Compact city flat with parking and long lease, ideal for investor or first-time buyer..
Central Exeter location, 5–10 minute walk to stations and High Street
Situated in the heart of Exeter city centre, this one-bedroom flat offers compact urban living with genuine rental and commuter appeal. The property occupies a Victorian building with high ceilings and characterful exterior details, while the interior provides practical accommodation: entrance hall, kitchen/diner, bedroom and bathroom within approximately 404 sq ft.
Practical strengths include off-street parking for one vehicle, an extremely long lease (circa 963 years) with share of freehold, fast broadband and excellent mobile signal — useful for professionals or students needing reliable connectivity. The location is a major draw: St David’s Station, Central Station, the High Street and Exeter Quay are all a short 5–10 minute walk away, supporting easy commuting and strong letting demand.
The flat is small and shows signs of age — the kitchen is compact and dated, presenting clear renovation potential. The local area is classified as a cosmopolitan student neighbourhood with high crime levels and relative deprivation; these factors may affect rental yields, resale and resident experience. Council tax is low, and there is no flooding risk.
This property will suit investors targeting central student or young-professional lets, or a first-time buyer wanting a city-base with parking and minimal lease concerns. Buyers seeking a quiet, suburban family home or a turnkey modern interior should expect to carry out some updating and take into account local crime statistics.