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£280,000

Farringdon, Exeter, EX5

  • 2 beds
Flat

£280,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,278 per month

Minimum deposit amount:

£14,000
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This spacious and attractive ground floor garden apartment is converted from an outbuilding of Farringdon House, a wonderful Grade II Listed 18th century manor house. The apartment offers spacious free-flowing accommodation with a reception hall, cloakroom/WC, interconnecting and spacious sitting room, dining room and kitchen along with 2 double bedrooms and 4 piece bathroom. Outside there is pleasant enclosed garden and a single garage.

Although perfectly functional as a superb main residence, this cottage will undoubtedly appeal to investors and those looking for a holiday home / let opportunity.

SPECIFICATION

• 2 Double Bedrooms

• Kitchen

• Entrance Hall

• Open Plan Living Space

• Bathroom

• Separate WC Private

• Enclosed Garden

• Private Driveway

• Detached Garage

SITUATION

Farringdon is an easily accessible hamlet situated approximately 5 miles east from the Cathedral city of Exeter, Junction 30 of the M5 is approximately 4 miles away and provides easy access to the A38 Devon Expressway and the A30.

Exeter Airport is located close by with the popular east Devon coastal towns of Sidmouth, Exmouth and Budleigh Salterton all within a twenty minute drive. Nearby is Woodbury Common which has been designated an Area of Outstanding Natural Beauty and has an abundance of wildlife to explore.

AGENTS NOTES

The property has the benefit of a 999 year Lease from 1st January 2013. The freehold is owned by the first floor flat and in turn this property owns the freehold of the first floor flat.

We understand there are no service charges and maintenance is dealt with by agreement with the first floor flat owners. There is no gas connected to the property, the heating is mains electric, and the property is accessed by private estate roads.

There is also a private drainage system serving Farringdon Estate, which is in the process of being reviewed. Current annual maintenance charges for use of this by this property are £120 and which is paid in two instalments bi-annually.

Council Tax B. Energy Efficiency Rating: E

DIRECTIONS

From Exeter and Topsham, head towards Sidmouth along the A3052. Pass Crealy Park and The White Horse pub and take the next turning on the left hand side signed Exeter Airport. Follow this road for approximately one mile and on passing Farringdon House take the next turning on the left signed "The Drive". Follow this road around and High Cedars is on the left hand side, just before Bracken Court.



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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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