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:
https://checker.ofcom.org.uk/

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.