3 bed end terrace house for sale

Ikea Way, Exeter, Devon EX2

This home is now ready to move into!

We are delighted to offer this exciting opportunity of getting onto the property ladder and into a stylish, brand new energy efficient, 3 bedroom home now available to purchase with the government backed Shared Ownership Scheme.

Plot 113 - The Rowan is a stylish 3 bed, 2 bathroom home benefitting from 2 parking spaces - now ready to move into!

The full market value of £399,500 is available to purchase from a 10% to 75% share. Price shown is for a 50% share at £99,875 with a deposit of £4,993.75.

Financial Breakdown:
Full market value: £399,500
25% share value £99,875
5% deposit: £4,993.75£
Rent charged on unowned share (75%) £686.64 pcm @ 2.75%

Purchasing a new home could not be easier and it makes perfect sense too, with high energy efficiency this home will work just as hard as you do to keep your energy bills low.
A fantastic modern 3 bedroom home boasting great open plan accommodation with modern living in mind. The spacious living/dining area at the rear of the property is light and airy with double doors leading to your private enclosed rear garden, perfect for entertaining on a summer’s day. The kitchen is a popular u-shape with integrated appliances; single electric oven, gas hob with splashback and extractor hood. There is a downstairs WC and storage cupboard.
On the first floor you will find three bedrooms including an attractive en-suite to Bedroom 1 and a stylish family bathroom with full height wall tiling to the bath with shower over and vinyl flooring.

Key Features:
• Three bedrooms
• Open plan ground floor living
• Cloakroom and storage cupboard
• Energy efficient lighting and efficient combi gas boiler
• PVC-u white windows with energy efficient sealed unit.
• Flooring to kitchen/diner, cloakroom, bathroom & en-suite
• En-suite to Bedroom 1
• Paved patio area & turfed garden
• Electric Vehicle charging point
• Solar Panels
• 10 year build warranty

Newcourt Edge is an exciting new development in Exeter where you can enjoy contemporary living at its best together with fantastic doorstep amenities in this ancient, yet vibrant city.

A selection of 2,3, & 4 bedroom homes cleverly designed with bright, generous living space you can adapt to suit your unique lifestyle.

Newcourt Edge enjoys excellent transport links with the M5 just 10 minutes away, a direct rail service to London Paddington in 2.5 hours and Exeter Airport on the doorstep.
Devon’s capital city has a vibrant, modern feel with a host of independently run shops and places to eat. Exeter itself enjoys a rich, historic past that has gifted the city a wealth of must-see attractions, namely its mysterious Underground Passages, Royal Albert Memorial Museum, Cathedral, Roman wall and historic waterfront.

Great days out might include a flutter at Exeter Racecourse or a meander round the lovely nearby maritime town of Topsham, while further afield you have your pick of beautiful South Devon beaches and the magnificent unesco World Heritage Jurassic Coast.
Families can choose from a wide selection of local nurseries and schools, many of which are rated Good or Outstanding by Ofsted.
For active pursuits, head to Exeter’s Quay Climbing centre or Go Ape! At Haldon Forest, where scenic woodland trails can also be explored by foot or bike.

Financial Breakdown:
Full market value: £388,500
50% share value £194,250
5% deposit: £9,712.50
Rent charged on un-owned share: 2.75%
Rent on un-owned share (50%) £445.16 pcm
Estimated monthly service charge: £52.77 pcm

What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 10% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright.
Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change.