CHULMLEIGH | £71,600


**PART BUY/PART RENT** A rare opportunity to acquire a 40% share of a modern END TERRACE HOUSE situated on a new development of similar properties towards the outskirts of Chulmleigh offering attractively presented TWO BEDROOM accommodation including a modern Kitchen, a spacious Sitting Room, a Bathroom and a separate Cloakroom with dedicated off-road PARKING and an ENCLOSED GARDEN.
SITUATION Chulmleigh is a small but busy town set in the heart of rural Devon. It is the centre for an active and friendly community and offers a good range of local shops including a butcher, bakery, dairy, newsagent, hardware store etc, along with the excellent Chulmleigh Academy offering schooling from the ages of 3 to 16 years of age, health centre, dental surgery, Post Office, florist, churches, library, two public houses and a community run Sports Centre and a short 18 hole golf course. The market town of South Molton to the north and Crediton to the south both offer a more comprehensive range of facilities and the local railway station at Eggesford, 2 miles, provides a rail link between Exeter and Barnstaple. Road link is via the A377 or the North Devon Link Road, which can easily be accessed at South Molton. Barnstaple, North Devons regional centre, and the Cathedral and University city of Exeter both offer the wide range of shopping, amenities and facilities one would expect from the county’s principal town and city. Tiverton, the M5 motorway at Junction 27 and Tiverton Parkway station, which provides a fast Intercity rail link to London Paddington, are both approximately forty-five minutes drive. There is also an international airport at Exeter.

There are excellent recreational and sporting facilities in the area with a range of Leisure Centres at South Molton, Tiverton, Crediton and Barnstaple, near-by tennis courts and clubs, local rugby, football and cricket clubs, fishing in the rivers Taw and Torridge, further near-by golf courses at Libbaton, High Bullen and Down St Mary, excellent walking and riding in all directions, racecourses at Haldon Exeter and Newton Abbot, and sailing and watersports on North Devons scenic and rugged coastline, being approximately three-quarters of an hours drive.


DESCRIPTION 23 Ladywell Meadows is a modern end terrace property situated in a quiet cul-de-sac of similar properties just off a pretty central green towards the outskirts of the popular North Devon town of Chulmleigh. The property was completed to a high specification by Devonshire Homes in February 2017 benefitting from an excellent energy efficient rating and offering well presented two Bedroom accommodation including a good sized Sitting/Dining Room, a well fitted white gloss Kitchen and a downstairs Cloakroom. Modern refinements in quality 'Duravit' sanitary ware with stainless steel fittings, uPVC double glazed windows throughout and a 'Vaillant' air source heat pump system with radiators on the ground and first floor. Outside the property benefits from dedicated off-road parking for one car allowing access into enclosed garden creating an safe and secure environment for children and pets. 23 Ladywell Meadows is available for immediate occupation and offered with no on-going chain from the current owners so an early inspection is advised to avoid disappointment.

Agents Note: The property is LEASEHOLD with the balance of a 125 year lease which commenced on the 1st July 2017. The full value is £179,000 and a 40% share is available for £71,600. Stair-casing (i.e purchasing more shares) is unrestricted. The rent payable as at 8th April 2019 is £259.47per calendar month and includes buildings insurance and service charge

ENTRANCE From Ladywell Meadows, a tarmac pathway and stone steps lead up to a wood effect insulated fibre glass Front Door, opening into the

ENTRANCE HALL with doors off to the Kitchen, Living Room and Downstairs Cloakroom and easy turn stairs leading to the First Floor Landing. The Hall is finished with laminate flooring, smoke alarm, central heating control panel and radiator. On one side a built in cupboard houses the electric meters and fuse boxes.

CLOAKROOM Fitted with a matching white suite comprising a low level WC set below an obscure glazed window to one side; and a wall mounted wash hand basin with tiled splashback, stainless steel taps and mirror over. The Cloakroom is finished with an extractor fan.

KITCHEN A well fitted modern Kitchen including a range of modern white gloss units to three sides under a wood effect roll-top work surface including and incorporating a one and a half bowl single drainer stainless steel sink unit with mixer tap set below a uPVC double glazed window to the front. On one side there is a built-in stainless steel single oven and grill with inset four ring ceramic hob and stainless steel extractor fan over, set between a range of matching wall units. The Kitchen also benefits from space and plumbing for a washing machine and space and point for a fridge/freezer, track of four ceiling spot lights and lino flooring.

LIVING/DINING ROOM A good sized light and spacious dual aspect 'L' shaped Living/Dining Room with fully glazed window and French Doors to the rear overlooking and leading out to the garden. The Sitting Room also benefits from laminate flooring, Sky/TV points, telephone point and central heating thermostat. On one wall an under stairs cupboard provides useful storage space. Radiator.

STAIRS AND LANDING From the Hall, easy turn stairs with white painted wooden hand rail to one side lead to the First Floor Landing with doors off to all principal rooms, hatch to roof space, smoke alarm, extractor fan and radiator.

BEDROOM 1 A bright and airy double bedroom with large uPVC double glazed window to the front allowing far reaching views to the countryside in the distance, radiator, TV point, central heating control panel. In one corner a door opens to an over-stair cupboard housing the Vaillant pressurised hot water cylinder with control panel to one side.

BEDROOM 2 A good sized double bedroom with large uPVC window to the rear overlooking the garden with radiator below, TV point.

BATHROOM with partially tiled walls and matching white suite comprising a panel bath with stainless steel taps, 'Bristan' mixer shower over with shower screen to one side; a low level WC set below a sash and a wall mounted wash hand basin with tiled splash back and mirror over. The Bathroom is finished with an extractor fan, shaver point and lino flooring.

OUTSIDE From Ladywell Meadows and at the front of the house, a paved path and steps lead up to the front door, whilst at the side of the house a gravel path allows access to a wooden pedestrian gate into the enclosed Rear Garden which is mainly laid to lawn and bordered by wooden feather board fencing. Along one side a paved path leads through the garden to a wooden shed and a further wooden pedestrian gate at one end, which in turn opens out onto a communal parking area of which 23 Ladywell Meadows benefits from 1 dedicated car parking space. The garden also houses the Valliant air heat source pump unit.

SERVICES Mains electricity, mains water and mains drainage. Air Source Heat Pump providing domestic hot water and servicing radiators. Telephone connected subject to BT regulations.

VIEWINGS Strictly by appointment through the agent. Out of Hours Please Call 01769 580024 or E-Mail enquiries@keenors.co.uk

AGENTS NOTE The property is LEASEHOLD with the balance of a 125 year lease which commenced on the 1st July 2017. The full value is £179,000 and a 40% share is available for £71,600. Stair-casing (i.e purchasing more shares) is unrestricted. The rent payable as at 8th April 2019 is £259.47per calendar month and includes buildings insurance and service charge