2 bed semi-detached house for sale

Manley Meadow, Exeter EX1

Description

This delightful two-bedroom semi-detached Redrow home presents an excellent opportunity for first-time buyers through a 40% shared ownership scheme.

The roomy living room / diner serves as the heart of the home, offering a bright and comfortable space that's perfect for both relaxation and entertaining.

Both bedrooms are generously sized, providing plenty of space for rest and relaxation-ideal for couples, small families, or those looking to create a dedicated home office.

Step outside to discover your private, enclosed garden, designed over two tiers. This outdoor retreat is perfect for summer gatherings, gardening, or simply enjoying some quiet time.

Benefit from the convenience of your own private driveway, ensuring easy access and added peace of mind for you and your visitors.

This property is more than just a house; it's a lifestyle choice that enables you to enjoy the advantages of ownership without the full financial commitment. With excellent local amenities and transport links close by, this welcoming home is ready for you to move in and make it your own! Don't miss this fantastic opportunity-schedule a viewing today!

Rent - £410.43
Service Charges - £22.50
Share for sale - 40%
Maximum share - 100%
Council Tax banding - C
Lease length remaining - 122 years

Private driveway parking
Mains Water Supply
Gas central heating
Mains electricity supply
Fiber Broadband

£108,000 for a 40% share

Open Market Value: £270,000

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

* your household income is £80,000 a year or less (£90,000 a year or less in London)
* you cannot afford all of the deposit and mortgage payments for a home that meets your needs

One of the following must also be true:
* you're a first-time buyer
* you used to own a home but cannot afford to buy one now
* you're forming a new household - for example, after a relationship breakdown
* you're an existing shared owner, and you want to move
* you own a home and want to move but cannot afford a new home that meets your needs.

Please take note of the minimum income, (£38,814.00) which is based on the minimum deposit (£7,900.00) for this property. If you are placing a larger deposit, the minimum income will reduce.

If you make a successful offer after your viewing, Stonewater Homes will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made and you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form.

Westclyst has easy access to public transport and major transport links including the M5, A30, Exeter International Airport, Sowton Industrial Estate, the Met Office and Pinhoe train station which has a direct train to Exeter and London Waterloo. The property is conveniently located within the catchment area of Westclyst Primary School and Clyst Vale High School. Pinhoe Village, a 5 minute walk, offers a wide range of amenities such as a Spar Shop, Pharmacy, Public House, Butchers, and eateries. Pinhoe Train Station is also within close proximity and offers services into Exeter and London Waterloo.

Council Tax Band: C
Tenure: Leasehold (122 years)
Service Charge: £22.5 per month
Shared Ownership: 40% being sold, £410.43 per month rental payments

Kitchen (2.57m x 2.75m)

Living / Dining Room (4.35m x 4.66m)

Bedroom 1 (3.45m x 4.66m)

Bedroom 2 (2.57m x 4.75m)