£124,000

A superb opportunity to the purchase this BRAND NEW 3 bedroom semi detached home in Cheriton Bishop, located approximately 30 minutes from Exeter. Available on a SHARED OWNERSHIP basis, this is a great way to make your next home purchase more affordable.

Plot 16 is a 3 bed semi-detached houses, comprising entrance hall, cloakroom, kitchen/diner, living room, 3 bedrooms and a bathroom. Externally there are front and rear gardens and two parking spaces in a courtyard.

Location

Situated on a small development of 24 properties in the village of Cheriton Bishop, on the edge of Dartmoor and just off the A30. There is a convenience store/post office, pub, health centre, village and primary school. The Cathedral city of Exeter is approximately 11 miles away.

There is a local connection requirement to Cheriton Bishop. Priority is given to current residents who have resided in Cheriton Bishop for the last 5 years, then permanently employed in the Parish and then previously resided for a period of 3 years within the last 10 years, and also any ministry or defence personnel. Following this, we will accept applicants from Mid Devon.

Shared Ownership

The price of £124,000 is for a 40% share in the property, with a monthly rent of £426.25 payable on the outstanding amount. Other share amounts are available subject to affordability. There is also a monthly service charge of £31.16. Application forms can be found on Cornerstone Housing Associations's website, under properties available/coming soon. Once an application has been received, and subject to meeting the local connection requirement, Cornerstone will send your contact details to an independent financial advisor to undertake an affordability assessment.