3 bedroom house for sale

Available

5 Channings Drive, Tithe Barn, Exeter, EX1 4AA

£118,000 · Shared Ownership Resale

Share percentage 40%, full price £295,000, £11,800 Min Deposit.

Available
3 bedrooms
1 Bathroom
£118,000 Shared Ownership Resale

Share percentage 40%, full price £295,000, £11,800 Min Deposit.

Monthly Cost: £1,078
Rent £473, Service charge £9, Mortgage £596*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

Welcome to 5 Channings Drive, Exeter - a charming townhouse that exudes modern style! This delightful property boasts a spacious living room

Description

About the home
As you step inside this beautiful townhouse, you'll immediately feel at home with its neutral and stylish décor throughout. The entrance hallway features luxury vinyl flooring, which is not only beautiful but also easy to clean - perfect for removing your coats and shoes.

This elegant wood-effect flooring continues into the spacious living room, which is bathed in natural light from the large front window. The room is equipped with TV aerial, Sky/cable, and telephone points, ensuring your connection needs.

Moving through to the kitchen/dining room, you'll find the same luxury vinyl flooring. This modern space features a sleek black 1.5 granite sink, an integral electric hob and oven, and an extractor fan. There are designated areas for your washer/dryer and fridge/freezer and the room also has TV aerial and Sky/cable points. French doors open up onto the rear garden, perfect for indoor/outdoor living during the warmer months.

Both staircases, the landings, and the bedrooms are fitted with lush grey carpet, adding an extra touch of comfort to this home. On the first floor, you'll find the family bathroom and two double-sized bedrooms. Bedroom one is located on the second floor, offering a spacious private retreat. Both bedroom one and bedroom two also benefit from TV aerial and Sky/cable points.

The modern family bathroom boasts luxury vinyl flooring, full tiling around the bath, a white bathroom suite with a shower over the bath, and a shower screen.

Outside, the property features an enclosed rear garden laid to lawn with a patio area and a shed, providing ample space for relaxation and storage.

Measurements
Entrance hallway: 1.26m x 1.5m
Landing: 3.4m x 1m
Living room: 3.8m x 3.7m
Kitchen/diner: 3.62m x 2.71m
Bathroom: 2.6m x 1.7m
Bedroom one: 6.5m x 2.7m
Bedroom two: 3.62 x 3.19m
Bedroom three: 3.62m x 2.71m
Rear garden: 8.1m x 4.1m

2 allocated parking spaces
Council tax band: C
Remaining lease term: 123 years

*While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared Ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Key Features
  • Standard model shared ownership
  • 3-spacious bedrooms
  • Mid terrace house
  • 40% share for £118,000
  • Monthly rent: £473.21
  • 2 allocated parking spaces
  • Town house
  • Remaining lease term: 123 years
  • Luxury vinyl flooring on ground floor
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Map
Pinhoe (0.79 miles) Polsloe Bridge (1.97 miles) Cranbrook (Devon) (2.03 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.

£118,000
Shared Ownership Resale
Estimated Monthly Cost:£1,078
Rent £473
Service Charge £9
Mortgage £596

Share percentage 40%, full price £295,000, £11,800 Min Deposit. Calculated using a representative rate of 4.59%


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.