3 bedroom house for sale

Available

Bay View, Bay View Road, EX39 1BJ

£172,500 · Shared Ownership New Build

Share percentage 50%, full price £345,000, £8,625 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£172,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £345,000, £8,625 Min Deposit.

Monthly Cost: £1,401
Rent £395, Service charge £45, Mortgage £961*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

  • Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
  • You have a deposit (at least 5% of the share value)
  • You are a first-time buyer or used to own a home, but cannot afford to buy outright now
  • The shared ownership property will be your principle and only home
  • You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.
  • Household minimum income must be above £53,267
Summary

This attractive new development is in an enviable location in the coastal town of Northam

Description

The Hazel is an attractive three bedroom home with looks to impress.

The spacious, well planned sitting room is ideal for any social gathering. It leads off to a corridor, separating the sitting room from the kitchen/dining room, which has doors leading to a handy understairs cupboard and cloakroom. It’s hard not to be impressed by the brightly lit kitchen/dining area featuring French doors and sunny kitchen window. This versatile space is equally suited for entertaining your visitors or cooking the family meal while watching the television. Regardless of your plans, you can rely on a superbly planned out kitchen, with plenty of space.

Upstairs you will find three bright bedrooms, perfect for growing families or offering your guests a room for the night. Having visitors stay over is made easier by having two upstairs bathrooms, one en-suite to bedroom one and a separate bathroom. Bedroom three gives you a storage cupboard to put away your clutter and ensure a relaxing home for everyone to enjoy.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**

Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.

Key Features
  • Open plan kitchen/diner
  • Separate living area
  • Built-in storage
  • Ensuite to the primary bedroom
  • Downstairs W.C
  • Driveway parking for two cars
  • French doors to the rear garden
  • Standard fitted kitchen
  • Indesit hob (60cm) with built-in single underoven, stainless steel
  • splashback and curved glass chimney hood
  • Ideal standard contemporary white sanitary ware suite
  • PVCu double glazing to windows and French doors
  • Gas central heating
  • Landscaped front gardens
  • Smoke alarm is included
  • Carbon Monoxide alarm is included
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document Floor Plan
Map
Barnstaple (7.70 miles) Chapleton (9.13 miles) Umberleigh (11.20 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£172,500
Shared Ownership New Build
Estimated Monthly Cost:£1,401
Rent £395
Service Charge £45
Mortgage £961

Share percentage 50%, full price £345,000, £8,625 Min Deposit. Calculated using a representative rate of 5.03%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.