2 bed semi-detached house for sale

Clover Way, Newton Abbot, Devon TQ12

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

Available to purchase at a 50% share for £122,500 with a min 5% deposit. (Full market value £245,000).

Financial Breakdown:
Full market value: £245,000
50% share value £122,500
5% deposit: £6,125
Rent charged on un-owned share: £287 including service charge and ground rent
Rent on un-owned share (50%)

A fantastic opportunity to purchase this two-bedroom shared ownership home in the sought-after area of Clover Way, Newton Abbot. The property offers a welcoming entrance hall with storage, a well-equipped kitchen, a downstairs WC, and a spacious lounge with patio doors opening onto the sunny garden. Upstairs boasts two double bedrooms, a family bathroom, and additional storage. Outside, enjoy two allocated parking spaces and a private garden, perfect for relaxing or entertaining.

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.