Drake Avenue, Ivybridge, Devon

A spacious three-bedroom terraced townhouse arranged over three floors, enjoying outstanding views towards Dartmoor and offered for sale with no onward chain. Available on a 40% shared ownership basis, this is a fantastic opportunity to purchase a generously proportioned home in a popular part of Ivybridge.

The accommodation begins with an entrance hallway leading into a comfortable lounge. An inner hallway provides access to the downstairs WC and stairs to the first floor before continuing through to the kitchen/dining room at the rear.

The kitchen/diner offers plenty of room for a dining table and makes a great everyday family space. Double doors open directly onto the level rear garden, where the outlook is a real highlight, with fantastic far-reaching views towards Dartmoor.

On the first floor are two double bedrooms together with a fitted family bathroom. The entire top floor is dedicated to the principal bedroom, creating an impressive and spacious room with excellent additional storage.

Outside, the level rear garden provides a lovely place to sit, entertain and enjoy the views. The property also benefits from two allocated parking spaces conveniently positioned very close to the house.

Located on the popular western side of Ivybridge, the property is particularly well placed for everyday life, with local shops, a primary school and park all within walking distance. Ivybridge town centre and its wider range of shops, cafés and amenities are also easily accessible, while Dartmoor and the surrounding South Hams countryside are close by.

The property is double glazed throughout, benefits from gas central heating and is offered with no onward chain.

With three double bedrooms, accommodation arranged over three floors, a level garden, two parking spaces and those wonderful Dartmoor views, this is a home offering excellent space in a really convenient location.

A 40% share of the property is offered for sale under a shared ownership scheme.

To be eligible for Shared Ownership, applicants must have a household income below £80,000 per year, be unable to purchase a suitable home on the open market, and have sufficient savings or access to funds for a deposit and associated buying costs. Applicants must not currently own another property, unless sold subject to contract.

Section 106 Local Occupancy Restriction

The property is subject to a local occupancy restriction. Eligible purchasers must be unable to secure suitable open-market accommodation in South Hams and meet the relevant local connection criteria, such as residence, family connection or qualifying employment within South Hams.

Purchasers should confirm their eligibility under the Section 106 Agreement and South Hams Local Allocation Policy.

MATERIAL INFORMATION

Verified Material Information

·         Council Tax Band: C

·         Tenure: Leasehold

·         Lease Length: 199 years from and including 15/10/2021

·         Shared Ownership: 40% Share

·         Rent: £376.98 pcm

·         Service Charge: £16.97 pcm

·         Buildings Insurance: £15.64 pcm

·         Property Type: Townhouse 

·         Energy Performance Rating: B

·         Electricity Supply: Mains Supply

·         Solar Panels: No

·         Water Supply: Mains Water Supply

·         Sewerage: Mains Supply

·         Heating: Gas Central Heating

·         Mobile Coverage: O2 - Excellent, Vodafone – Excellent, Three - Good, EE – Good

·         Broadband: Cable

·         Parking: Two Allocated Parking Spaces

To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document.

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