Property Description
Data accuracy has been partially verified for this property. More info on modelled data points below.
Our analysis
Welcome to Marsh Mill Court, Exeter, a cozy and compact type home with 2 bed in the EX5 5AB area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .
This classic property was built
The local area is known for its high value-to-quality ratio -
with a market valuation of £137,500 and a rental potential of £894 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to May 11, 2011. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
"**Likely £675 PCM IN RENT = 6.48% RETURN** Idyllically located ground floor 2 bedroomed apartment WITH GARAGE, lovely riverside setting in former mill building, SWEEPING GARDENS & GROUNDS, quiet rural setting yet very convenient for Exeter or Crediton - IDEAL FTB, RETIREMENT OR INVESTMENT
2 Bedrooms, Bathroom, Lounge/Dining Room, Kitchen, Beautiful Communal Gardens, Garage, Parking
DESCRIPTION
This excellent ground floor apartment is idyllically located in a picturesque riverside setting, in arguably one of the best positions in this most attractive former mill building in the small village of Half Moon. It is extremely accessible for commuting to Exeter and Crediton, which are both within a short and easy drive along the A377. The property is set in magnificent gardens and grounds with lawns sweeping down to the lovely river Creedy.
The apartment offers well presented 2 bedroomed accommodation with uPVC double glazing and off-peak electric heating, plus a well proportioned living/dining room, fitted kitchen, a recently fitted white bathroom, and it benefits from having its own front door (no internal communal areas as many properties of this type have).
There is a large car park serving Marsh Mill Court which has recently been resurfaced, and provides ample parking for residents and visitors. There are 2 spaces conveniently located immediately outside of the flat which the present owners tend to park in. The apartment also benefits from its own garage located in a block.
OUTGOINGS
We are informed that the Management Charges for the current year are currently £269.34 per quarter, which may be reviewed annually at the management committee meeting for all owners, held around end October. We understand from the vendor that these charges cover costs including buildings insurance, any communal lighting and cleaning, garden maintenance, building and communal areas refurbishment and repairs.
TENURE
Leasehold, with remainder of 999 year lease from approx 1980.
DIRECTIONS
From Crediton take the A377 main road towards Exeter for about 6 miles until arriving in the village of Half Moon. In the centre of the village take the private driveway on the left market "Marsh Mill only", and Marsh Mill Court will be found at the bottom of the driveway.
From Exeter, take the A377 towards Crediton. On entering Half Moon take the first turning right marked 'Marsh Mill only'. Marsh Mill Court will be found at the bottom of the driveway.
The accommodation comprises, with approximate measurements
Own front door (not communal) to
L SHAPED HALLWAY : 4.3m x 3.25m
(14' 1" x 10' 8") max 2 heavy exposed ceiling beams, off peak storage heater, wood laminated floor, cloaks hooks, airing cupboard with lagged hot water cylinder plus slatted shelving.
LOUNGE / DINING ROOM : 6.25m x 3.7m
(20' 6" x 12' 2") A light triple aspect room enjoying fine views over the grounds and gardens and river Creedy. Wall lighting, off peak storage heater, deep window sills.
KITCHEN : 2.9m x 2.1m
(9' 6" x 6' 11") max Equipped with an extensive range of units with maple style fronts affording base and wall cupboard storage. Rolled edge laminated worktops with inset one and a half bowl stainless steel sink (mixer tap). Space and point for electric cooker, space and plumbing for automatic washing machine, space for fridge, wall tiling, shelving, heavy ceiling beam, wood laminated floor.
BEDROOM 1 : 2.9m x 2.8m
(9' 6" x 9' 2") Lovely views, heavy exposed ceiling beam, built in wardrobes.
BEDROOM 2 : 3.06m x 2.9m
(10' x 9' 6") Views, heavy exposed ceiling beams.
BATHROOM : 2.5m x 1.75m
(8' 2" x 5' 9") Recently fitted white suite comprising bath (mixer tap plus Triton electric shower unit). Pedestal basin (mixer tap), low level wc, shaver light/socket, Dimplex electric fan heater.
OUTSIDE
There are beautifully maintained sweeping lawns surrounding Marsh Mill Court which run down to the pretty River Creedy, with many well established trees and the whole area is very picturesque. There is a large car parking area solely for the residents of Marsh Mill Court, and lock-up single GARAGE in nearby block. There are 2 spaces conveniently located immediately outside of the property which the vendors tend to park in.
DHC5730
V5
THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property."