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Liberty Way, Exeter, EX2

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

INVESTMENT OPPORTUNITY - Situated within the ever-popular Newcourt development on the eastern side of Exeter, this beautifully presented two-bedroom first-floor apartment offers stylish, low-maintenance living in a highly convenient location. Ideally suited to first-time buyers, professional couples, investors, or those looking to downsize, the property combines spacious accommodation with excellent access to the city centre, major transport links, and a wide range of local amenities.

The apartment enjoys a bright and welcoming atmosphere throughout, with well-proportioned rooms designed to maximise natural light and everyday comfort. The heart of the home is the generous open-plan living and dining area, providing an ideal space for both relaxation and entertaining. Large windows create a light and airy environment, while the versatile layout offers ample room for both lounge furniture and a dining table.

The contemporary fitted kitchen is well equipped with a range of wall and base units, generous worktop space, and integrated appliance provisions, making it both practical and attractive for modern living.

The property boasts two bedrooms, including a spacious principal bedroom with plenty of room for wardrobes and additional furniture. The second bedroom is equally versatile and would make an excellent guest room, home office, nursery, or hobby room. A modern family bathroom completes the accommodation, featuring a stylish white suite and quality fittings.

Further benefits include double glazing, gas central heating, a favourable EPC rating, and an allocated parking space, together with additional visitor parking nearby.

Liberty Way forms part of the sought-after Newcourt community, renowned for its excellent connectivity and family-friendly environment. Residents enjoy easy access to Newcourt Railway Station, Digby & Sowton Station, the M5 motorway, Exeter Business Park, the Met Office, Royal Devon & Exeter Hospital, and the extensive shopping and leisure facilities available at Sowton and Exeter city centre. Attractive green spaces, cycle routes, and riverside walks are also close at hand, making this an ideal location for both commuters and outdoor enthusiasts.

This is an excellent opportunity to acquire a spacious and modern apartment in one of Exeter's most desirable residential locations. Early viewing is highly recommended to fully appreciate the accommodation, convenience, and lifestyle on offer.

Lease 125 years from 01/01/2008

Ground Rent: £225p.a

Service Charge: £1491p.a

Currently tenanted and achieving a rental of £820pcm, giving a gross annual yield of 6.56%.

EPC rating: B. Tenure: Leasehold, Service charge description: Westbury Homes Ltd,
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
1st floor

Liberty Way, Exeter, EX2

Approximate location

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Affordability

Monthly repayments£753
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Northwood, Exeter

5 Southernhay West, Exeter, EX1 1JG
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

With over 25 years experience in traditional property management, sales and financial services our Exeter team will be happy to help, whether you are looking to buy or let a property in the area or are looking to rent, you can be assured of our utmost attention at all times.

Northwood was founded in 1995 in Portsmouth, the Company boasts an ever-growing network of offices and this rapid growth is due to the high level of service offered to customers and the extremely professional way in which the company operates.

With our prominent location and prestigious office, our National network of branches, the quality of our property details and our internet advertising we are well placed to offer a truly comprehensive service.

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Disclaimer - Property reference P2894. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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