Share percentage 45%, full price £230,000, £5,175 Min Deposit.
Monthly Cost: £910
Rent £290,
Service charge £30,
Mortgage £590*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- Your deposit amount is greater than £5175
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- There are no more than 4 people in your household.
- You meet the below local restriction criteria:
- Applicant must prove occupation criteria in respect of the Parish of Buckland Brewer. The applicant must prove residency of the Parish for a minimum of five years continuous or five years within the last ten years or that their parents or guardians have resided in the Parish for the last ten years or that they have been continuously employed within the Parish for the last five years.
- If no applicants fulfil the above criteria then after 12 weeks, applications will be considered from applicants who meet the above criteria in respect of the adjacent parishes of: Frithelstock, Bulkworthy, East Purford, Parkham, Littleham & Landcross, Langtree, Monkleigh and Shebbear.
- Should no eligible applicants be found after a further four weeks, then applications will be considered who meet the criteria for the District of Torridge.
Summary
End terraced 2 double bedroom house in quiet village location with a private enclosed garden and designated parking.
Description
Figures may be subject to change and should be used as a guide at this time.
The properties have been developed by Allison Homes in the village of Buckland Brewer about 6 miles to the South West of Bideford. This is an end terrace house with accommodation over two floors, an enclosed rear garden and two parking spaces to the front.
Kitchen images and floor plans are for illustration only and may be subject to change.
Approximate dimensions of rooms.
- Kitchen/Diner - 17' x 12'6 with a range of fitted units, built under oven, gas hob and extractor hood
- Bathroom - 8'6 x 5'10 with white three piece suite comprising pedestal wash hand basin, low level WC, panelled bath set in a tiled recess with shower over and glass shower screen
- Living Room - 9'6 x 12'
- Bedroom 1 - 17' max x 9'2
- Bedroom 2 - 17' x 9'2
Please register interest via the North Devon Homes Website. This can be done through the "Find a Property" page. In the additional information section of the application form please note which properties you are interested in.
Key Features
- End of terrace.
- Modern kitchen/diner with sleek fitted units.
- Oven with gas hob and extractor hood.
- Family bathroom equipped with a white three piece suite comprising pedestal wash hand basin, low level WC, panelled bath set in a tiled recess with shower over and glass shower screen.
- Separate WC.
- Enclosed private garden.
- Two off road parking spaces.
- Mains water, gas, electricity and drainage.
- Central heating and domestic hot water is by way of gas fired system.
- All properties in the terrace have private rear access.
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 45%, full price £230,000, £5,175 Min Deposit. Calculated using a representative rate of 5.26%
North Devon Homes
