Summary - Elm Grove, Exmouth, Devon, EX8 EX8 1DJ
2 bed 1 bath Not Specified
Central, low‑maintenance flat with parking ideal for first homes or lettings.
First-floor two-bedroom apartment with open-plan living space
Allocated undercroft secure parking and lift access
Share of freehold; 999-year lease from 2020
Service charge approx. £1,501.50 pa; review Jan 2026
High flood risk for the location
Local crime levels recorded as very high
Electric room heaters only; potentially higher running costs
Holiday use permitted but no pets allowed
A bright two-bedroom apartment on Elm Grove offers low-maintenance coastal living close to Exmouth town centre and the beach. Set on the first floor of a modern mid-terrace building, the open-plan living area and large windows create a light, contemporary feel ideal for a first home or a rental investment.
Practical positives include a 999-year lease with share of freehold, an allocated undercroft parking space and lift access. The building is managed with an estimated service charge of £1,501.50 per year (next review January 2026) and council tax is described as affordable, keeping ongoing ownership straightforward.
Buyers should note material negatives: the property sits in a high flood-risk area and the local crime rate is recorded as very high. Heating is by electric room heaters, which can mean higher running costs compared with gas central heating. Holiday use is permitted but pets are not, which may affect some tenants or owners.
Overall this is a modern, well-presented flat that suits first-time buyers seeking a central coastal base or investors targeting holiday-let or long-term lettings, provided they are comfortable with the flood risk, local crime figures and the service charge.
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