2 bed terraced house for sale

Chariot Drive, Kingsteignton, Newton Abbot, Devon TQ12

Apply now and unlock your home buying potential with Shared Ownership.

Available to purchase at a 40% share for £100,000 with a min 5% deposit. (Full market value £250,000).

Financial Breakdown:
Full market value: £250,000
40% share value £100,000
5% deposit: £5,000
Rent charged on un-owned share: £321.80
Rent on un-owned share (60%)
Estimated monthly service charge: Tbc

Two-Bedroom Shared Ownership Home in Chariot Drive, Kingsteignton.

Located in the popular area of Chariot Drive, this well-presented two-bedroom terraced home offers a fantastic opportunity for shared ownership.

The welcoming entrance hallway leads to a convenient downstairs WC, a well-equipped modern kitchen with ample storage, and a spacious lounge filled with natural light. Patio doors open onto a generously sized, sun-soaked garden, perfect for relaxing or entertaining.

Upstairs, the property boasts two well-proportioned bedrooms and a stylish family bathroom.

Externally, the home benefits from a delightful garden that enjoys plenty of sunlight throughout the day, allocated parking and a garage located beneath a coach house around the corner, offering additional storage or parking options.

An ideal choice for first-time buyers looking to step onto the property ladder in a desirable location.

Is Shared Ownership right for me?
- 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!

How does Shared Ownership work?
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.

As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.

Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.