2 bed semi-detached house for sale

West Clyst, Exeter, Devon EX1

The Miranda is a spacious 2 bedroom home just perfect for first time buyers!

Available to purchase at a 40% share for £119,000 with a 5% deposit of £5,950 (Full market value £297,500).

Available plot 51
Downstairs features a popular u-shaped fitted kitchen with door leading to the rear patio and turfed garden. This home also benefits from a ground floor WC and handy storage cupboards.

Upstairs there are 2 double bedrooms and a stylish bathroom suite – bedroom 1 is bright
and spacious and bedroom 2 is also a great size and could also be used as a home office.

Features:
* Solar Panels
* Air source heat pump
* EV charging point
* South-Easterly facing garden
* Flooring throughout
* Off road parking for 2 vehicles
* Cooker, hob and extractor fan
* Cloakroom/WC
* Storage to both floors
* Patio, turf and shed to garden

Financial Breakdown:
Full market value: £297,500
40% share value £119,000
5% deposit: £5,950
Rent charged on un-owned share: 2.75%
Rent on un-owned share (60%) £409.06
Estimated monthly service charge: £39.01

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.

About Moonhill Rise, Exeter, a superb collection of 2,3 & 4 bedroomed Shared Ownership homes perfect for first time buyers, working professionals, and growing families.

Built to our own exacting standards these homes will exceed national space standards, incorporate increased storage, promote lots of natural daylight, and go further to support the health and wellbeing of future customers.
Living here you’ll benefit from good local amenities in both Pinhoe and Broadclyst, and with Exeter City centre just 11 minutes’ drive you’ll have a great selection of education, retail, employment, sport, and leisure opportunities on your doorstep.

Please note, there is a local connection requirement to East Devon Council.

Fulfords are the official selling agents for Sovereign Network Group (sng) who are a leading provider of affordable homes, delivering around 2,400 new homes each year across the south of England, helping thousands of people take their first or next step on the property ladder. Sng’s Homes and Place standard leads the way on setting the very highest standards for affordable homes and great places to live, and underpins their investment into building new homes.

Please note, images are of the 3 bedroom Ophelia Show Home and have been used for illustrative purposes only. Specification, layout and finish may be subject to change.