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No longer on the market

This property is no longer on the market

EPC

2 bedroom terraced house

Sold STC
EPC rating: B
Energy efficient
Terraced house
2 beds
1 bath
624
EPC rating: B
Added > 14 days

Key information

TenureFreehold
Council taxBand B
Mobile signal
EEO2ThreeVodafone

Features and description

  • 2 Bedrooms
  • Mid Terraced
  • Private Driveway
  • Below Market Value
  • 68% of Market Value
  • Section 106 Agreement
  • 360 Virtual Tour Available

Video tours

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 (68%) of the Open Market Value at the time of the sale.
All subsequent sales prices to be 68% 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 £226,667

- The Discounted Sale Price shall not exceed £154,134

- 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.

27 Magdalene Way is a smart modern two bedroomed semi-detached with an attractive enclosed south facing rear garden and ample driveway parking. The property is located within a small collection of properties known as Magdalene Way forming part of the popular Honeymead Meadow development enjoying easy access to the town amenities.

Inside this well appointed home, is an entrance hall, living room, open-plan kitchen/dining room, cloakroom, two double bedrooms and a bathroom on the first floor. The property also benefits from double glazing, a gas fired central heating system and designed to be energy efficient.

The delightful rear enclosed south facing garden is paved with sandstone and benefits from a gated rear access to the driveway. 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 per annum)

EPC Rating - B

Annual Service Charge - Currently ranges between £20-£200 per annum.

Tenure - Freehold

Mobile & Internet - Visit OFCOM

DIRECTIONS

From South Molton head west on the B3227 (Nadder Lane) leaving the town. Continue to the third roundabout and turn left into Honeymead Meadow. Take the first left turning and the property is on the right hand side.

DIGITAL MEDIA

What3Words Location - ///accompany.someone.eyeful

360 VIRTURAL TOUR AVAILALBE

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
Parking options: Driveway
Garden details: Rear Garden

Property information from this agent

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About this agent

Michael Adey Property - South Molton
Michael Adey Property - South Molton
East Street South Molton, Devon EX36 3db
01769 307923
Full profileProperty listings
Welcome to Michael Adey Property - Estate Agent based in North Devon Are you looking to buy or rent property in North Devon, West Somerset or Exmoor National Park? If so, I can help. I have many years' experience helping clients to sell and find homes in the towns and villages, the coastal and rural communities of this wonderful part of the world, in which I have lived my whole life. So whether you are relocating, investing or looking to buy a second home, I can support you with specialist knowledge and advice on this area’s residential property market – from its flats and houses through to unique homes and smallholdings. Michael Adey Property brings a fresh, dynamic concept to property agency, allying modern marketing methods to the traditional values of expert local knowledge and experience, so you can maximise the value of your property.  My office is located in the historic and convenient market town of South Molton. Feel free to look around my website, contact me directly if you would like a chat or request a free, no obligation valuation.   Let me showcase your property and help you find your future home.
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