2 bed semi-detached house for sale

Cadet Lane, Fremington, Barnstaple, Devon EX31

Shared ownership two bedroom house available to purchase from a 45% share from £119,250 with a minimum 5% mortgage deposit of £5,962.5 Call today to arrange your appointment to view.

A chance to acquire this two bedroom semi-detached property comprising of a light and airy open living space with a modern fitted kitchen/dining room with plenty of storage and access out to the lovelt size enclosed rear garden. Upstairs are two spacious double bedrooms and bathroom.
Also benefitting from a driveway to the side of the property.

Full Market Value: £265,000
45% Share Price: £119,250
Rent on un-owned share £302.23 pcm
Service charge £15.73 pcm
Buildings insurance £14.19 pcm

Local Connection required - Fremington Parish. Or after 4 weeks, could be opened up slightly further (ask for more information).

You may purchase a higher share should you qualify to.

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.