3 bed semi-detached house for sale

45% Shared Ownership - Carrick Mill, Topsham, Exeter EX3

A beautifully presented three-bedroom semi-detached home, available to purchase on a 45% shared ownership basis.

Built by Strongvox Homes, the property forms part of an attractive development of just 28 homes, arranged around a landscaped communal green with additional visitor parking available.

Situated just off Newcourt Road in the sought-after estuary town of Topsham, the property enjoys a highly desirable setting. Renowned for its rich maritime heritage and charming character, Topsham offers an appealing mix of period architecture and contemporary homes. The town boasts an excellent range of amenities including independent shops, cafés, restaurants, pubs, churches, a primary school, a bowling club and a sailing club. Topsham Railway Station provides convenient links to both Exeter and Exmouth.

The accommodation is light, spacious and well presented throughout. The ground floor comprises an entrance hall, cloakroom, modern fitted kitchen, and a generous living/dining room with direct access to the rear garden. On the first floor are three double bedrooms and a stylish family bathroom.

Outside, the enclosed rear garden is predominantly laid to lawn and extends around the side of the property, creating a larger-than-average outdoor space. A paved pathway provides access to the front of the house, and there is also a useful garden shed for storage.

To the front of the property are two allocated parking spaces arranged in tandem.

Early internal viewing is highly recommended.

Shared Ownership

This is a shared ownership property with Sovereign Network Group, and the price advertised is for a 45% share. The advertised price is based on an independent RICS valuation and is not negotiable. No sale can proceed without Sovereign Network Group approval.

All shared ownership purchasers must:
•Have a household income below £80,000 per year
•Not own any property or land
Be:
•A first-time buyer; or
•Have no property to sell; or
•Be sold subject to contract
•Be aged 18 or over
•Occupy the property as their sole and principal residence

•Full Market Value: £430,000.
•Share for Sale: 45.00%
•Share Price (Resale): £193,500.
•Monthly Rent: £547.58
•Monthly Service Charge: £31.39
•Staircasing Restriction: Min 10, Max 25% increments, final min 10%
•Local Connection Requirement: No
•Nomination Rights Apply: No

Material Information

Agents Note: Solar panels are installed on the roof of the property.
Construction notes: Brick.
Utilities: Mains gas, electricity, water, and drainage. Current broadband provider: Vodafone.
Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site.

Leasehold Information

Length of Lease: 990 years from and including 2 September 2022
Monthly Rent payable to Sovereign Network Group: £547.58
Monthly Service Charge payable to Sovereign Network Group: £31.39
Service Charge Review Period (Year/Month): Annually

Referral Fee Disclosure

We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.