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3 bedroom semi-detached house for sale

The Southwold at Kings Reach, Ottery St Mary, Devon, EX11

From £135,750

Property Description

Key features

  • Available to purchase on a part-buy-part-rent basis using home reach
  • Nearby local schools
  • Open plan kitchen, sitting room and dining area
  • French doors to rear garden
  • En suite and built-in wardrobe to bedroom 1
  • Garage and/or allocated parking

Full description


This property is available as shared ownership using Home Reach. Here you can buy from 50% - 75% of a Bovis Home (displayed price based on 50% share) and pay a low monthly rent on the part you don't buy.


50% SHARED OWNERSHIP! Available as PART-RENT-PART-BUY The Southwold features a choice of FITTED KITCHEN & dining area with spacious sitting room and FRENCH DOORS to garden. EN SUITE and FITTED WARDROBES to master bedroom. GARAGE and allocated parking.

Please note: All images and virtual tour are for illustrative purposes only. External details, internal specification, and layout may vary on individual properties. Images include optional upgrades at additional cost. Please refer to the sales advisor for specific plot details.


Opening times: Open daily 10am to 5pm


Sales manager: Tony & Yvette


This brand new development is situated in the eastern part of Devon, known to the locals as Ottery. This small town, supporting approximately 8000 members of its community, straddles the River Otter and is just twelve miles from Exeter off the B3174 - a perfect location to be in and out of the city in no time.


Ottery is known as a spectacular town steeped in centuries of beautiful history. The Kings School, situated close to Kings Reach, was established in 1335 as a choir school but was replaced by a Grammar School in 1545 by Henry VIII. It became an academy and government-endowed sports college in 2011 sharing its sports facilities, The Colin Tooze Sports Centre, with the public.



With Home Reach, smaller deposit requirements and lower monthly payments make it easier to buy the home you've always wanted!


You can initially purchase between 50% - 75% of your chosen Bovis Home, paying a low monthly rent on the part you don't buy. You will be granted a 125-year lease, which means you will be able to live in your home as if you've bought it outright. You can also buy more of your home in the future (up to 100% ownership, this is known as staircasing).


You are eligible to purchase a Bovis Home Reach Property if:



  • Your household income does not exceed 80,000

  • You have a deposit (at least 5% of the share value)

  • The property will be your principle home

  • You pass a financial affordability assessment




Room Dimensions

Ground Floor
  • Sitting room/dining area - 5.37 x 4.75m (17' 7" x 15' 7")
  • Kitchen - 2.83 x 2.46m (9' 3" x 8' 1")
First Floor
  • Bedroom 1 - 3.90 x 3.13m (12' 9" x 10' 3")
  • Bedroom 2 - 3.18 x 2.71m (10' 5" x 8' 11")
  • Bedroom 3 - 3.18 x 1.96m (10' 5" x 6' 5")


Listing History

Added on Rightmove:
21 March 2018

Floorplans

Map & Street View

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