2 bedroom house for sale
Pavey Run, EX11 1FQ
Share percentage 25%, full price £290,000, £3,625 Min Deposit.
Share percentage 25%, full price £290,000, £3,625 Min Deposit.
Monthly Cost: £827
Rent £385,
Service charge £38,
Mortgage £404*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Who is it for?
- 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
Local Connection Requirement to East Devon District Council - Lives 3 years in district ( or 3 out of 5 years). Working more than 16 hours per week. Immediate blood relative in the area for 5 years.
Summary
2 bed house located in Ottery St Mary
Description
This cosy two-bedroom end terraced home has an open plan kitchen, dining area and lounge looking out onto the landscaped patio with steps down to the garden.
There is a WC located on the ground floor as you enter the property to the right before opening the door into the main living area of the home.
Upstairs you will find 2 large bedrooms with a bathroom in between.
The property has parking for 2 cars located at the front of the house.
The house is situated in a quiet road with no through traffic. A bus route is a 5minute walk away and the local, quaint town a 15 minute walk.
Local Connection Requirement to East Devon District Council - Lives 3 years in district ( or 3 out of 5 years). Working more than 16 hours per week. Immediate blood relative in the area for 5 years.
Key Features
- Open plan kitchen/ diner/ living room
- Landscaped garden plus two parking spaces at front
- End terrace with own side access
- Two double bedrooms
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: C
Property Downloads
Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 25%, full price £290,000, £3,625 Min Deposit. Calculated using a representative rate of 5.03%
