A rare opportunity to acquire a 50% share of this spacious, 2 Bedroom, Ground Floor apartment situated in a popular residential area and with the added benefit of no onward chain. The property itself comes with gas fired central heating and UPVC double glazing throughout complemented by a sizeable Master Bedroom and a spacious Living Room with French doors leading out onto a Balcony. This is a fantastic opportunity for anyone looking to get onto the property ladder and shared ownership properties have proved to be very popular so please do not hesitate to arrange a viewing.
Entrance Hall Wooden flooring, radiator. Door to storage cupboard. Door to airing cupboard.
Bedroom 1 12'1" x 11'9" (3.68m x 3.58m). A spacious double Bedroom with UPVC double glazed window to front elevation. Fitted carpet, TV point, deep built-in wardrobe, radiator.
Bedroom 2 8'6" x 8'7" (2.6m x 2.62m). A light and airy double Bedroom with UPVC double glazed window to rear elevation. Fitted carpet, radiator.
Bathroom 6'4" x 8'6" (1.93m x 2.6m). A modern 3-piece suite comprising low level WC, wash hand basin and bath with electric shower over. Extractor fan, shaver point, radiator. Obscure UPVC double glazed window to rear elevation.
Kitchen 8'7" x 10'2" (2.62m x 3.1m). Stainless steel sink unit inset into worktop surface with wooden fronted storage cupboards below and above. Built-in 4-ring gas hob with extractor over, built-in oven, plumbing for washing machine, space for fridge / freezer. Cupboard housing gas fired combination boiler, wooden flooring. UPVC double glazed window to rear elevation.
Living Room 15'2" x 13'8" (4.62m x 4.17m). A spacious, open-plan Living Room with UPVC double glazed window to front elevation. Wooden flooring, 2 radiators, TV point, telephone point. French doors leading onto Balcony.
Outside An allocated parking space is located nearby. There are also visitor's parking spaces.
Agents Notes Total value of the property is £130,000. A 50% share is £65,000. The remaining share is owned by Westward Housing Group.
There are possible staircasing rights to increase the percentage of ownership up to a potential maximum of 100%.
The property is being offered on the open market with approximately 119-years remaining on the original 125-year Lease.
Rental Charge including maintenance, service charge and buildings insurance - £216.07 per calendar month.
Any interested purchasers need to be registered with Help to Buy South West and to be accepted onto the register must adhere to the following criteria;
They do not own their own property
They do not earn more than £60000 per year
They are over the age of 18
They have local connections to the Torridge area
If a potential purchaser does currently own a property then they are advised to contact Help to buy South West so that the available options can be explained to them.
Help to Buy South West, Templar House, Collett Way , Newton Abbot , TQ12 4PH Tel 0300 100 0021 / www.helptobuysw.org.uk / www.helptobuy.org.uk
From Bideford Quay proceed across the Old Bideford Bridge and at the roundabout take the left hand turning in the direction of Barnstaple. Take the second right hand turning onto Manteo Way and take the second left hand turning into Watkins Way. Follow this road for a short distance where number 46 will be situated on your right hand side in a block of apartments with a For Sale board clearly displayed.