Summary - 3 North Gate House, Northernhay Gate EX4 3SA
1 bed 1 bath Apartment
Characterful one-bed city-centre flat with mezzanine — long lease, strong rental potential..
- Central Exeter location, minutes from train station and shops
- High ceilings, large windows and mezzanine increase usable space
- Compact 345 sq ft one-bedroom apartment, small overall size
- Long lease (179 years remaining) and low ground rent (£10)
- Service charge ~£2,718.48 per year; EPC rating D
- Broadband speeds reported as very slow; limited connectivity
- Building is solid brick with assumed no wall insulation
- Local area: very high crime levels, student-heavy neighbourhood
A compact, characterful one-bedroom apartment in the heart of Exeter city centre, set within a converted Victorian building close to Northernhay Gardens and the central train station. High ceilings, large windows and a mezzanine create an airy feel across the apartment’s 345 sq ft, while the modern fitted kitchen and shower room mean the property is move-in ready.
This location sits within a cosmopolitan, student-dominated neighbourhood which supports strong rental demand and convenience for commuters. The long lease (179 years remaining) and low ground rent support long-term ownership or letting; council tax Band A keeps running costs low.
Practical considerations: the building is solid brick with assumed no wall insulation, EPC D and broadband speeds are very slow. Service charges average £2,718.48 per year and crime levels in the immediate area are very high — both important for owner-occupiers and investors to weigh.
Overall this is a good option for a buy-to-let or a city-base for a professional or student seeking central location and period character, with modest scope for refurbishment to improve energy performance and rental yield.
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