Summary - 55 Higher Meadow, Cranbrook EX5 7AY
1 bed 1 bath Apartment
Contemporary compact home with balcony, parking and strong transport links.
Top-floor one-bedroom with balcony and open-plan living space
Allocated off-street parking for one vehicle
Approximately 484 sqft — compact, efficient layout
Leasehold with c.114 years remaining
Service charge £1,188.17 per year
Ground rent £300 pa; increases by £150 in January 2035
Currently let at £850pcm — sold with sitting tenant
Community biomass heating; verify maintenance responsibilities
A well-presented top-floor one-bedroom apartment in Cranbrook offering compact, contemporary living and good transport links to Exeter. The open-plan sitting/dining/kitchen leads onto a balcony, while a large double bedroom includes a built-in wardrobe — an efficient layout for first-time buyers or buy-to-let investors.
Practical running costs are clear: the property is leasehold with approximately 114 years remaining, a service charge of £1,188.17 pa and ground rent of £300 pa (scheduled to rise by £150 in January 2035). The apartment is part of a modern development with double glazing, community heating (biomass scheme) and one allocated parking space.
Location is a key selling point — Cranbrook village amenities, primary and secondary schools, a nearby train station and fast access to the A30/M5 make commuting and renting straightforward. The apartment is currently let at £850pcm, making immediate rental income possible, though buyers should note it is being sold with a sitting tenant.
Size and condition are appropriate for compact living: around 484 sqft, standard ceiling heights and neutral contemporary finishes. Buyers should check the communal facilities and boiler/heating arrangements as part of standard due diligence.
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