3 bed terraced house for sale

Exeter EX5

Situated in the popular and well-connected area of Cranbrook, Exeter, this attractive three-bedroom mid-terrace property offers spacious and versatile accommodation, ideal for families or professionals alike.

The property is available to purchase on a shared ownership basis, with buyers able to acquire an initial share of between 40% and 75%, subject to qualification. Following completion, owners will have the opportunity to staircase their ownership further, with the option to increase their share up to 100% over time, in line with the housing association’s terms and conditions.

The ground floor features a bright and modern larger than average open-plan kitchen and dining area, creating a fantastic space for everyday living and entertaining. This is complemented by a separate, well-proportioned lounge, providing a comfortable and relaxing retreat.

Upstairs, the property boasts three generously sized double bedrooms along with an additional single bedroom, all of which are well laid out and offer excellent space and flexibility for a growing family, home office, or guest room.

Externally, the home benefits from a good-sized, level & well-maintained rear garden, perfect for outdoor dining and leisure. Two parking spaces are conveniently located to the front of the property.

Set within a sought-after residential area, the property is close to local amenities, schools, transport links, and green spaces, making it an excellent opportunity in this thriving Cranbrook location.

Agents note:

Current rent price for 60% = £393

Offered as a 40% Shared Ownership opportunity. Purchase a 40% share with rent payable on the remaining 60%, providing an affordable route onto the property ladder. Eligibility criteria apply.

Any purchaser will need to have a local connection

An eligible person means a person who is in need of Affordable Housing and who has a strong location connection with the administrative area of East Devon District Council or Exeter City Council (priority will be given to applicants with a local connection to the East Devon District) and who satisfies one or more of the following criteria .

• The person is currently resident in the area

• The person is currently employed in the area

• The person needs to live in the area to take up firmly committed employment

• The person has close family living in the area (i.e. Mother, father, daughter, son, sister, brother).

• The person has been resident in the area for at least five of the last ten years.

This information has been taken from the Section 106 Agreement which is a planning condition.