St Pauls Close, Exeter

FULL DESCRIPTION A wonderful opportunity to purchase a 40% share of this spacious two-bedroom apartment, situated within easy reach of Exeter city centre, the RD&E Hospital and excellent transport links. Presented in excellent condition, this lovely home benefits from a private balcony, two communal garden areas, bike storage and solar panels which assist with heating the property's hot water.
The property is currently enjoyed as a fantastic family home and offers bright, well-proportioned accommodation throughout.
Accommodation
Upon entering the communal building, stairs lead to the first floor where the property can be found. The apartment opens into a spacious entrance hallway, providing useful space for coats, shoes and additional storage. The hallway also provides access to all rooms.
The heart of the home is the impressive open-plan living, dining and kitchen area. This bright and airy dual-aspect room provides an excellent space for both everyday family life and entertaining.
The modern kitchen offers a good range of storage and worktop space, with ample room for appliances and all the essentials. A large window provides plenty of natural light, while to the opposite side of the room, French doors open directly onto the private balcony.
The remaining space comfortably accommodates both a dining area and a generous living room, creating a versatile and sociable space with a lovely sense of light and openness.
There are two well-proportioned double bedrooms, both offering excellent space for furniture and storage.
Completing the accommodation is a fully fitted bathroom, comprising a white suite with WC, wash hand basin and bath with shower over.
Outside
The property benefits from a private balcony, providing a pleasant outdoor space to enjoy.
There are also two communal garden areas, including a large grassed area which provides plenty of space to relax and enjoy the outdoors. A nearby wood park/climbing area is also particularly useful for families with children.
Further benefits include a communal bike storage shed and solar panels installed on the roof, which help heat the property's hot water.
Location
The property is ideally located just minutes from Exeter city centre, offering an excellent range of shops, restaurants, cafés, leisure facilities and everyday amenities close by.
The Royal Devon & Exeter Hospital (RD&E) is also within easy reach, while the property benefits from excellent transport connections, with convenient access to both the M5 and A30.
Shared Ownership
40% ownership of the property is being offered for sale. The purchaser will have the opportunity to staircase and increase their ownership share up to 100%, subject to the relevant shared-ownership terms and conditions.
This is an excellent opportunity to acquire a spacious and well-presented two-bedroom home in a convenient Exeter location, with the added benefits of outdoor space, balcony, bike storage and solar-assisted hot water.
MATERIAL INFO # Verified Material Information

Costs and tenure

Tenure: Leasehold
Lease length: 110 years remaining (125 years from 2011)
Shared ownership: 40% owned
Council tax band: B
EPC rating: B

The building

Mid-terrace flat, standard construction
Accessibility adaptations: None

Services

Mains electricity
Solar panels installed
Mains water
Mains foul drainage
Mains surface water drainage
Mains gas central heating
Heating features: Double glazing and solar water
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 good, Vodafone good, Three good, EE great
Parking: Allocated
In a controlled parking zone
No disabled parking available

Risks and restrictions

Not a listed building
Not in a conservation area
No tree preservation order
Title register restrictions (DN620860):
- The owner cannot sell or transfer the property without a certificate confirming that certain rules in the lease (specifically clause 3.19.1) have been followed.
- The lease contains rules that limit the owner's ability to sell, sub-let, or share the property with others (known as alienation).
- There are restrictive covenants (legal promises not to do certain things) contained in a 1931 Conveyance, which were later updated by a 2010 Deed.
- There are further restrictive covenants set out in a Transfer document from April 2010 that limit how the land can be used.
Non-coal mining area: yes
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.