Skip to main content
EPC
Popular
Total views:  2500+
Shared ownership
£75,000

2 bedroom apartment for sale

Raleigh Mead, South Molton
Apartment
2 beds
1 bath
731
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 50% share | rental £349.50pcm | 106 yrs left
Council taxBand B
Mobile signal
EEO2ThreeVodafone

Features and description

  • Driveway & Car Port
  • 50% Shared Ownership
  • First Floor Apartment
  • 2 Bedrooms
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.

Property information from this agent

Visit agent website

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.
... Show more

See more properties like this

*Disclaimer and call rate information...