INTRODUCTION We are delighted to offer this excellent opportunity for a local buyer hoping to get onto the property ladder with a 65% share available in this modern, purpose built, first floor apartment on the edge of town. Boasting well-planned and easy to run accommodation, presented immaculately throughout, the property also enjoys allocated parking and occupies a quiet position within this popular residential development. Rarely available to the market, early viewings are encouraged to avoid disappointment.  

LOCATION This popular residential location is situated on the edge of East-The-Water within a tucked away cul-de-sac comprising a mixture of modern houses and apartments. There is a Tesco store close to hand whilst Bideford itself, offers an array of facilities & shops, pubs & restaurants and a regular farmers market on The Quay. The nearby coast is within touching distance with the quaint fishing village of Appledore, popular surf hot-spot of Westward Ho! and renowned village of Instow all just a short drive away. Barnstaple, the regional centre, is approximately 10 miles distant and from here there is a convenient route to the M5 motorway via the North Devon Link Road and a rail link to Exeter in the South.  

COMMUNAL ENTRANCE Welcomes you into the building providing stairs to the first floor.  

ENTRANCE HALL This inviting space welcomes you into the property and provides a useful airing cupboard.  

KITCHEN 9' 11" x 7' 6" (3.04m x 2.30m) Fitted with a range of work surfaces comprising a stainless steel sink and drainer unit with drawers and cupboards below and matching wall units over, built-in oven and hob with extractor over, built-in dishwasher, space for fridge/freezer, plumbing for washing machine and a view to the rear.  

DINING AREA 9' 11" x 8' 5" (3.04m x 2.57m) A superb social space being open to the kitchen.  

LOUNGE 14' 7" x 10' 4" (4.45m x 3.17m) A comfortable reception room with a Juliet balcony enjoying a view to the front.  

BEDROOM 11' 5" x 10' 8" (3.50m x 3.26m) A good sized double bedroom enjoying an outlook to the front.  

BATHROOM 8' 0" x 6' 2" (2.45m x 1.88m) Fitted with a white suite comprising a bath with shower over, low-level W.C and wash hand basin.  

OUTSIDE The property provides an allocated off-road parking space whilst to the rear is a communal garden area with communal store.  

SERVICES Mains electricity, water and drainage - air source heat pump.  

LEASEHOLD The property is offered with the remaining balance of the 125 year lease from the date of construction, circa 2010.  

AGENTS NOTES £78,000 is being offered for a 65% share in the property. There are rights to increase the percentage of ownership up to a potential 80%. The full market value of this property is £120,000.

The current rent on the 35% share held by Westward Housing as of the 1st October 2020 is £94.52 per month. The estate charge, buildings insurance and management fee as of the 1st October 2020 is £84.00 per month. (£178.52pcm total)
 

LOCAL OCCUPANCY Potential purchasers are advised that they will need to meet criteria and confirm eligibility to purchase with the Local Authority, for more information, please contact the team.  

ELIGIBILITY Prospective purchasers are advised that the need to be registered with Help to Buy South at: - - for more information, please speak to the team.
 

VIEWING Viewings by appointment only through Morris and Bott, Grenville Wharf, 6a The Quay, Bideford, EX39 2HW. [use Contact Agent Button].  

DIRECTIONS From Bideford Quay, proceed across the long bridge and at the mini roundabout take the first exit onto Barnstaple Street. Continue along this road and take the second turning on the right into Manteo Way. Continue up this road taking the second turning on the left into Watkins Way continue through the development with out deviation where Honey Close will be found towards the end. Turn into Honey Close and the apartment will be found straight ahead of you with a For Sale board will be found clearly displayed.