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£84,000
This superb modern home is available to buy from as little as £84,000 with a 40% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £210,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership
This superb modern home is available to buy from as little as £84,000 with a 40% share!
**PLEASE NOTE THAT THERE IS A LOCAL AREAL CONNECTION TO WEST SOMERSET REQUIREMENT WITH THIS PROPERTY**
Nestled in the charming coastal town of Watchet, Holm View offers a delightful modern home combining comfort, practicality, and a touch of coastal charm. Ideal as a first home, investment property, or holiday retreat, this well-presented two-bedroom house is designed for contemporary living in a peaceful setting.
The ground floor features a welcoming entrance hall with a convenient cloakroom, leading into a bright and spacious lounge with double doors opening out to the garden—perfect for relaxing or entertaining. The stylish kitchen is thoughtfully arranged with modern fittings, making the most of the available space for everyday convenience. Upstairs, there are two comfortable double bedrooms and a family bathroom, providing a well-balanced layout that suits both couples and small families.
Outside, the property benefits from a carport offering covered parking and an additional shed for storage or hobbies. The private garden creates an inviting outdoor area for dining, gardening, or simply enjoying the fresh Somerset air.
Located within easy reach of Watchet’s harbour, local shops, and scenic walks along the West Somerset coast, Holm View offers the perfect blend of modern living and coastal lifestyle.
Watchet offers a wonderful blend of coastal charm and practical convenience, with a range of local amenities just a short distance from Holm View. The town boasts a selection of independent shops, cafés, and pubs, along with a picturesque marina and a vibrant community atmosphere. Everyday essentials can be found locally, while the nearby town of Minehead provides a wider choice of supermarkets and services. For commuters, the A39 offers easy access to Taunton, Bridgwater, and the M5 motorway, while regular bus routes connect the surrounding villages. Taunton railway station, around 30 minutes away by car, provides direct services to Bristol, Exeter, and London, making Watchet an appealing base for both work and leisure.
PRICING & AFFORDABILITY
Full Market Value: £210,000
40% Share Price: £84,000 (rent £383.53 pcm)
Minimum 5% Mortgage Deposit (40% share): £4,200
Approximate Service Charges: £23.47 pcm*
Lease: 170 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership