2 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- AFFORDABLE HOME
- 100% FREEHOLD POSSESION FOR 68% OF THE CURRENT MARKET VALUE
- TWO DOUBLE BEDROOMS
- OFF STREET PARKING FOR TWO VEHICLES
- ENCLOSED REAR GARDEN
- NHBC WARRANTY REMAINING
- EXCELLENT DECORATIVE ORDER
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 of 68% of the market value.
All subsequent sales prices to be 68% 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 £224,167
- The Discounted Sale Price shall not exceed £152,434
- Potential buyer(s) must be in Housing Need and must meet the Occupation requirements
- The Affordable Dwelling can only be occupied as a sole or main residence. It cannot be rented or a second home.
Upon entering the home, you are greeted by an inviting entrance hall, leading to a comfortable living room and an open-plan kitchen/dining area. The first floor accommodates two bedrooms and a bathroom. With the inclusion of double-glazed windows, a gas-fired central heating system, and an emphasis on energy efficiency in its design, the property ensures modern comforts.
The delightful rear garden encompasses both paved and lawned sections, and benefits from side access to the parking area and a useful storage area with a storage shed.
From our office, leave the Sqaure via Barnstaple Street and take the first left turn into West Street. After passing 2 mini roundabouts turn left at the next roundabout into Honeymead Meadows. Take the first left into Magdalene Way.
Rooms
Services
We understand all mains services are connected, telephone and broadband available.
Viewing
Strictly by appointment with the sole selling agent Webbers
CHECKLIST
Housing Need The potential buyer(s) must meet the following Housing Need provisions:
They are currently occupying accommodation that is sub standard and/or unsuitable for their requirements, including, but not limited to disrepair, overcrowding , unaffordable on the grounds of cost, tenure insecurity (e.g. have an assured short hold tenancy, at risk of homelessness, received notice to quit, have a temporary arrangement), lacking basic facilities (toilet, bathroom, kitchen), sharing basic facilities with any persons who are not in your intended new family household, unsuitable for their household’s health needs, need to move to give or receive support.
They have income, savings and capital that is too low to buy accommodation appropriate to their circumstances on the open market in South Molton.
Occupation of Affordable Dwellings requirement The potential buyer(s) must meet the following requirements:
They shall occupy the Affordable Dwelling as their sole or main (truncated)
Property information from this agent
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*DISCLAIMER
Property reference ITD240572. 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 Webbers - South Molton.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 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 March 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 December 13, 2017 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.