2 bedroom house for sale
Broom Park, EX20 1FT
Share percentage 40%, full price £216,000, £4,320 Min Deposit.
Share percentage 40%, full price £216,000, £4,320 Min Deposit.
Monthly Cost: £797
Rent £297,
Service charge £56,
Mortgage £444*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
To be eligible for a home at Okehampton View, you'll need to:
- Have a combined household income under £80,000
- Not own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Eligible buyers must also be registered with Help to Buy
- Be living / working in the defined West Devon Borough Council area
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Summary
A beautiful collection of 2 bedroom Shared Ownership homes in Okehampton, Devon situated on the edge of Dartmoor National Park surrounded by natural beauty.
Description
Discover the Wonder of Okehampton View
A beautiful collection of 2 bedroom Shared Ownership homes in Okehampton, Devon situated on the edge of Dartmoor National Park surrounded by natural beauty.
Plot 196 is a 70 square metre, Two Bedroom Semi Detached House with two parking spaces at Okehampton View, Okehampton, West Devon, available to purchase through Shared Ownership.
Available to purchase from a 40% share
Financial Breakdown:
- Full Market Value: £216,000
- 40% Share Value: £86,400
- 5% Deposit of 40%: £4,320
- Rent on unowned share: £297 per month
- Service Charge: £56.44 per month
- Council Tax Band: TBC*
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.
Homes at Okehampton View will be ready to move into from Winter 2022.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
LOCAL AREA
Okehampton View is an exciting new development on the fringes of Okehampton that provides all the amenities for modern living without having to travel far. Living at Okehampton View, the dramatic granite moors of Dartmoor are easily accessible as they are within walking distance. This unique area of tors, farmland and rivers is considered one of the most beautiful places in the country.
Okehampton itself is a delightful, historic town with an excellent choice of shops, tea rooms, pubs and restaurants. The town has great pubs, a cinema, local gyms and sports clubs. It also offers an excellent choice of schools and medical facilities.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Key Features
Key Features:
- Contemporary kitchen with chrome handles and soft close cupboards
- Paved patio area
- Turf to rear garden
- Two parking bays per property
- NHBC 12 Year Building Warranty
Full Specification:
Kitchen
• Contemporary kitchen with chrome handles and soft close cupboards
• Laminate worktop with matching upstand
• Stainless steel splashback to hob
• Stainless steel 1½ bowl sink with chrome mixer tap
• Stainless steel multi-function oven, hob and stainless steel chimney hood
• Space for fridge/freezer
• Space for washing machine
Cloakroom
• Contemporary white close coupled toilet and basin with chrome mixer tap
• Splashback tiling to basin
Bathroom
• Contemporary white bathroom suite comprising bath, close coupled WC, pedestal basin with chrome mixer tap
• Glass shower screen to bath
• Shower over bath
• Wall tiling to bath and splashback tiling to basin area
• Chrome heated towel rail
• Mirror
Flooring
• Wood effect vinyl to the ground floor and bathroom
• Carpet to stairs, landing and bedrooms
General
• White PVCu double glazed windows
• Ceilings, architraves and skirtings painted white
• Walls painted in ‘Almond’ white matt emulsion
• White panel internal doors with chrome ironmongery
• Gas central heating via Combi boiler and white contemporary radiators
• NHBC 12 year warranty
Electrical
• Track light to kitchen
• Light fitting to cloakroom and bathroom
• Pendant lighting to all other areas
• White sockets and switches throughout
• TV point to living room
• Telephone point to hall and living room
• Smoke and carbon monoxide detectors
• Extractor fan to kitchen, cloakroom and bathroom
• Shaver socket to bathroom
External
• Two parking bays per property
• Paved patio area
• Turf to rear garden
• 1.8m high timber fencing to rear garden
• Light to front and rear elevations
• Outside tap
Particulars
Tenure: Leasehold
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Price List Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £216,000, £4,320 Min Deposit. Calculated using a representative rate of 4.24%
