£81,000

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this spacious two bedroom resale Shared Ownership coach house at 10 Mallow Court, Dartmouth. The price shown represents purchasing a 30% share of the property. 

Property Overview

Located on the outskirts of the sought after coastal town of Dartmouth, this well designed home offers an excellent opportunity to step onto the property ladder in one of Devon’s most desirable locations.

Accessed via its own private front door, the property benefits from an independent entrance with internal stairs leading to the main accommodation on the first floor, giving the feel of a private home rather than a typical apartment.

Extending to approximately 90 sqm (972 sq ft), the first floor features a generous open plan kitchen, lounge and dining area measuring over 27 ft in length, creating a bright and flexible living space suited to modern lifestyles. The kitchen includes fitted units, practical worktop space and room for dining and entertaining.

There are two well proportioned bedrooms, including a principal double bedroom and a versatile second bedroom ideal for guests, home working or a nursery. A contemporary bathroom completes the internal accommodation.

On the ground floor, the property benefits from a substantial garage and utility area, offering valuable additional space for parking, storage, bicycles or laundry appliances. 

Financial Breakdown

- Full Market Value: £270,000
- 30% Share Value: £81,000
- Rent on unowned share: £559.58 per month
- Estate Charge: £13.09 per month
- Buildings Insurance: £22.85 per month
- Management Fee: £34.89 per month
- Total Monthly Charges (excluding rent): £71.63
- Lease Length: Approximately 246 years remaining
- Rent Review: Reviewed annually (Rpi + 0.5%) 

Local Area

Dartmouth is one of South Devon’s most attractive towns, renowned for its waterfront setting, independent shops, cafés and restaurants, along with its rich maritime history.

Residents can enjoy nearby countryside walks, coastal paths and access to stunning beaches within easy reach. The town also offers everyday amenities, schooling and convenient road links to Totnes, Exeter and the wider South Hams area.

This location is well suited to buyers seeking a balance of coastal living, community atmosphere and practical connectivity.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property’s value, while paying a subsidised rent on the remaining share.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. 

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

- Have a combined household income under £80,000 per annum
- Be unable to purchase a suitable home on the open market
- Meet one of the standard criteria, such as being a first time buyer or forming a new household
- Satisfy affordability checks and credit assessment
- Have lived in Devon for at least 3 years (subject to scheme requirements)

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years’ experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, service charges, management charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.