Summary - BELMONT HOUSE FLAT 15 SILVER LANE EXETER EX4 6SQ
2 bed 1 bath Apartment
Chain-free second-floor flat ideal for first-time buyers or landlords.
Two double bedrooms with built-in wardrobes
Light and well-proportioned, this two-bedroom second-floor apartment offers straightforward city-edge living with a private balcony and a flexible open-plan kitchen/diner/living area. Both bedrooms are doubles with built-in storage, making the layout practical for first-time buyers seeking a ready-to-move-in home. The apartment has modern uPVC windows, electric heating and an EPC rating of B.
Sited on Silver Lane, the location is a major selling point: an easy walk to the city centre, colleges, university and local amenities, with on-street permit parking available. The building dates from the 1960s and shows a brutalist exterior; communal upkeep and exterior maintenance will be ongoing considerations for owners. The property is chain-free and offered with vacant possession.
Practical leasehold facts are clear: 86 years remaining and a service charge of £129.58 pcm (below average). Heating is electric and the bathroom has a shower over bath — comfortable but not luxury. For those considering letting, an estimated rent of about £1,100 pcm gives an approximate gross yield of 8%, underlining appeal to investor buyers as well as first-time purchasers.
This apartment suits buyers wanting central convenience and manageable running costs, who are comfortable with leasehold ownership and communal building maintenance. Its solid EPC and sensible service charge make it an economical city base, while the compact balcony and living space offer scope for light modernization to personalise the home.
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