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£112,500
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
The ground floor apartment was built in 2021, located in Chivenor, close to the village of Braunton and has easy access to Barnstaple.
The property is well designed, with two double bedrooms and the main bedroom has an ensuite shower room, there is a separate family bathroom as well. Neutral throughout and is a turn-key opportunity.
The open planning living/dining and kitchen room is more than generous to provide space with a dining table. The kitchen has plenty of storage with wall and base units. Outside there is an allocated/designated parking space.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
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