House For Sale £152,500
Shared ownership (Advertised price represents 50% share. Full market value £305,000). A rare chance to buy a spacious, shared-ownership family home with driveway, two-car garage, balcony and rear garden. The site is split level with entrance to the recently-constructed property on what could be considered the lower ground floor. The garage includes a utility area and there is a cloakroom off generously-sized entrance hallway. Stairs lead up to a landing and a 27', semi-open-plan main room with sleek kitchen and well-defined sitting and dining areas. On the top floor is a bedroom with Juliette balcony and en-suite shower room plus a second comfortable double bedroom, a smaller third bedroom/study and a simple yet stylish bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system have resulted in a very good energy-efficiency rating. There are supermarkets and other shops in Kingsteignton and Newton Abbot town centre/railway station can be easily reached via bus or cycle ride. The location allows easy access to the A380 for travel north towards Exeter or south towards Torquay and Paignton.
Interested parties are required to complete the shared ownership common application form
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(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: heylo.
Tenure: Leasehold (125 years from 2021).
Minimum Share: 50% (£152,500).
Shared Ownership Rent: £335.32 per month (subject to annual review).
Combined Service Charge, Insurance and Admin Fee: £51.99 per month (subject to annual review).
Guideline Minimum Income: Dual - £39,400 Single - £44,600 (based on minimum share and 10% deposit).
Council Tax: Band D, Teignbridge District Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. 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.
3. 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).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Lower Ground Floor
Entrance Hall
Cloakroom
Garage
27' 9" max. X 17' 2" max. (8.46m x 5.23m)
Ground Floor
Semi-Open-Plan Main Room
27' 0" max. X 16' 11" max. (8.23m x 5.16m)
First Floor
Bedroom 1
12' 2" x 9' 8" (3.71m x 2.95m)
En-Suite Shower Room
Bedroom 2
10' 11" x 9' 9" (3.33m x 2.97m)
Bedroom 3
9' 0" max. X 6' 10" max. (2.74m x 2.08m)
Bathroom
Interested parties are required to complete the shared ownership common application form
[]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: heylo.
Tenure: Leasehold (125 years from 2021).
Minimum Share: 50% (£152,500).
Shared Ownership Rent: £335.32 per month (subject to annual review).
Combined Service Charge, Insurance and Admin Fee: £51.99 per month (subject to annual review).
Guideline Minimum Income: Dual - £39,400 Single - £44,600 (based on minimum share and 10% deposit).
Council Tax: Band D, Teignbridge District Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. 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.
3. 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).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Lower Ground Floor
Entrance Hall
Cloakroom
Garage
27' 9" max. X 17' 2" max. (8.46m x 5.23m)
Ground Floor
Semi-Open-Plan Main Room
27' 0" max. X 16' 11" max. (8.23m x 5.16m)
First Floor
Bedroom 1
12' 2" x 9' 8" (3.71m x 2.95m)
En-Suite Shower Room
Bedroom 2
10' 11" x 9' 9" (3.33m x 2.97m)
Bedroom 3
9' 0" max. X 6' 10" max. (2.74m x 2.08m)
Bathroom
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