3 bed end terrace house for sale

Oliver Place, Heathfield, Newton Abbot, Devon TQ12

Shared ownership

Available to purchase at a 50% share for £122,500 with a min 5% deposit.

Financial Breakdown:
Full market value: £245,000
50% share value £122,500
5% deposit: £6,125
Rent charged on un-owned share: £371.11
Rent on un-owned share (50%)
Estimated monthly service charge: Tbc

This well-presented three-bedroom end of terrace home offers spacious and versatile accommodation, thoughtfully laid out for modern living.

On the ground floor, the property features a generous lounge, creating a welcoming space for relaxing and entertaining. To the rear, the kitchen/dining room is a particular highlight, offering plenty of room for family meals or hosting guests, with direct access to the garden. A convenient downstairs W.C. Adds further practicality to the ground floor.

The first floor provides three bedrooms, including a well-proportioned main bedroom, a second double bedroom, and a versatile third room ideal for a child’s bedroom, study, or guest room. The bathroom has been recently updated, now offering a stylish and contemporary space to enjoy.

Externally, the property benefits from its end-of-terrace position, giving it a sense of space and privacy. The garden provides an ideal outdoor area to enjoy, and to the rear there is allocated parking, ensuring both convenience and peace of mind. The property also enjoys lovely views, enhancing its appeal.

This home successfully combines modern finishes with practical features, making it an excellent choice for families, couples, or anyone looking for a property that is ready to move straight into and enjoy.

Is Shared Ownership right for me?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
... Then Shared Ownership could be right for you!

How does Shared Ownership work?
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.

As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.

Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.