No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Fixed price£129,309
Added > 14 days

2 bedroom apartment for sale

Oaktree Road, South Molton
Virtual tour
Chain-free
Sold STC
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Apartment
2 bed
2 bath
EPC rating: B*
764 sq ft / 71 sq m

Key information

Tenure: Freehold
Council tax: Band B
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • No Onward Chain
  • Below Market Value
  • Spacious First Floor Apartment
  • Two Double Bedrooms
  • Freehold
  • Private Driveway & Garage
ABOUT THE PROPERTY

PLEASE NOTE: This property is a Discounted Sale property subject to a Section 106 agreement, meaning an Affordable Dwelling Unit where 100% of the equity is to be sold at a Discounted Price. All subsequent sale prices of the property are to be a fixed percentage (70.5%) of the Open Market Value at the time of the sale.

- All subsequent sales prices to be 70.5% of the Open Market Value of the property at the time of sale, subject to North Devon Council approval.

- The current Open Market Valuation (OMV) is agreed to be £183,417.

- The Discounted Sale Price shall not exceed £129,309.

- Potential buyer(s) must be in Housing Need and must meet the Occupation requirements.

34 Oaktree Road is a smart modern two bedroomed first floor coach house style apartment with driveway to the rear for one vehicle and integral single garage. The property is located within a short distance to access the town amenities. It also benefits from no other dwellings above or beneath and just further garaging to neighbouring properties.

Inside this well appointed home, is an entrance hall with door to garage, stairs to first floor which provides open plan kitchen/living room, two bedrooms, one with en-suite shower room and separate family bathroom. The property also benefits from double glazing, a gas fired central heating.

For layout and approximate room measurement please see the enclosed floorplan. Virtual Tour Available.

THE AREA

South Molton itself offers an excellent range of everyday services including shops, schools, restaurants, and bank, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital. The town also enjoys a traditional country pannier market twice weekly.

SERVICES & OUTGOINGS

The property is connected to all mains services

North Devon Council - Band B (Approx. £1,862.62 per annum) 2024/2025

EPC Rating - B

Annual Service Charge for development maintenance - Currently at approx. £135.00 per annum.

Tenure - Freehold (3 leasehold garages beneath for neighbouring properties)

Broadband & Mobile Signal:

DIRECTIONS

From South Molton head west on the B3227 (Nadder Lane) leaving the town. Continue to the third roundabout and turn left into Oaktree Road/Honeymead Meadow. Continue along this road and number 34 is on the right hand side just before the play park.

DIGITAL MEDIA

What3Words Location - ///responses.snacking.goes

360 VIRTURAL TOUR AVAILABLE

Council Tax Band: B (North Devon Council)
Tenure: Freehold
3 x leasehold garages beneath for neighbouring property.

Places of interest

    Welcome to Michael Adey Property - Estate Agent based in North Devon Are you looking to buy or rent property in North Devon, West Somerset or Exmoor National Park? If so, I can help. I have many years' experience helping clients to sell and find homes in the towns and villages, the coastal and rural communities of this wonderful part of the world, in which I have lived my whole life. So whether you are relocating, investing or looking to buy a second home, I can support you with specialist knowledge and advice on this area’s residential property market – from its flats and houses through to unique homes and smallholdings. Michael Adey Property brings a fresh, dynamic concept to property agency, allying modern marketing methods to the traditional values of expert local knowledge and experience, so you can maximise the value of your property.  My office is located in the historic and convenient market town of South Molton. Feel free to look around my website, contact me directly if you would like a chat or request a free, no obligation valuation.   Let me showcase your property and help you find your future home.

    See more properties like this:

    *DISCLAIMER

    Property reference RS0408. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Adey Property - South Molton.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 14, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 14, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on March 19, 2020 from 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.