House For Sale £147,500
Aylesbeare is a beautiful area set on the outskirts of Exmouth Town, around a 30 minute drive. Set in this semi rural location this mid terraced town house provides an affordable option for someone to purchase a shared ownership property on an 80/20% split.
The house is well presented throughout with plenty of natural light and a modern feel. The main living room with open plan staircase overlooks the front, whilst the Kitchen Breakfast Room overlooks and leads out to the rear Garden with lovely far reaching countryside views. The first floor has two double bedrooms and a modern Shower Room, all with double glazing. To the front there are two allocated Parking Spaces.
Agents Note:
Shared ownership scheme at bramble mead, aylesbeare
what is shared ownership?
Shared ownership housing is a scheme, which aims to bridge the gap between owner occupation and renting. It gives people who at present cannot afford full home ownership the opportunity of buying a percentage share in their own property and brings with it both the benefits and responsibilities of owner occupation.
Under this scheme the shared owner buys a long lease on a property and pays a peppercorn ground rent on the remaining equity, which is retained by the housing association.
Who is shared ownership for?
To qualify for this scheme you must:-
# Have a strong local connection through birth, upbringing, employment or a previous period of residency.
# Have a total household income which is sufficient to meet monthly mortgage payment and service charge
# Have a total household income which is insufficient to enable you to purchase your own home in the open market with the aim of a mortgage
How does shared ownership work
In addition to your mortgage payment you will also pay to the housing association a monthly service charge presently £23.61 per month plus the annual structural insurance.
(There is no rent due on the remaining 20% equity)
For further information please contact @Home Estate & Letting Agents whom will go through this beneficial scheme.
Entrance Vestibule
The front door leads into this vestibule area, ideal for coats and shoes with a PVCu double glazed window,
Living Room
The main living space is open plan to the stairs. There is a large PVCu double glazed window overlooking the front, an electric wall mounted radiator and a door ledas through to the Kitchen Breakfast Room
Kitchen Breakfast Room
Fitted with a modern Kitchen there is ample space for a dining table and chairs. The PVCu double glazed window and door give plenty of natrual light overlooking the rear Garden with far reaching rural views.
Furthermore there are base units with work surfaces, spaces for fridge/freezer, washing machine and dishwasher.
Landing
The landing area at the top of the stairs gives access to both Bedrooms and the Shower Room
Bedroom One
This larger of the two Bedrooms has a PVCu double glazed window that overlooks the front and a storage cupboard.
Bedroom Two
The second double Bedroom has a PVCu double glazed window with far reaching country side views.
Shower Room
A modern easy maintenance shower room with walk in shower cubicle, w.c, hand basin, heated towel rail & PVCu double glazed window.
Outside
To the rear of the home is an enclosed Garden with space for table and chairs, shed, patio and lovely rural views over the neighbouring countryside. Access from the Kitchen.
To the front of the house is a Garden space with off road parking for two vehicles.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
The house is well presented throughout with plenty of natural light and a modern feel. The main living room with open plan staircase overlooks the front, whilst the Kitchen Breakfast Room overlooks and leads out to the rear Garden with lovely far reaching countryside views. The first floor has two double bedrooms and a modern Shower Room, all with double glazing. To the front there are two allocated Parking Spaces.
Agents Note:
Shared ownership scheme at bramble mead, aylesbeare
what is shared ownership?
Shared ownership housing is a scheme, which aims to bridge the gap between owner occupation and renting. It gives people who at present cannot afford full home ownership the opportunity of buying a percentage share in their own property and brings with it both the benefits and responsibilities of owner occupation.
Under this scheme the shared owner buys a long lease on a property and pays a peppercorn ground rent on the remaining equity, which is retained by the housing association.
Who is shared ownership for?
To qualify for this scheme you must:-
# Have a strong local connection through birth, upbringing, employment or a previous period of residency.
# Have a total household income which is sufficient to meet monthly mortgage payment and service charge
# Have a total household income which is insufficient to enable you to purchase your own home in the open market with the aim of a mortgage
How does shared ownership work
In addition to your mortgage payment you will also pay to the housing association a monthly service charge presently £23.61 per month plus the annual structural insurance.
(There is no rent due on the remaining 20% equity)
For further information please contact @Home Estate & Letting Agents whom will go through this beneficial scheme.
Entrance Vestibule
The front door leads into this vestibule area, ideal for coats and shoes with a PVCu double glazed window,
Living Room
The main living space is open plan to the stairs. There is a large PVCu double glazed window overlooking the front, an electric wall mounted radiator and a door ledas through to the Kitchen Breakfast Room
Kitchen Breakfast Room
Fitted with a modern Kitchen there is ample space for a dining table and chairs. The PVCu double glazed window and door give plenty of natrual light overlooking the rear Garden with far reaching rural views.
Furthermore there are base units with work surfaces, spaces for fridge/freezer, washing machine and dishwasher.
Landing
The landing area at the top of the stairs gives access to both Bedrooms and the Shower Room
Bedroom One
This larger of the two Bedrooms has a PVCu double glazed window that overlooks the front and a storage cupboard.
Bedroom Two
The second double Bedroom has a PVCu double glazed window with far reaching country side views.
Shower Room
A modern easy maintenance shower room with walk in shower cubicle, w.c, hand basin, heated towel rail & PVCu double glazed window.
Outside
To the rear of the home is an enclosed Garden with space for table and chairs, shed, patio and lovely rural views over the neighbouring countryside. Access from the Kitchen.
To the front of the house is a Garden space with off road parking for two vehicles.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
