Chain-free, long lease city-centre flat ideal for first-time buyers or investors.
First-floor one-bedroom with open-plan living and integrated appliances
A compact, well-presented one-bedroom apartment in the heart of Exeter's Princesshay Square, offered with no onward chain and an extended 170-year lease. The open-plan living/dining/kitchen benefits from large windows overlooking the pedestrianised square, bringing good natural light to the living space. Integrated appliances and a modern bathroom make the flat ready to occupy or let.
This first-floor apartment suits a first-time buyer or buy-to-let investor seeking immediate city-centre convenience. The building has lift access and a communal atrium, and the property is close to shops, cafes and transport links. The long lease and peppercorn ground rent are practical long-term advantages.
Buyers should note the material considerations: heating is provided by electric storage heaters and mains electricity is the primary fuel; there is no private outdoor space or on-site parking. The building is of solid brick construction (likely uninsulated walls), and the annual service charge is £2,992. The local area includes student-focused neighbourhoods and pockets of deprivation, which may affect rental demand and longer-term resale expectations.
Overall, this apartment offers low-entry, central city living with straightforward fixtures and no chain delays. It is best for someone who prioritises location and convenience over outdoor space and who accepts higher service charges and electric heating in exchange for a ready-to-live-in city centre home.