ABOUT THE PROPERTY

An attractive two double bedroomed coach house apartment with car port parking and driveway located within a small cul–de-sac within Raleigh Mead. The property is for sale as shared ownership at 50% value. We understand that there may be the option to purchase 100% of the property for £150,000.

The light and spacious accommodation comprises, an entrance hall with stairs rising to an open plan kitchen/dining and living room, two double bedrooms and a bathroom. There is a rear access to a store space beneath the stairs. front of the property.

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

THE AREA

South Molton itself offers an excellent range of everyday services including shops, schools and restaurants 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. £1,956 per annum.

EPC Rating - C

Tenure - Leasehold -  Available on a 50/50 shared ownership basis with Your Housing Group. The current rent for the 50% owned by Your Housing which includes building insurance is £349.50 per month. There is 105 years remaining on the current lease (correct at 2025).

Agents Notes 

We are advised by the vendor that 100% share of the property can be purchased for £150,000.

DIRECTIONS

From South Molton head west on the B3227 (West Street). Continue over the first mini roundabout and turn left into Raleigh Park. Take the third turning left into Raleigh Mead and continue into the development taking the first left hand turning. Continue to the bottom of this cul-de-sac and number 47 is on the right hand side.

What3Words Location - ///smug.blunders.began

Property Reference - #RS0653

IMPORTANT NOTICE

These sale particulars have been prepared as a general guide. They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you, please make contact prior to viewing the property. To the best of our ability we try to represent the property accurately and honestly. A purchaser must make sure they are satisfied with the property before agreeing to proceed.

A Property Information Questionnaire & Title Register are available to prospective purchasers before committing to proceed with a purchase. We are not legal experts, and you must seek and be guided by your own legal advice. Talk to us if there are any questions or concerns relating to the property.

COPYRIGHT © 2025 MICHAEL ADEY PROPERTY

Council Tax Band: B (North Devon Council)
Tenure: Leasehold (106 years)
Shared Ownership: 50% being sold, £349.50 per month rental payments
Ability to purchase 100% may be available - Price £150,000.
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Broadband: ADSL, FTTC