Share Price £114,975 (from 50% Min. Share)

Full Value £229,950 | £5,749 Min. Deposit

Scheme: Shared Ownership

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Pinnoc Mews - 1 bed apartment in Pinhoe - Devon

place Pinnoc Mews, EX4 8GD

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Exclusive development of spacious and convenient retirement apartments


Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
You have a deposit (at least 5% of the share value)
You are a first-time buyer or used to own a home, but cannot afford to buy outright now
The shared ownership property will be your principle and only home
You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs


Description

This exclusive development of 20 one bedroom and 19 two bedroom spacious and convenient retirement apartments, is suitable for anyone over 60 who would like to maintain their independence.

Our Retirement Living developments give you the best of both worlds. You have the benefit of owning your own home, free from the usual homeowner worries like maintenance and lack of security. All you have to do is relax and get on with enjoying your life, safe in the knowledge that there’s a House Manager available during office hours, should you need a helping hand.

With so much attention to detail, it’s no wonder McCarthy and Stone is the UK’s leading retirement housebuilder.

These apartments are from McCarthy & Stone’s retirement living range and is available to over 60’s*

*with the exception of Walmsley Place (over 55s) and Pinnoc Mews (retirement age)

Servicechargeoutlined on this portal is heylo’s admin and building insurance fee. Estate andServicechargefees (if applicable) are available from the sales team on site.


Key Features

General

• NHBC 10 year warranty allows you to buy with confidence
• Double glazing to keep you warm and ensure your bills stay low
• Walk in wardrobe in selected apartments so it’s easy to keep everything organised and within reach
• Balcony or patio with selected apartments, letting you enjoy your own outside space
• Lever taps, which turn on and off easily
• Telephone and television point in living room and bedrooms

Kitchen
• Fitted kitchen with integrated fridge/freezer, oven and ceramic hob, laid out to make cooking easier
• Cooker hood to help keep your apartment well ventilated
• Stainless steel sink with hardwearing, easy to clean surface
• Woodbury Ivory doors to kitchen

Shower room
• Sanitaryware high quality fittings
• En-suite bathroom in all two bedroom apartments
• Tiled shower with shower tray

Heating and finishes
• Wet underfloor heating communal boiler system
• Neutral décor to coordinate with your furnishings
• Oak veener internal fitted doors give your interior a quality feel
• Chrome door furniture for a stylish touch

Safety and security
• Door entry system which links to your TV, allowing you to see who’s there before opening the door
• Smoke detector and intruder alarm to ensure your personal safety
• Illuminated light switches for bathroom and main bedroom


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Calculate Monthly Cost

Share price
£ 114,975
Min. £114,975
Share percentage
Min. 50%
Your deposit
Min. £5,749
Monthly cost*
£848
Cost breakdown
£263
Rent
£30
Service charge
£555
Mortgage*
Calculated using a representative rate of 3.64%
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Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.