Yonder Acre Way, Cranbrook, EX5 7FZ
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
880 sq ft
82 sq m
Key features
- Semi-Detached FAMILY home
- Three Bedrooms
- Modern Kitchen
- Bright and Airy Sitting Room
- Bathroom and Cloakroom
- Enclosed Rear Garden
- Off Road Parking
- Close to New Town Centre
- Excellent travel links to Exeter
- Local Schools & Rail Station
Description
SHARED OWNERSHIP with Live West on a 40% share basis.
The share purchase price is calculated using the full market value and the percentage share purchased.
If you buy a 40% share, the share purchase price will be £112,000 and the rent will be £369.68 a month.
Your annual rent is calculated as 2.64% of the remaining share of the full market value owned by the landlord.
All figures are subject to change.
In addition to the rent above, the monthly payment to the landlord
includes:
Service charge £13.23
Buildings insurance £13.89
Total monthly payment excluding rent £27.12
Reservation fee £500.00
You'll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home.
If you complete on the purchase of your home, the reservation fee will be added to your rent account. If you or the seller withdraw from the sale the £500 will be refunded.
You can apply to buy the home if both of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Tenure: Leasehold
Lease type: Shared ownership house lease
Lease term: 125 years from and including 1 November 2018
Maximum share you can own: You can buy up to 100% of your home.
Transfer of freehold: At 100% ownership, the freehold will transfer to you.
Council Tax Band C
Brochures
45 Yonder Acre Br...- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Yonder Acre Way, Cranbrook, EX5 7FZ
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Visit our security centre to find out moreDisclaimer - Property reference 101182023544. 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 Complete, 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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