1-Bedroom Home with Private Garden & Parking – Moorhayes Development, Tiverton

Ideal for the first time buyer, looking to downsize or investor, this lovely one bedroomed modern terrace house is available on either a shared equity or full equity basis. The vendors are selling their 60% share with the remaining 40�ing rented from Sovereign Housing Association for £132.76 per month. This charge covers Ground Rent and Buildings Insurance with a further £23.61 per month to cover service and maintenance charges. We understand that the full equity and freehold can be purchased by staircasing the transactions together (on completion) at a combined purchase price of £150,000 if preferred.Located in the popular Moorhayes development, this one-bedroom property offers fantastic potential and is perfect for first-time buyers or those looking to downsize. With excellent transport links to the M5 and Tiverton Parkway train station, it’s ideally situated for commuters.

The home features a spacious open plan living and kitchen area, complete with two radiators, electric points throughout, a thermostat, and connectivity for internet and TV. A Vaillant boiler is installed, and the space includes a bay window and an additional rear-facing window, allowing for plenty of natural light. There is space for essential appliances such as a cooker and washing machine, as well as room for a small dining table.

The double bedroom is a generous size, with a built-in wardrobe, large rear-facing window, single radiator, and ample electric sockets. The bathroom includes a frosted window, low-level WC, hand basin, and a bathtub with handrails. It is partially tiled and has a radiator.

Upstairs, the landing area provides access to the bedroom and bathroom, with large double sliding storage doors housing the water tank and additional storage space. The entrance hallway contains a small radiator and the consumer unit.

Externally, the private rear garden is fully enclosed with a mix of brick wall and fencing. It includes a lawn, patio, and chipping area, along with a large shed and rear gate access to the front. At the front, there's a driveway offering off-road parking for one vehicle.

The property is in need of modernisation throughout, presenting a great opportunity to add value and personalise to your own style.