3 bed semi-detached house for sale

Leytown Drive, Bideford, Devon EX39

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

Plot 85 is available to purchase at a 40% share for £138,000 with a 5% deposit of £6,900. (Full market value £345,000).

The Mountford is an attractive double-fronted home offering balanced design in its exteriors and balanced living spaces in its interiors. The ground floor features two substantial living spaces, each of which run the full length of the home. There’s a sizeable, dual aspect living room which is bright and airy and a kitchen/dining room which offers all the benefits of open plan, along with a cloakroom and utility room.

On the first floor are three well-proportioned bedrooms. An en suite for bedroom one provides some privacy, and along with a family bathroom, ensures that no-one is short of bathroom space in the morning.
Outside there are 2 off road parking spaces.

With its well thought-out and sociable spaces, the Mountford is the ideal home for 21st century living.

Features:
* Air Source Heat Pump
* EV Charger
* Range of integrated appliances
* Flooring throughout
* En-suite to main bedroom
* Utility room
* Downstairs WC
* Off road parking for 2 vehicles

Financial Breakdown:
Full market value: £345,000
40% share value £138,000
5% deposit: £6,900
Rent charged on un-owned share: 2.75%
Rent on un-owned share (60%) £474.38
Estimated monthly service charge: £58.52 pcm to include building insurance.

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.

Discover contemporary 2,3, and 4-bedroom homes at The Pastures in the historic port town of Bideford, Devon.

Whether you're buying your first home, moving up the property ladder, or downsizing, these energy-efficient new builds offer a clean, modern design and a relaxed coastal lifestyle. Each home features stylish interiors and is thoughtfully designed for modern family living.

Selected properties include bi-fold doors that extend living space into the garden, while open-plan layouts create a seamless flow and bright, airy spaces. Every brand-new home offers excellent energy efficiency to help lower your bills, plus peace of mind with a 10-year NHBC Buildmark warranty included.

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 10% 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.