Guide Price £245,000Request a viewing
Communal entrance and lift
Impressive sitting room with views
2 double bedrooms
No onward chain
From Exeter and Topsham proceed onto the Sidmouth Road (A3052) towards Sidmouth and Crealy Adventure Park. Pass Crealy and the White Horse pub and take the left turn signposted Farringdon/Exeter Airport. Follow this for about a mile and the entrance to Farringdon House will be found on the left. Follow the large gravelled drive, keep to the right and you will arrive right outside the main entrance.
Farringdon is an easily accessible hamlet situated approximately 7 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 approximately twenty minutes’ drive.
Farringdon House is a beautiful Grade II Listed building located on the Eastern edge of Exeter, not far from the airport although it is not affected by the flight path. In its heyday the house formed part of an Estate of around 10,000 acres and today has been divided into apartments with the use of the formal grounds. Apartment 8 is located on the first floor and enjoys fine views over the grounds. The principal feature is a wonderful light and bright sitting room with a high ceiling. There are two double bedrooms, a bathroom, separate WC and a kitchen. Outside, the communal grounds extend to approximately six acres, and the apartment has an allocated parking space. Access to the first floor is provided by a lift and stairs.
|Communal stairs and lift to first floor.|| Door to…|
|ENTRANCE HALL|| Night storage heater. Telephone entry system. Cupboard housing the Mains switch and electric meter.|
|KITCHEN||15' x 7'6" (4.57m x 2.29m). Comprising a range of matching units including an integrated fridge. Electrolux single oven with 4-ring electric hob and extractor above. One and a half bowl sink unit with roll edged worksurfaces. Space and plumbing for washing machine. Electric heater. Window with secondary glazing.|
|SITTING ROOM||21'9" x 19'11" (6.63m x 6.07m). Spacious room with two secondary glazed windows providing superb views over communal grounds. Two night storage heaters. Television aerial point.|
|INNER HALL|| Electric heater. Coats hanging space. Airing cupboard housing the hot water tank.|
|BEDROOM 1||16'2" x 12'4" (4.93m x 3.76m). Secondary glazed window with views over communal gardens. Electric heater. Double and single wardrobes. Television aerial point.|
|BEDROOM 2||13'4" x 11'1" (4.06m x 3.38m). Secondary glazed window with lovely views over communal grounds. Electric heater. Double and single wardrobes.|
|BATHROOM|| Comprising a white suite including a panelled bath, separate tiled shower cubicle with a Mira Sport shower, pedestal wash hand basin and WC. Electric heater. Extractor. Shaver light. Heated towel rail.|
|CLOAKROOM|| WC and pedestal wash hand basin.|
|Outside|| A large benefit to the property are the fabulous 6.5 acres of communal grounds with seating areas, ponds and a variety of trees and shrubs.|
|AGENT'S NOTES:|| The Vendor advises that the property is subject to a 999 year lease from 1st January 1999, which includes 1/11 Share of Freehold. |
The Vendors inform us that maintenance / service charges are currently £250 per calendar month, which includes a contribution towards the buildings insurance. Ground rent is £10 per annum.
Please note, as stated in the lease, there is a restriction on pets.
Also, the agents understand that the property currently uses a private drainage system shared with a number of properties, with discussions taking place to either upgrade the system or connect to the Mains. As a result the Vendors have agreed to leave a retainer with their Solicitor (amount to be agreed) to cover the costs of any future costs to a buyer in relation to upgrading the drainage.
|SERVICES:|| Mains electricity, private drainage, mains water and telephone.|
|LETTINGS NOTE:|| Wilkinson Grant lettings department would consider the rental value of this property to be in the region of £825pcm which should give you a gross yield of 4.04%. For further information on this or any property letting or management matters, please contact a member of our Lettings Department on 01392 455920 and they will be only too happy to assist with your enquiry.|
Share of Freehold