£242,500
2 bed flat for saleIkea Way, Exeter, Devon EX2
2 beds
1 bath
1 reception
New home
Shared ownership
Leasehold
About this property
A selection of 2,3, & 4 bedroom Shared Ownership homes cleverly designed with bright, generous living space you can adapt to suit your unique lifestyle.
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.
Apartment 18 - The Sycamore is an impressive 2 bedroomed ground floor apartment, offering a spacious open plan living/kitchen/dining area, en-suite to Bedroom 1, integral storage and 1 allocated parking space. This apartment also has the benefit of a balcony.
The full market value of £242,500 is available to purchase from a 10% to 75% share. Price shown is for a 25% share at £60,625 with a deposit of £3,031.25.
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 choose, own the property outright.
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.
Apartment 18 - The Sycamore is an impressive 2 bedroomed ground floor apartment, offering a spacious open plan living/kitchen/dining area, en-suite to Bedroom 1, integral storage and 1 allocated parking space. This apartment also has the benefit of a balcony.
The full market value of £242,500 is available to purchase from a 10% to 75% share. Price shown is for a 25% share at £60,625 with a deposit of £3,031.25.
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 choose, own the property outright.
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Monthly repayment
£1,213 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (Ask agent)
Service charge
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Ground rent
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