EXETER IN BRIEF

Royal Clarence Hotel developer asks £20.5 million for city centre apartment blocks

Leigh Curtis

Two luxury city centre apartment blocks are being advertised for sale by Nooko, the developer responsible for renovating the Royal Clarence Hotel.

The company is seeking £13.5 million for Paternoster House, which it described as a “blueprint for Exeter’s future”, where several of the 29 flats in the block are currently being marketed to rent for between £1,950 and £2,383 per month.

It is also looking to sell Concord House, a nearby block of 28 flats in South Street, for £7 million.

A two-bed flat there is currently being marketed to rent for £2,167 per month. Both sale advertisements claim that the buildings are fully let.