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Fixed price
£85,000

2 bedroom apartment for sale

Old Tram Drive, Roundswell, Barnstaple, Devon, EX31
Featured
Chain-free
Apartment
2 beds
1 bath
635 sq ft / 59 sq m
EPC rating: B
Added < 7 days

Key information

TenureLeasehold
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold
  • A well presented 2 bedroom ground floor apartment
  • 50% shared ownership
  • Sought after development
  • Remainder 10 year nhbc warranty
  • Gas fired central heating
  • Double glazing
  • Close to amenities
  • No chain
A rare opportunity to acquire a 50% share of this well presented 2 bedroom ground floor apartment, located in the popular and convenient location of Roundswell.

Benefiting from a remainder 10 year NHBC warranty, 2 bedrooms, open plan lounge/kitchen, bathroom & one allocated parking space. This is an ideal opportunity for first time buyers. Available with no onward chain.

AGENTS NOTE: The property's Leasehold would be shared with Heylo, with the new owner having a 50% share. Any prospective purchaser will be required to meet the requirements as set out by Heylo. Please enquire at the agents office for full details.

Key criteria are can be found below:

Buyers must be at least 18 years old.
- Buyers must have a total household income under £80,000 (£90,000 in London).
- Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information).
- Buyers are expected to use any savings and assets towards the purchase of their home. This may mean selling assets such as bonds, shares, land and any other financial investments.
- Buyers in receipt of benefits are eligible for Shared Ownership provided they meet the Homes England affordability assessment (not all benefits are eligible).
- Self-employed buyers must be able to provide 2-years evidence of their income.
- Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator.
- Shared owners must be first time buyers or: - Not currently own a home suitable for their housing needs.
- Sell a home not suitable for their housing needs before buying Shared Ownership..
- Buyers must have a minimum 5% deposit towards the share they are purchasing
- Buyers may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000). This may include: - Legal Fees - Stamp Duty Land Tax where applicable - Mortgage application fees - Valuation fees and any associated moving costs
From Barnstaple town centre continue over the Long Bridge and up Sticklepath Hill. Upon reaching The Cedars Inn roundabout turn left and at the next roundabout turn right, signposted to Holmacott and Eastleigh. Continue on this road following the chicanes until you reach the next roundabout. Take the third exit and continue down this road before turning left onto Claypits Road. Continue along where number 17 will be located in the block straight ahead of you with a for sale board clearly displayed. There is an allocated parking space located to the rear.

Rooms

Entrance Hall

Open Plan Lounge/Kitchen 6.73m x 4.11m

Bedroom 1
4.6m max x 2.84m

Bedroom 2 3.56m x 2.13m

Bathroom 2.13m x 1.7m

Tenure
Leasehold (Share of freehold) Remainder of 150 year lease commencing 1st January 2018 The new owner will own a 50% share. Any prospective purchaser will be required to meet the requirements as set out by Heylo. Please enquire at the agents office for full details

Service Charge
We have been advised £500 per every 6 months

Services
All mains services connected

Viewing
Strictly by appointment with the sole selling agent

Council Tax Band
B - North Devon District Council

Property information from this agent

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About this agent

Webbers - Barnstaple
Webbers - Barnstaple
39-41 Bautport Street Barnstaple EX31 1SA
01271 457937
Full profileProperty listings
Established in 1924, Webber's estate agents are a national award-winning, independent estate agency, voted in the Top 3 estate agents in the UK for customer service in 2014. We have 16 West Country offices for residential sales & lettings in North Devon, West Somerset, Exmoor and Cornwall. Our exclusive Fine & Country marketing enables us to put our property in Park Lane, right in the heart of London, offering fabulous market exposure. In addition, with specialist departments for Commercial Property, Survey & Professional and New Homes, we deliver a comprehensive property service, with an enviable reputation as professionals in property, the leading Barnstaple estate agents. The town of Barnstaple is situated on the banks of the River Taw and is surrounded by stunning countryside and coastline with some of the most popular beaches in the UK.  The town is the commercial heart of North Devon and offers shopping centres and national stores alongside family businesses, including the famous Pannier Market, giving visitors a real mix and variety.  The villages surrounding the town have differing styles of property with each village offering something unique to prospective buyers and, with excellent transport links and schools, Barnstaple remains one of the most popular locations in the South West.
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