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2 bed end terrace house for sale

£78,000 Shared ownership

Plot 71 - 11 Beech Road, Cranbrook, Devon EX5

2 1

Images may include optional upgrades at additional cost

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Property description

Plot 71 - 40%

A great opportunity to purchase a brand new two bedroom end terraced shared ownership home with one allocated parking space located on the Galileo development in Cranbrook.

Full Market Value £195,000
40% share £78,000
Rent including Building Insurance and service charge £270.89

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.

Applicants must hold a local connection to Exeter or East Devon

Property Features

· New build
· Great first time buy
· 2 double bedrooms
· Chain free
· Modern fitted kitchen with integrated cooker & hob and space for appliances
· Rear garden laid to lawn with shed
· One allocated parking space
· 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 £304,926 Sales 369 Current average value £333,994 (Zoopla Zed-Index) Value change £4,265 ▲ 1.29%

Property value data/graphs for EX5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £441,276 £275 3.8 £396,254
Semi-detached £279,089 £271 3.1 £273,625
Terraced £232,036 £258 2.7 £224,691
Flats £183,603 £208 2.0 £173,985

Current asking prices in EX5

Average: £319,969
Avg. current asking prices in EX5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £175,500
(3)
£215,426
(31)
£287,342
(63)
£378,861
(30)
£603,000
(5)
Flats £130,000
(1)
£172,500
(3)
- - £499,950
(1)
All £164,125
(4)
£211,639
(34)
£287,342
(63)
£378,861
(30)
£585,825
(6)

Current asking rents in EX5

Average: £959 pcm
Avg. current asking prices in EX5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £633 pcm
(2)
£753 pcm
(6)
£919 pcm
(11)
£1,976 pcm
(2)
£1,599 pcm
(2)
Flats - £660 pcm
(5)
- £650 pcm
(1)
-
All £632 pcm
(2)
£711 pcm
(11)
£919 pcm
(11)
£1,534 pcm
(3)
£1,599 pcm
(2)

Fun facts for EX5

Highest value in EX5
Highest value streets Zed-Index
Rockbeare Hill £621,702
Thorverton, Exeter EX5 £607,976
Silverton, Exeter EX5 £595,495
Woodbury Salterton, Exeter EX5 £593,295
Sidmouth Road £548,527
Highest turnover in EX5
Highest turnover streets Turnover
Green Lane 52.9%
Jubilee Road 50.0%
Peter Street 43.8%
Farm Park 42.9%
The Paddock 41.7%

What Zoopla users think of Cranbrook

Overall rating:

  • currently 4 stars
Very good - 78% (16 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 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 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Cranbrook (Devon) (1.2 miles)
  • Whimple (2.2 miles)
  • Pinhoe (3.4 miles)
  • Exeter International Airport (1.4 miles)
  • Cardiff Airport (44.8 miles)
  • Bristol Airport (52.7 miles)
  • Topsham Ferry Landing (5.6 miles)
  • Topsham (Turf Lock Ferry) Ferry Landing (5.7 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)
  • Exeter Mathematics School (6.1 miles)
  • EF Academy Torbay (20.4 miles)
  • King's College (22.3 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

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

Monthly running costs Beta

£526 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,800
Repayment term 25
Interest rate 1.5
Your payment £280 /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 £10/mo (£121/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 £27 Electricity £39 Estimated energy cost £66/mo

Similar properties could save up to £241

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: 8800 kWh/year
Electricity: 2900 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 £22 Sewerage £34 Estimated water cost £56 /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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