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£72,500
This superb modern home is available to buy from as little as £145,000 with a 50% 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 £145,000 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 £145,000 with a 50% share!
**Purchasers must demonstrate a local connection to Wiltshire, such as currently living or working in the area, or having a close family association, in order to be approved by the housing provider.**
This well-presented first-floor apartment offers a practical and inviting layout, ideal for modern living. Upon entering, you are welcomed by a central hallway that provides access to all rooms, creating a natural flow throughout the home. The heart of the property is a bright and airy open-plan kitchen and reception area, thoughtfully arranged to accommodate both cooking and living space, making it perfect for relaxing or entertaining.
The property features two bedrooms, both positioned to offer privacy and flexibility for a variety of uses, whether as sleeping accommodation, a home office, or guest space. A well-appointed bathroom is conveniently located off the hallway, completing the internal layout with functionality in mind.
Externally, the apartment benefits from an allocated parking space, providing added convenience and peace of mind. Situated within a well-maintained development, this home presents an excellent opportunity for first-time buyers or those seeking a comfortable and low-maintenance lifestyle.
Situated in the historic market town of Devizes, this property enjoys a convenient and well-connected setting with a wide range of local amenities close at hand. The town centre offers an excellent selection of independent shops, cafés, restaurants, and everyday essentials, along with larger supermarkets and leisure facilities. Residents can also enjoy nearby green spaces and scenic walking routes, including the picturesque Kennet and Avon Canal, which provides a peaceful setting for outdoor activities.
For transport, Devizes is well positioned for access to surrounding towns and cities. Regular bus services operate locally, while nearby railway stations such as Chippenham railway station and Pewsey railway station offer direct links to London, Bath, and Bristol. The area is also well served by road, with straightforward connections to the A361 and A342, making commuting and travel across Wiltshire and beyond both simple and efficient.
PRICING & AFFORDABILITY
Full Market Value: £145,000
50% Share Price: £72,500 (rent £231.05 pcm)
Minimum 5% Mortgage Deposit (% share): £3,625
Approximate Service Charges: £194.39 pcm*
Lease: Currently 83 years but will be extended by 90 years on completion of the sale
Sown Shared Ownership
