractive for buy-to-let investors seeking immediate income. Leasehold with c.182 years remaining and an annual service charge of £960 (below average) keep running costs predictable. Broadband speeds are fast and mobile signal is excellent — useful for modern tenants.
Buyers should note the building’s age and construction: solid brick walls likely lack cavity insulation, and heating is via electric storage heaters which can be costly to run. Windows are double glazed but install dates are unknown. The flat is small (approx. 541 sq ft) and may suit those seeking low-maintenance urban living rather than larger-family accommodation.
Overall, this is a low-management, centrally located flat with immediate rental potential and period charm. It will suit investors wanting quick let-ready entry into Exeter or buyers comfortable with modest space and electrically heated accommodation.
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