Properties for sale in Exeter represent a smart move, according to the Daily Telegraph. The newspaper has just released its list of the top 10 places to buy in the UK, and Exeter came in 3rd place.
Over the next few weeks, we’ll be taking an in-depth look at more of the locations on the list, including: Aberdeenshire, Corby, Yorkshire market towns, Oxford, Newport and Central Birmingham.
Here, we take a look at Exeter properties for sale and identify the city’s amenities and transport links.
What’s so Great About Exeter?
So, what makes the county town of Devon one of the best places to buy in the UK? Affordability, fast train services, easy access to the M5 and a location which blends town and country all add up to make Exeter properties for sale desirable.
Here, you’ll find a city centre which combines the historic and the contemporary perfectly. Modern shopping facilities combine with vintage stores and cobbled streets. There are plenty of restaurants, bars and pubs along with a couple of nightclubs. There are also some fantastic theatres, including the Corn Exchange, Northcott, Phoenix, Barnfield and Cygnet.
Exeter properties for sale are also ideal for those who love the great outdoors. Situated on the River Exe, it’s close to Dartmoor National Park and two spectacular coastlines.
It’s a county town with a well-regarded university and is reportedly one of the most profitable places for a business to be located.
Property Types
Many properties for sale in Exeter are Georgian. The town is famous for its grand Georgian architecture, so you can expect to find period conversions and terraced houses aplenty. Having said that, it was bombed during WWII, so there are mid-20th century semi-detached houses here too, along with a number of new developments.
Property Prices
Cheaper than Clifton in Bristol but nowhere near as expensive as London! Exeter properties for sale start at around £95,000 for a one bedroom flat and go right up to £1.5million for six and seven bedroom Grade II listed buildings set in acres of land.
The vast majority of properties for sale in Exeter are either flats or terraced houses.
A typical two bedroom flat in a modern development close to or in the city centre currently costs around £150,000. Try the King’s Heath area for starters. Go over to the St James area and prices are lower, around £117,000.
Waterfront flats are popular but do come at a premium. You can expect to pay around £270,000 for a two bedroom flat overlooking the waterfront.
If you’ve got a cool £500,000 to spend, snap up a three bedroom penthouse in Bedford house at Princesshay.
A new build three bedroom terrace typically costs around £200,000, as does a similar sized Victorian terrace with bay windows in the popular area of Mount Pleasant. Stoke Hill and Hill Barton are slightly less expensive areas, with modern terraces going for £185,000.
Meanwhile, a four bedroom Grade II listed town house on Friars’ Walk near Exeter Quay costs around £400,000.
Transport Links
In addition to being just off the M5, Exeter is served by fast and frequent trains to Bristol, Reading and London Paddington. It’s also got its own airport, which is the base of budget airline Flybe. Exeter is relatively easy to navigate, although roads do tend to get congested.
Check the My Homes Unlimited listings for a wide range of properties for sale in Exeter.