£326,250
Shared Ownership Has Arrived In Exmouth
* SHARED OWNERSHIP HOMES – HIGH SPECIFICATION – FLOORING INCLUDED – BOSCH APPLIANCES – CONTACT US NOW TO QUALIFY *
A selection of stylish Shared Ownership homes at Goodmores, Exmouth.
We have two of these homes available to reserve in Phase 1. Once you have qualified for a home at this development, plots will be allocated on a first-come, first-served basis.
These energy-efficient Shared Ownership homes at Goodmores, Exmouth are available to purchase from a 10% to 75% share. The price listed is for a 75% share at £326,250 with a 5% deposit of £16,312.50 (full market value £435,000).
Plot 7 – Four Bedroom Semi-Detached Home
Plot 7 is a spacious four-bedroom semi-detached home which really packs a punch, offering great kerb appeal and flexible modern living. The generous ground floor features a designer kitchen with Bosch appliances and an open-plan dining area with stunning French doors opening onto the rear garden – a perfect space to relax, dine and entertain.
Upstairs you’ll discover the master double bedroom with en-suite and built-in wardrobe, along with a family bathroom, a further two double bedrooms and a single bedroom – ideal for children, guests or a home office. In addition to useful under-stairs storage, the landing also benefits from a built-in storage cupboard, completing the first floor.
Financial Breakdown:
Full market value: £435,000
75% share value £326,250
5% deposit: £16,312.50
Rent charged on un-owned share: 2.75%
Rent on un-owned share (25%) 249.22
Estimated monthly service charge: £60.00 pcm
Life at Goodmores, Exmouth
With the start of the beautiful Jurassic Coastline only minutes away, and the rugged terrain of Woodbury Common right on the doorstep, homeowners will be spoilt for choice when it comes to exploring the outdoors from their own home.
As well as indulging in nature, there’s a fabulous lifestyle on offer too, with a great selection of restaurants and a wealth of fun family days out. All of this – and so much more – helps make Exmouth a wonderful place to call home.
Our new homes are within easy reach of some of the most picturesque scenery East Devon has to offer. Just moments away from Goodmores lies Woodbury Common, an Area of Outstanding Natural Beauty. A firm favourite with families, dog walkers, runners and mountain bikers, the ancient woodlands, heathland and stunning coastal views make this the perfect place to enjoy every day of the week.
The infamous Jurassic Coast, with its 250-million-year-old rocks, offers a dramatic landscape to explore, and Orcombe Point, just to the east of Exmouth, marks the official start of this World Heritage Site.
There are also a wealth of education and childcare facilities in Exmouth, including nurseries, primary and secondary schools, many of which are rated Good or above by Ofsted. St Peters Prep School is just outside Exmouth, with further education facilities around twenty minutes away in Exeter.
As well as creating a desirable selection of 2, 3 and 4 bedroom homes on the 12-acre plot, the wider Goodmores scheme also includes land for a new school, a football pitch and five acres of mixed employment land, along with woodland walks and open spaces for residents to enjoy.
Is Shared Ownership Right for Me?
Shared Ownership could be right for you if:
- You are over 18
- Your household income is less than £80,000
- You do not already own a home at the time of buying your Shared Ownership property
How Does Shared Ownership Work?
You buy a share in your home that’s right for you – from 10% up to 75% initially. You’ll pay a reduced rent on the share we own, plus a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit of around 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change.*
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