4 bed detached house for sale

Leytown Drive, Bideford, Devon EX39

* shared ownership home - ready summer - flooring and kitchen appliances included *

An exciting opportunity to get on the property ladder and into a brand new energy efficient home with Shared Ownership at The Pastures in Bideford.

Plot 83 - The Goodridge is a stunning 2-storey, 4-bedroom home with sparkling white walls and everything brand new. Step inside and find yourself in the entrance hallway. The living room sits at the front of the house, with a large open-plan kitchen diner complete with utility room at the rear, with double doors from the dining area leading out to the private rear garden.

Moving to the first floor, there are four well-proportioned bedrooms. The master bedroom has access to its own ensuite shower room, with the main family bathroom across the central landing. This home also offers an integral garage and 2 off road parking spaces.

Features:
* Air Source Heat Pump
* EV Charger
* Open plan kitchen/dining
* Utility Room
* Downstairs WC
* Range of integrated appliances
* Flooring throughout
* En-suite to main bedroom
* Storage
* Integral Garage and 2 off road parking spaces

Financial Breakdown:
Full market value: £385,000
40% share value £154,000
5% deposit: £7,700
Rent charged on un-owned share: 2.75%
Rent on un-owned share (60%) £529.38
Estimated monthly service charge: £60.69 incs building insurance

Discover contemporary 3 and 4-bedroom homes at The Pastures in the historic port town of Bideford, Devon.

Without a doubt, one of the main attractions of this fantastic location is its proximity to Westward Ho! Beach. This coastal delight is just a 10-minute drive away, so you can enjoy of the luxury of having this quaint slice of seaside paradise right on your doorstep. Take a tranquil coastal walk along the shore, treat the family to some of Torridge’s finest locally sourced fish and chips after a long day at the beach, or simply put down a picnic blanket on a weekend and listen to the soothing sounds of the waves lapping against the shore as you get lost in the pages of a good book.

If you enjoy treating yourself to some retail therapy now and then, you’ll be able to make great use of the Affinity Devon Outlet Shopping centre, just two miles down the road from The Pastures housing development.

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.

Is Shared Ownership right for me?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
... Then Shared Ownership could be right for you!

How does Shared Ownership work?
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.

As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.

Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.

Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

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.

Please note flooring and kitchen appliances subject to changes.

Disclaimers
o Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
O Share percentage advertised is an example.