Summary - 59 CLOAKHAM DRIVE, AXMINSTER EX13 5GT
2 bed 1 bath Apartment
Compact two-bed coach house with garage, private garden and shared ownership opportunity.
50% shared ownership; opportunity to staircase further shares
A modern coach-house built in 2018, this two-bedroom property is offered on a 50% shared ownership basis — ideal for first-time buyers or downsizers wanting an affordable entry into Axminster. The apartment has well-insulated cavity walls, gas central heating, double glazing and a compact, light-filled open-plan living/kitchen on the first floor.
Practical extras include a private gravelled side/rear garden, driveway parking and an integral garage with power and light. The garage has been partly sub-divided to provide storage and a home-office/laundry area, adding useful flexibility for remote working or storage needs.
Buyers should note the property remains leasehold with a 125-year lease from 2018, monthly rent payable on the unsold 50% (£326.26), and additional monthly management, insurance and estate charges (approximately £56.74 combined). Staircasing to buy a greater share is possible, but ongoing rent and service costs are material running costs to budget for.
Accommodation is compact — rooms are small-to-average in size, typical of an over-garage coach house, so this will suit buyers seeking low-maintenance living rather than large family accommodation. The location sits less than a mile from Axminster town centre with fast broadband and very low local crime, making it practical for commuting, local schools and coastal leisure within a short drive.
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