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3 bed semi-detached house for sale

£92,600 Shared ownership

26 Beech Road, Cranbrook, Devon EX5

3 1

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Property description

Plot 75 - 40%

Full Market Value £231,500
40% share £92,600
Rent including Building Insurance and service charge £312.57

A great opportunity to purchase a brand new three bedroom semi detached shared ownership home with two allocated parking spaces located on the Galileo development in Cranbrook.

What is shared ownership?

You buy an initial share in your new home - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment.

Then, if your financial circumstances improve, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.

In some rural areas, there may be a restriction on how much you can buy. You will be fully informed of this restriction at the start of your purchase.

Property Features

  • New build
  • Great first time buy
  • 3 double bedrooms
  • Chain free
  • Modern fitted kitchen with integrated cooker & hob and space for appliances
  • Rear garden laid to lawn
  • Two allocated parking spaces
  • Within commuting distance of Exeter City
  • Downstairs WC

    Location

    Cranbrook is a new town located to the East of Exeter, close to Junction 29 of the M5 and overlooking the A30. Exeter Airport is within close proximity
  • Market activity
    Average price paid £300,937 Sales 380 Current average value £354,378 (Zoopla Zed-Index) Value change £16,291 ▲ 4.82%

    Property value data/graphs for EX5

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £467,639 £292 3.8 £391,719
    Semi-detached £298,040 £288 3.1 £270,167
    Terraced £246,199 £276 2.7 £221,283
    Flats £195,447 £230 2.0 £165,910

    Current asking prices in EX5

    Average: £315,291
    Avg. current asking prices in EX5
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £138,250
    (2)
    £203,157
    (30)
    £278,761
    (59)
    £367,927
    (29)
    £653,000
    (5)
    Flats £130,000
    (1)
    £155,500
    (5)
    - - £499,950
    (1)
    All £135,500
    (3)
    £196,349
    (35)
    £278,761
    (59)
    £367,927
    (29)
    £627,492
    (6)

    Current asking rents in EX5

    Average: £949 pcm
    Avg. current asking prices in EX5
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £575 pcm
    (4)
    £734 pcm
    (15)
    £985 pcm
    (5)
    £1,854 pcm
    (5)
    -
    Flats £451 pcm
    (2)
    £679 pcm
    (3)
    £724 pcm
    (1)
    £650 pcm
    (1)
    -
    All £534 pcm
    (6)
    £725 pcm
    (18)
    £941 pcm
    (6)
    £1,653 pcm
    (6)
    -

    Fun facts for EX5

    Highest value in EX5
    Highest value streets Zed-Index
    Rockbeare Hill £657,843
    Thorverton, Exeter EX5 £645,384
    Silverton, Exeter EX5 £631,872
    Woodbury Salterton, Exeter EX5 £629,897
    Sidmouth Road £581,472
    Highest turnover in EX5
    Highest turnover streets Turnover
    Green Lane 52.9%
    Jubilee Road 50.0%
    Peter Street 43.8%
    The Paddock 41.7%
    Cullompton Hill 41.2%

    What Zoopla users think of Cranbrook

    Overall rating:

    • currently 4 stars
    Very good - 76% (15 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 Cranbrook:

    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

    • Cranbrook (Devon) (1.1 miles)
    • Whimple (2.2 miles)
    • Pinhoe (3.4 miles)
    • Exeter International Airport (1.3 miles)
    • Cardiff Airport (44.8 miles)
    • Bristol Airport (52.7 miles)
    • Topsham Ferry Landing (5.6 miles)
    • Topsham (Turf Lock Ferry) Ferry Landing (5.6 miles)
    • Topsham Lock Ferry Landing (5.7 miles)

    Nearby schools

    View all schools in East Devon
    • Rockbeare Church of England Primary School and Pre-School (0.4 miles)
    • St Martin's CofE Primary & Nursery School (0.8 miles)
    • Whimple Primary School (2.1 miles)
    • Wesc Foundation College (5.4 miles)
    • Exeter Tutorial College (5.7 miles)
    • Exeter Royal Academy for Deaf Education (6.0 miles)
    • Cranbrook Education Campus (0.3 miles)
    • Clyst Vale Community College (2.0 miles)
    • Ellen Tinkham School (3.6 miles)
    Note: Distances are straight line measurements

    Local info for East Devon

    AskMe Q&A for East Devon

    Ask a question

    See all AskMe Q&A in East Devon

    For more information about this property, please contact
    DCH - Cranbrook Galileo, EX5 on +44 1752 942820 * (local rate)

    Monthly running costs Beta

    £608 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 9,260
    Repayment term 25
    Interest rate 1.5
    Your payment £333 /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 £80,000 Average insurance cost £14/mo (£168/yr)
    Compare insurance deals now 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 £34 Electricity £46 Estimated energy cost £80/mo

    Similar properties could save up to £297

    How Much Could I Save? 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: 11300 kWh/year
    Electricity: 3600 kWh/year

    Source: National Energy Efficiency Data Framework

    Council Tax

    Local authority

    East Devon

    Estimated tax band A Council tax cost £114 /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 £26 Sewerage £41 Estimated water cost £67 /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 - Cranbrook Galileo 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 - Cranbrook Galileo, and do not constitute property particulars. Please contact DCH - Cranbrook Galileo 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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