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2 bed terraced house for sale

£70,000 Shared ownership

Stoke Road, Mertoch Leat, Martock, Devon TA12

2 1

Images may include optional upgrades at additional cost

Interested in this property? Call +44 1752 942797 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Private garden
  • Off street parking
  • Central heating
  • Double glazing
  • Cooker, Hob & hood
  • Vinyl floor covering; kitchen, bathroom & wc
  • Rear garden laid to lawn

Property description

Plot 2

2 bed mid terrace house with 1 parking space and private rear garden.

40% share £70,000
Monthly rent £225.75
Full value £175,000

A brand new development located in the village of Martock, off Water Street.

There will be four 1 & 2 bedroom homes available for local people under the Help to Buy Shared Ownership scheme.

About shared Ownership

Thought you couldn't afford to buy your own home? With shared ownership from DCH, you can get a foot on the property ladder in a brand new home for sale on a part buy / part rent basis.

How does it work?

With shared ownership, you have the opportunity to buy a share of between 25% and 75% of your new home's value, and pay an affordable, subsidised rent on the remaining share. You may need to raise a mortgage to purchase your share. If you have a large deposit or equity from the sale of a property, this can also be used towards purchasing your share.

What are my options after buying?

You can buy additional shares at a later date, until in some cases you own 100% of your home, if you wish to. This is called staircasing and the cost of the additional shares is based on the market value of the property at the time that you purchase the shares. If you increase your share in the property, your rent is re-calculated and reduced proportionately.

Local Area

Martock is a thriving community of over 5,000 residents, less than 1 mile from the A303 London to Exeter road, on the edge of the beautiful Somerset Levels.
Floorplan(s): Floor Plan Brochure

Floor Plan View original

Market activity
Average price paid £244,506 Sales 71 Current average value £265,039 (Zoopla Zed-Index) Value change £3,514 ▲ 1.34%

Property value data/graphs for TA12

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £392,565 £239 3.9 £359,131
Semi-detached £233,276 £216 3.1 £250,670
Terraced £185,001 £215 2.8 £202,898
Flats £116,619 £190 1.8 £95,666

Current asking prices in TA12

Average: £248,876
Avg. current asking prices in TA12
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £180,000
(1)
£144,923
(13)
£224,200
(10)
£417,500
(5)
£500,000
(1)
Flats £104,993
(5)
£149,950
(1)
- - -
All £117,494
(6)
£145,282
(14)
£224,200
(10)
£417,500
(5)
£500,000
(1)

Current asking rents in TA12

Average: £1,080 pcm
Avg. current asking prices in TA12
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £700 pcm
(2)
£995 pcm
(3)
£1,374 pcm
(2)
-
Flats - - - - -
All - £700 pcm
(2)
£995 pcm
(3)
£1,374 pcm
(2)
-

Fun facts for TA12

Highest value in TA12
Highest value streets Zed-Index
Coat, Martock TA12 £688,833
Back Street £520,440
Church Street £512,411
Burrough Street £477,887
Stapleton, Martock TA12 £456,125
Highest turnover in TA12
Highest turnover streets Turnover
Somerset Close 56.2%
Mow Barton 44.1%
Moorlands Close 44.0%
Hillview Terrace 37.5%
Ash Croft 36.4%

What Zoopla users think of Martock

Overall rating:

  • currently 3.5 stars
Good - 71% (12 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Martock:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Crewkerne (6.6 miles)
  • Yeovil Pen Mill (7.0 miles)
  • Yeovil Junction (7.4 miles)
  • Bristol Airport (28.8 miles)
  • Exeter International Airport (32.5 miles)
  • Cardiff Airport (38.7 miles)
  • Bridgwater Ferry Terminal (15.5 miles)
  • Weston-super-Mare Knightstone Harbour (28.2 miles)
  • Weymouth Ferry Terminal (28.5 miles)

Nearby schools

View all schools in South Somerset
  • Martock Church of England VA Primary School (0.3 miles)
  • Castle Primary School (1.2 miles)
  • Ash Church of England Primary School (1.3 miles)
  • Cambian Lufton College (3.8 miles)
  • Wadham School (5.5 miles)
  • Yeovil College (5.9 miles)
  • Stanchester Academy (2.0 miles)
  • Preston School Academy (5.1 miles)
  • Westfield Academy (5.3 miles)
Note: Distances are straight line measurements

Local info for South Somerset

About the neighbours in TA12

AskMe Q&A for South Somerset

Ask a question

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For more information about this property, please contact
DCH - Mertoch Leat, TA12 on +44 1752 942797 * (local rate)

Monthly running costs Beta

£433 Monthly total
Mortgage
Purchase price
Deposit (10%) 7,000
Repayment term 25
Interest rate 0.5
Your payment £223 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £9/mo (£110/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £24 Electricity £35 Estimated energy cost £59/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7300 kWh/year
Electricity: 2700 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

South Somerset

Estimated tax band A Council tax cost £100 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £21 Sewerage £21 Estimated water cost £42 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact DCH - Mertoch Leat about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by DCH - Mertoch Leat, and do not constitute property particulars. Please contact DCH - Mertoch Leat for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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