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£450,000

Orchard Lane, Silverton, Exeter

  • 4 beds
Bungalow

£450,000

  • 4 beds
Bungalow
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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An excitingly rare opportunity to acquire this very substantial 4 bedroom detached bungalow which has been in the same family for over 40 years. The property stands on a large level plot and is quietly situated in the heart of Silverton at the end of a long driveway, Orchard Lane. We understand that Orchard Lane is in the ownership of La Rosa, the owners of the two neighbouring bungalows have a right of access over this lane and pay a contribution towards upkeep. The property is currently in dated condition and will require investment to modernise and realise its full potential. The aerial photograph was taken several years ago and it should be noted that the grounds have become overgrown and will also require investment to clear and landscape.
Silverton lies just 8 miles from Exeter along the valley of the River Exe on route to Tiverton which lies a similar distance to the north. Silverton offers a good range of amenities, including church, inns, primary school, post office, general store and a popular GP practice. The village is also well known for offering some lovely picturesque walks in the surrounding countryside.
Exeter offers excellent transport links by road (M5, A38 & A30). Rail and air travel is provided vis with the regional airport, expanding rapidly to provide services to numerous holiday destinations.
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£2,054 per month
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Stamp Duty tax
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£1,250
Mortgage and legal costs:
£999
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