Share Price £80,000 (from 40% Min. Share)

Full Value £200,000 | £4,000 Min. Deposit

Scheme: Shared Ownership

Under offer

Tarka Ridge - 2 bed house in Barnstaple - Devon

place Lapwing Grove, Yelland, EX31 3TW

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Aster Group

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A new build, two-bedroom home, situated on the brand new Tarka Ridge development in Barnstaple


Description

Brand new 2 bedroom houses available for shared ownership sale at Tarka Ridge, Barnstaple. The price of a 40% share starts from just £80,000.

... Yes, you read that correctly. Plus a £250 voucher of your choice if you reserve your new home in January!

The location
Situated inNorth Devon, in thewonderful town of Barnstaple, lies Tarka Ridge. Barnstapleis perfect for you shopaholics! It’s the shopping capital of North Devon with a wide range of high street brands and lovely independent shops. If designer bargains are more up your street, Atlantic Village Outlet is just a 20-minute drive away, offering a wide range of discounted branded products. For the ramblers amongst you, Tarka Ridge's location offers great walking opportunities and is home to one of the country’s longest continuous traffic-free paths is on its doorstep: the Tarka Trail. Fancy a day at the beach? The coast is close by. You’ll find Instow beach a short 15-minute drive away, Croyde just over 12 miles away, and Woolacombe beach just over 15 miles away, so dust off that surf board!

What's Shared Ownership?
Great question.

Shared Ownership is afab way of getting onto the property ladder because you're only buying a percentage of the property that you can afford (from 25% to 75%), and thenpay Aster rent on the remaining bit.In most cases, when you’re able to do so, you can buy more shares (called Staircasing), eventually leading to outright home ownership - just ask our team first!

Tell me more...
Sure! Another amazing thing about Shared Ownership is that you only need a minimum of 5% deposit on the share that you're buying, so a2 bedroom home atTarka Ridgecould be yours from just £4,000 based on a 40% share.

Wow! So how do I get the ball rolling?
Owning your own home with Aster couldn’t be easier. It starts with picking up the phone and having a chat to Megan!She's here to help and can answer any questions you mayhave. Just giveher acall on 01749 832 114 or email her at megan.cross@aster.co.uk.

If you don't fancy picking up the phone or sending an email, then you could always talk to us right now on the live chat by clicking the purple box in the bottom right of your screen! Alternatively, you could Tweet us, message us on Facebook or Instagram, fill out an enquiry form, text us, send a carrier pigeon or even pop a message in a bottle. The choice is all yours!

*Please note that we don't recommend contacting us through pigeonOR a message in a bottle, due to the fact that properties are allocated on a first come first serve basis, and we wouldn't want you to miss out.

*While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change.

*Price based on 40% Shared Ownership and a 95% LTV mortgage. Shared Ownership homes are bought as leasehold properties, for more information speak to our team.

*T&C's apply


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arrow_backwards Back to Tarka Ridge - 2 bed house in Barnstaple - Devon

Calculate Monthly Cost

Share price
£ 80,000
Min. £80,000
Share percentage
Min. 40%
Your deposit
Min. £4,000
Monthly cost*
£718
Cost breakdown
£275
Rent
£44
Service charge
£399
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.