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ONE BEDROOM APARTMENT FOR SALE |
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Fairmead House, 12A The Orchard, Modbury, PL21 0NQAVAILABLE FOR SALE ONE BEDROOM APARTMENT ONLY £67,500 UNDER OFFER The Orchard is a select development of eighteen properties located betweeen Scalders Lane and Galpin Street, close to the centre of Modbury. The main access is from Scalders Lane (see plan for location). Fairmead House is located at the Northern end of The Orchard backing onto Galpin Street, alongside the footpath link to the town centre. It consists of five apartments - four 1 bedroom and one 2 bedroom penthouse. There is a car park in the front with one allocated space for each apartment.
Number 12A is a one bedroom apartment on the ground floor, and it has a lounge/dining room, seperate kitchen, bedroom and bathroom. The purchase price is £67,500 for a 50% share. Unlike other affordable home schemes, there is NO rent to pay on the non-purchased share. The inital qualification to purchase is you must live or work in the South Hams. The apartment is leasehold with 999 year lease, an allocated parking space and there is an annual ground rent to pay of £125. In addition to this, there is a service charge of £33/month which includes communal parts upkeep, cleaning, external maintenance and building insurance. Devon & Cornwall Affordable Housing CIC is the freeholder.
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