Features
- Below Market Value
- 70% of Market Value
- Freehold
- Two Double Bedrooms
- Private Driveway
- Semi-Detached
- 360 Virtual Tour Available
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%) of the Open Market Value at the time of the sale.
All subsequent sales prices to be 70% 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 £234,167
- The Discounted Sale Price shall not exceed £163,917
- 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.
Located within this desirable rural Devon village, is this beautifully presented and extremely spacious two double bedroomed semi-detached family home benefiting a large driveway and enclosed rear garden. This home is located on the edge off this modern development constructed by reputable local development firm Pearce Homes.
The property is just over 3 years old and carries the remainder of its 10 year NHBC warranty, designed to be highly energy efficient with air source heat pump. The light and spacious accommodation briefly comprises:- smartly appointed kitchen, cloakroom, good sized sitting room with patio doors to the rear garden. The first floor provides a two well proportioned double bedrooms together with a family bathroom.
Approached via a shared brick paved driveway, number 15 benefits from a large private drive being situated in a corner plot. To the rear is a fully enclosed and generously sized lawned garden enclosed by stone wall and fence with gated pedestrian access.
St Mary’s Close is a smart private development of just 20 dwellings of traditional construction. A wide opening adjoining number 5 provides covered parking beneath the car port with power, light and tap connected. A side gated access leads to the rear enclosed level garden laid to paving with two sets of French doors to both the kitchen/dining and living rooms.
For layout and approximate room measurements please see the enclosed floorplan and Virtual Tour.
THE AREA
Bishops Nympton is a superb Devon village surrounded by unspoilt countryside yet within easy access to the A361 and close to the historic market town of South Molton. The village benefits from a well regarded primary school, historic church and a community run village shop and club.
South Molton 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
We understand that the property is connected to mains electricity, water and drainage. External Air Source Heat Pump providing the hot water and central heating.
North Devon Council – Band B (approx. £1,956 per annum)
EPC - B 85/111
Tenure - Freehold
Mobile & Broadband - Visit OFCOM
DIRECTIONS
From South Molton, leave the town on the B3227 and continue for 1.6 miles turning right signed Bishops Nympton. Continue up the hill and take the next right turning to Bishops Nympton, following the road into the village. St Mary’s Close is the third entrance on the left hand side. Follow the road into the development and take the next right turning, number 15 is on at the end on the right hand corner.
What 3 Words Location - ///splinters.narrates.neckline
DIGITAL MEDIA LINKS - CLICK
VIRTUAL TOUR AVAILABLE
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: Freehold
Electricity supply: Mains
Heating: ASHP
Water supply: Mains
Sewerage: Mains
Reference: RS0738