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Property Listing Details

Property details

  • 3 bedrooms
  • 2 bathrooms
  • 1 reception room

Features

  • 40% Share of Home Reach 'Private Shared Ownership' scheme'
  • Up to 75% share available - Staircase option to 100%
  • Balance on agreed rent - further details available
  • Three bedrooms, two bathrooms, open plan lounge/ dining room
  • Available immediately, subject to qualification and terms!

Listing view statistics

Last 30 days: 328 page views

Since listed: 516 page views

Description

A very rare and exciting opportunity for someone to get on the housing ladder using this new Home Reach, 'Private Shared Ownership' scheme.

You can get on the ladder by purchasing as little as 25% of the open market value (being £241,995), or higher, with the balance being based on an agreed rental figure - ideal for tenants who cannot quite afford to buy, but would like the security of knowing they can stay there long term. This opportunity is open to anyone, not just first time buyers, providing they do not own another property and subject to other conditions. (See details).

This newly constructed, three bedroom, semi detached property benefits from a master en-suite, further bathroom and downstairs WC. There is a light and spacious living/dining room, kitchen an enclosed rear garden, with parking and a single garage. The property is available immediately for viewing.

The benefits of this scheme are that the property is not subject to the usual strict Section 106 criteria, which can limit the re-sale market. The balance of rent is charged at circa 3% and subject to rpi change.

Directions

From the town centre proceed along The Strand and turn left at the mini roundabout. Continue along Stratton Road, up the hill heading out of the town and at the roundabout take the third exit. Stay on this road, following around the development, and you will find the property on the left-hand side.

Entrance Hall

Entrance door leads into the entrance hall, with turning staircase ascending to the first floor. Doors serve the following rooms:-

Cloakroom

UPVC obscure double glazed window to the front elevation, radiator, tiled flooring and a modern white suite comprising of a low level WC and wash hand basin.

Lounge Dining Room (15'9 x 11'00 (4.80m x 3.35m))

UPVC double glazed window and UPVC double glazed French doors looking out to the rear garden and large under stairs storage cupboard.

Kitchen (9'1 x 8'9 (2.77m x 2.67m))

UPVC double glazed window to the front elevation, fitted with a range of wall and base units with soft close drawers and a fitted work surface over, inset gas hob, inset one and a half bowl stainless steel sink with side drainer and mixer tap over and an inset electric double oven.

First Floor

UPVC double glazed window to the front elevation and stairs ascending to the second floor. Doors serve the following rooms:-

Bedroom Two (12'5 x 9'3 (3.78m x 2.82m))

UPVC double glazed window to the rear elevation and radiator.

Bedroom Three (9'3 x 7'7 (2.82m x 2.31m))

UPVC double glazed window to the front elevation and radiator.

Family Bathroom

Inset spotlights and a modern white suite complemented with chrome taps and fitments to include: Wash hand basin, WC and a panel enclosed bath.

Second Floor

Doors serve the following rooms:-

Bedroom One (12'6 x 10'8 (3.81m x 3.25m))

A double bedroom with a UPVC double glazed window to the front elevation.

En-Suite Shower Room

Inset spotlights, extractor fan, large walk-in double shower with mains fed shower over, wash hand basin and a WC.

Garage And Parking

The property comes with a single garage and an allocated parking space.

Agent Note

The internal pictures are from a similar style of house. Please note the internal specification may vary.

Services

All mains services are connected.

Home Reach Scheme

Who is heylo?

Launched in September 2014, heylo has created one of the largest home ownership programmes in the UK, offering a number of different routes to ensure owning your own home is accessible.

Colwills are working in partnership with heylo to offer Home Reach, a part-buy-part-rent option on selected properties.

Home Reach is simply about helping you get on, climb up and stay on the property ladder.

With Home Reach, you buy a share of your chosen home and pay a low monthly rent on the part you don't buy. You get to choose whether you buy a bigger share of a lower priced home or a smaller share of a more expensive one.

You can initially purchase between 25% and 75% of your chosen home and heylo will become your landlord, granting you a 125-year lease. This means you will be able to live in your home as if you've bought it outright. You can buy more of your home in the future and stop paying rent on that part.

The property misdescriptions act 1991: Whilst we as agents endeavour to ensure the accuracy of property details produced and displayed, we have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are connected, in working order or fit for the purpose. A buyer is advised to obtain verification from their solicitor or surveyor. References to the tenure of the property are based on the information by the seller. The agent has not had sight of the title document. The buyer is advised to obtain verification from their solicitor. Items shown in photographs are not included unless specifically mentioned in the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Floor plans & maps: Please note that if floor plans are displayed they are intended as a general guide

Map & Nearby

Local Amenities

  • Bideford Ferry Landing 19.3 miles
  • Stratton Primary School 0.4 miles
  • Budehaven Community School 0.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Bideford Ferry Landing 19.3 miles
  • Stratton Primary School 0.4 miles
  • Budehaven Community School 0.5 miles

Market stats

Sale activity

Average estimated value for a house in EX23:

  • £255,964
  • Price increase

  • £7,580
  • (3.052%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £252,056
  • Properties sold

    54

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom house in EX23 is currently:

£819 pcm

Recent sales nearby

See all recent sales in EX23
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In association with

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.

The Agent

Price history

Sold prices provided by Land Registry
15th Dec 2018 £96,798 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Colwills Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Colwills Estate Agents for full details and further information.