Summary - 12 FLAT 7 FRIARS WALK EXETER EX2 4AY
1 bed 1 bath Apartment
Compact city base with parking and long lease, ideal for first-time buyers or investors.
- Grade II listed lower-ground one-bedroom apartment
- 999-year lease with share of freehold, chain-free
- Modern open-plan living and compact kitchenette
- Allocated off-street parking space included
- Walking distance to Exeter city centre and amenities
- Dated exterior, building needs maintenance and repair
- Possible damp risk typical of lower-ground spaces
- Listed status restricts structural and external changes
A compact Grade II listed one-bedroom apartment set within a Georgian building a short walk from Exeter city centre. The flat offers modern open-plan living and an allocated off-street parking space, sold with a 999-year lease and share of freehold, making ownership straightforward and chain-free.
The apartment suits first-time buyers or buy-to-let investors seeking central location and character. High ceilings and large original rooms are noted in the building, though the lower-ground position means the internal living space is compact and the exterior shows dated areas that will need attention.
Buyers should note the listed status: works to structure or appearance will be restricted and may require listed-building consent. There are signs the exterior requires maintenance and a potential risk of damp in older lower-ground properties — budget for inspection and any remedial work.
Overall this is a well-located, long-lease property with immediate letting or owner-occupation potential, but with material constraints from listing and maintenance needs that influence renovation scope and costs.
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