Summary - 45b, Lloyds Crescent EX1 3JG
2 bed 1 bath Flat
Affordable two-bedroom flat with balcony and low running costs — good for first buyers or investors.
Leasehold 2-bedroom flat, approximately 671 sq ft
Very cheap council tax band—low running cost
Mains gas boiler with radiators—central heating in place
Double glazing fitted before 2002 (may need updating)
Small balcony and separate outdoor storage room
Built 1950–1966; mid-century construction may need modernising
Area classified as deprived; average local crime levels
Low-to-standard ceiling heights; compact room layout
This two-bedroom leasehold flat in Lloyds Crescent offers an affordable entry into Exeter’s property market. The living space feels bright with modern laminate flooring and a small balcony for fresh air; the layout is straightforward and suits first-time buyers or buy-to-let investors looking for low-maintenance accommodation. Council tax is very cheap and there is no flood risk.
Built in the mid-20th century, the building has double glazing installed before 2002 and mains gas central heating via boiler and radiators. The apartment is an average size (approximately 671 sq ft) with relatively low-to-standard ceiling heights and a compact room count, making it manageable to run. An outdoor storage room adds useful space.
Buyers should note material considerations: the property is leasehold, the area is classified as deprived with average crime levels, and some elements (older glazing, mid-century construction) may benefit from updating or refurbishment. These factors affect long-term running costs and resale considerations but also present potential to add value through measured improvements.
For a buyer seeking an affordable, well-located starter home or a pragmatic investment, this flat provides immediate usability and clear scope for modernisation. Local amenities, schools with several ‘Good’ Ofsted ratings, and strong mobile and broadband connectivity make the location practical for everyday living.
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