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Rush Meadow Road, Exeter

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Two Allocated Parking Space
  • Downstairs Cloakroom
  • Located In Cranbrook
  • No Onward Chain
  • 70% Shared Ownership
  • Modern Throughout

Description

***70% Shared Ownership House***
Located in the heart of Cranbrook, with plenty of amenities just a short walk away, is this much improved family home.

Greeted by a welcoming hallway, leading to a stylish kitchen/breakfast room.
To the rear, is a very spacious, open plan living/dining room, which is the full width of the property and offers access via a rear door leading to the garden.

Three good sized bedrooms can be found on the first floor, along with a modern family bathroom.

The rear garden is mainly lawn with footpath leading to the rear access and off parking space.

Who Can Apply? - In order to be considered for shared ownership, you will need to:
1. be unable to buy a similar property for your needs on the open market.
2. have enough savings or access to sufficient funds to put towards the deposit and other purchasing costs, such as legal and moving costs
3. in most cases you will need to have a local connection to the area where you would like to buy. This condition may form part of a local planning agreement. We can help you check this if you are unsure
4. have a gross household income of less than £80,000 per year
5. not currently own or have an interest in another property (although you may apply once you have a buyer for your property)

Local Connection Criteria - An eligible person means a person who is in need of Affordable Housing and who has a strong location connection with the administrative area of East Devon District Council or Exeter City Council (priority will be given to applicants with a local connection to the East Devon District) and who satisfies one or more of the following criteria .

* The person is currently resident in the area

* The person is currently employed in the area

* The person needs to live in the area to take up firmly committed employment

* The person has close family living in the area (i.e. mother, father, daughter, son, sister, brother).

* The person has been resident in the area for at least five of the last ten years.

This information has been taken from the Section 106 Agreement which is a planning condition.

Council Tax Band: C
Tenure: Leasehold (196 years)
Shared Ownership: 70% being sold, £176.53 per month rental payments
Rent = £176.53 + Building insurance £13.89 per month = £190.42

Entrance hall

Front door to front aspect with double glazed panel window, stairs leading to the first floor, access to understairs storage cupboard.

Kitchen

With a range of modern fitted base and wall level work units with roll top work surfaces, space for free standing washing machine, built in fridge freezer, integrated electric oven, electric hob and extractor fan over, inset one and a half stainless steel sink drainer, window to front of property.

Cloakroom

Low level WC, modern pedestal basin with mixer tap over, radiator.

Lounge/diner

Carpet, radiator, rear double glazed window and rear door leading to garden.

Landing

Carpet flooring, access to loft via loft hatch, storage cupboard, door to:

Bedroom 1

Carpeted, radiator, space for dressing table, two front double glazed window.

Bedroom 2

Carpeted, radiator, rear double glazed window.

Bedroom 3

Carpeted, radiator, rear double glazed window.

Bathroom

Modern three piece suite with panelled bath, stylish tiling surrounding bath to ceiling, low level WC and pedestal basin, radiator.

Outside

Allocated parking space To the rear of the property.

The rear garden is mainly lawn with patio footpath leading to rear gate. Shed.

Brochures

Brochure

Shared OwnershipA form of leasehold where you buy a percentage of the property, and pay rent on the share you don't own.Read more about shared ownership in our glossary page.

SHARED OWNERSHIP

70%

RENT

£176.53 monthly

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

196 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Rush Meadow Road, Exeter

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cranbrook Station1.3 miles
  • Whimple Station1.9 miles
  • Pinhoe Station3.6 miles
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About the agent

Butt Estates, Exeter

75 Fore Street, Topsham, EX3 0HQ

Butt Estates, Exeter

Butt Estates was founded by Director Nathan Butt in 2022 and is apart of the Pegg Estates Group . With a decade of experience, Nathan started at the bottom, progressing through each rank to senior branch manager; after working for two corporate estate agents. He has successfully guided individuals, like yourself, through the selling process & can quite literally complete every stage, from viewings, through to guidance on conveyancing. 

Butt Estates pledge to any individual looking to se

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Disclaimer - Property reference RS2334. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Butt Estates, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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