1 bedroom flat for sale

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1 bedroom flat for sale

Water Lane, Exeter
£175,000

Price History

Initial price £185,000
08/04/25 £180,000
24/05/25 £175,000
Price Change -5.41%

Description

This beautifully presented first-floor apartment is situated on the edge of Exeter's historic Quayside, offering convenient access to riverside walks, cycle routes, and a range of independent traders, cafes, restaurants, and activity centers. The property is just a short distance from Exeter City Centre, major road links, and St Thomas Train Station. The apartment features a dual-aspect living/dining room, contemporary kitchen, double bedroom with fitted wardrobe, shower room, and electric heating. It also comes with an allocated parking space. The property is leasehold, with a remaining term of 125 years, and an annual service charge of £243.22 per quarter. The estimated rental value is £900 per calendar month, providing a gross rental yield of 5.8%. Internal viewing is highly recommended to appreciate all this wonderful property has to offer.