DCH - Palm Cross, PL21
A great opportunity to buy a brand new 3 bedroom shared ownership home in the historical market town of Modbury, Devon.
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.
An historic market town set in a beautiful rural location, between the unspoiled golden sandy beaches of South Devon and the extensive wilderness of Dartmoor. Modbury is surrounded by rolling hills, wooded glades and winding country lanes, has a strong community spirit and has a reputation for having individual shops, unspoiled by the usual chain stores found in bigger towns. An extensive network of country lanes and bridleways provide excellent opportunities for horse riding and cycling, and encompass many miles of beautiful footpaths to explore the surrounding countryside.