Summary - 30 CORN MILL CRESCENT EXETER EX2 8TW
1 bed 1 bath Flat
Compact, modern one-bedroom flat with parking and very long lease.
Chain free one-bedroom first-floor flat with long 999-year lease
A tidy, chain-free one-bedroom first-floor flat that suits a first-time buyer or buy-to-let investor seeking low-running costs and straightforward ownership. The accommodation is compact but well presented, with a modern white hi-gloss kitchen, a double bedroom with fitted wardrobes and a living/dining room with useful over-stairs storage. A boarded loft with a pull-down ladder provides extra storage and houses the gas boiler.
Practical benefits include two allocated off-street parking spaces a short walk away, double glazing, mains gas central heating via boiler and radiators, and a very long lease (999 years). There is no annual service charge and the ground rent is a peppercorn, keeping ongoing costs low. Council tax is described as cheap and broadband speeds are reported as fast.
Buyers should be aware of a medium flood risk for the area and that the flat is small (approximately 399 sq ft), so it's best suited to single occupants or couples rather than those needing lots of space. As a first-floor flat there are internal stairs and no private garden, though communal grounds are present. Constructed in the 1980s, the brick build appears in good order but the property may benefit from minor updating over time to personalise finishes.
For investors an estimated rent of around £695 pcm was suggested, producing a modest gross yield. For occupiers, the location on Alphington’s southwest edge places shops, a GP surgery, post office and regular buses within reach, with quick links to the A30 and M5.
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