2 bed Flat For Sale £235,000
Situation Little Cotton Farm is a new community of one, two and three bedroom homes situated on the outskirts of the beautiful town of Dartmouth and nearby South Devon's Area of Outstanding Natural Beauty.
Located nearby beaches, excellent harbours and panoramic walks along the riverside, seaside and countryside, residents will be perfectly positioned to enjoy the best of nature and the excellent amenities which Dartmouth has to offer.
An array of pubs, bistros, excellent schools and a local Sainsbury's are all very nearby. A short walk away from the development is also Dartmouth Leisure Centre, equipped with regular gym activities and an indoor swimming pool.
Homes at Little Cotton Farm will be ready to move into from early 2022.
Eligibility and affordability Criteria applies...
To gain further information on these requirements please speak with one of our agents.
What is shared ownership If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 30% and 50%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Financial breakdown 100% Property value = £235,000
50% Share Value = £117,000
5% deposit Required = £5,875
Monthly Rent on Unowned Equity = £269
Service Charge & Fees pcm = £150 - £160
-
30% Share Value = £70,500
5% Deposit Required = £3,525
Monthly Rent on Unowned Equity = £377
Service Charge & Fees pcm = £150 - £160
Only available to purchase between 30-50% share, not available to purchase at 100% value.
£1,500 deposit contribution We are now offering £1,500 deposit contribution that will be payable as an allowance by Legal & General. This is in addition to your 5% minimum required deposit.
Please note this is this offer is not available in conjunction with any other promotion and subject to using a recommended panel solicitor. All incentives are subject to exchange of contracts within 28 days of receipt of legal pack.
Photography Images do not depict the actual development and represent a similar apartment style to specifications at Little Cotton Farm.
Located nearby beaches, excellent harbours and panoramic walks along the riverside, seaside and countryside, residents will be perfectly positioned to enjoy the best of nature and the excellent amenities which Dartmouth has to offer.
An array of pubs, bistros, excellent schools and a local Sainsbury's are all very nearby. A short walk away from the development is also Dartmouth Leisure Centre, equipped with regular gym activities and an indoor swimming pool.
Homes at Little Cotton Farm will be ready to move into from early 2022.
Eligibility and affordability Criteria applies...
To gain further information on these requirements please speak with one of our agents.
What is shared ownership If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 30% and 50%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Financial breakdown 100% Property value = £235,000
50% Share Value = £117,000
5% deposit Required = £5,875
Monthly Rent on Unowned Equity = £269
Service Charge & Fees pcm = £150 - £160
-
30% Share Value = £70,500
5% Deposit Required = £3,525
Monthly Rent on Unowned Equity = £377
Service Charge & Fees pcm = £150 - £160
Only available to purchase between 30-50% share, not available to purchase at 100% value.
£1,500 deposit contribution We are now offering £1,500 deposit contribution that will be payable as an allowance by Legal & General. This is in addition to your 5% minimum required deposit.
Please note this is this offer is not available in conjunction with any other promotion and subject to using a recommended panel solicitor. All incentives are subject to exchange of contracts within 28 days of receipt of legal pack.
Photography Images do not depict the actual development and represent a similar apartment style to specifications at Little Cotton Farm.
