Many people refer to Exeter as the city in the country and that analogy is seemingly well deserved, as it offers a good mixture of employment opportunities and urban living, combined with a great quality of life.
Devon’s capital underwent a £100 million modernisation a short while ago and this is one of the reasons why Exeter is regularly commanding top spot in numerous quality of life surveys.
Something for everyone
Anyone searching for new homes in the Exeter area will find an excellent selection of varied accommodation in and around the city and there are attractions and places of interest within easy reach to add to the attraction of living in the area.
There are no fewer than 7 designated areas of outstanding natural within a 30 minute drive or train ride from Exeter and the Dartmoor National Park is included amongst these. With nearly 290 miles of heritage coastline to explore and at least 150 annual arts and cultural events to attend, it is clear that the area does offer something for everyone.
Bridging the age gap
Not every city manages to satisfy all age groups but Exeter appears to be doing just that, when you consider the diversity of the property market and the people living in around the city.
There is evidence of established affluence and prosperity with property in some areas such as St Leonard’s, commanding asking prices in excess of £1 million but with a healthy student population that exceeds 10,000, there is also a good range of more affordable accommodation in Exeter as well as some excellent new housing developments.
Another positive aspect that many Exeter residents tend to enjoy, is the fact that many areas are situated within a short walk from the city centre itself and it is perfectly possible to walk to many places rather than take the car.
There a good number of large local employers situated within easy commuting distance of Exeter or situated in the city itself, with the international airport, Met Office HQ and many different employers all offering an opportunity to pursue a career within the area.
Exodus from London
Exeter has always been an attractive proposition for people coming to the area from London and the South east and looking for holiday homes, but that has now become a permanent exodus for some families, as they search for a better quality of life.
It is estimated that about 60% of house-hunters in the Exeter area with a budget of £400,000 or more are people who come from the South East or are moving from overseas. Some come for the University, which is considered to be in the top 10 in the country, and then stay after they have graduated, whilst some workers, still commute to London but prefer to live away from the capital.
With a number of highly-regarded schools in the area and such a good road and rail network, it is easy to see why many consider Exeter to be such a great place to work and live.
Dylan Simmons has been keeping a keen eye on the property market for nearly a decade. A keen investor himself, Dylan also likes sharing his research and investment ideas online.