2 bed end terrace house for sale

Braid Drive, Tiverton EX16

Summary
Call today to register your interest in this two-bedroom end of terrace 40% shared ownership home at Post Hill. Offering a fitted kitchen, spacious lounge/diner with doors to the rear garden, two double bedrooms, a family bathroom, two parking spaces with EV charging point.

Description
An exciting rare opportunity to purchase a brand new two bedroom end of terrace home at the sought-after Post Hill development on a 40% shared ownership basis.
On entering the property you will find an entrance hallway. The front facing kitchen is well equipped and offers a practical and stylish space for everyday cooking. To the rear of the home, the generous lounge/dining room provides the perfect setting for relaxing and entertaining, with patio doors opening onto the enclosed rear garden. Completing the ground floor is a convenient cloakroom/WC and a useful storage cupboard.
Upstairs, the property offers two well proportioned double bedrooms and a contemporary family bathroom.
Finished to a high standard throughout, the home benefits from flooring included in the kitchen, bathroom and WC. Heated buy an energy efficient air source heat pump heating system, and two allocated parking spaces with an EV charging point.

This fantastic brand-new home presents an affordable and attractive way to step onto the property ladder in a sought-after Tiverton location. Early viewing is highly recommended.

Measurements
Kitchen 2.6m x3.48m
Lounge/Diner 5.21m x 4.00m
Bedroom One 5.21m x 3.00m
Bedroom Two 5.21m x 2.33m

Leasehold
Leasehold 990 years
Net rent based on 40% share approx. 385.00 per month.
Service Charge approx £32.29 per month
Buildings Insurance £14.97 per month
Sinking Fund £14.20 per month
Total approx £446.46 per month
Further lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

Flooring
Flooring will be included in the kitchen, bathroom and WC only.

What Is Shared Ownership?
You buy an initial share in your home - in this case between 10% and 75%, and pay a discounted rent on the remaining share. If your financial situation changes, you can 'staircase' and purchase further shares up until you own your home outright.

Not just for first-time buyers, the eligibility criteria is either:
-you currently don't own another house
-or the house you currently own is sold subject to contract

Basic criteria:
-You cannot afford a similar home on the open market
-Your household income does not exceed £80,000
-You don't have any County Court Judgements (CCJs) against you
-You can afford the mortgage and deposit for the share you wish to purchase

Shares
Shares are available from 10% to 75% depending on your lease and affordability.
The open market value is £280,000, with the value at 40% share being £112,000.

Please Note
We will endeavour to use the photographs of the actual property but may also show pictures of the showhome, similar plots and/or computer generated images. The front shot photo is a photo of a different plot but the same house type.

Warranty
This home will have a 10-year labc warranty.

Agents Note
This is a shared ownership property on a leasehold. Service charges and eligibility criteria apply. It is a new build so council tax bands not yet available.

Reservation Fee
£99 reservation fee offer, usually £250. Offer applies to selected available Shared Ownership homes. Reservation fee credited to your account on completion. Subject to availability. Not available in conjunction with any other offer, incentive or promotion. For full T&Cs please visit

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.