West Clyst, Exeter, Devon, EX1

Applications now open for this beautifully presented ENERGY EFFICIENT 3 bedroom home!

Plot 47 The Ophelia is a superb SEMI-DETACHED 3 bedroom house with the benefit of a DRIVEWAY for 2 vehicles and a SOUTH FACING GARDEN.

CLICK ON THE VIRTUAL TOUR OF THE OPEHLIA SHOW HOME!

Available to purchase at a 40% share for £140,000 with a 5% deposit of £7,050 (Full market value £352,500).

This spacious 3 bedroom home is perfect for couples, families or downsizers!
Downstairs you’ll enjoy a spacious and airy living room, perfect for relaxing. To the back of the property you will find a stunning kitchen/dining room featuring a modern fitted kitchen and doors leading out to the turfed garden. This home also has a convenient utility room, WC, and storage cupboard.

Upstairs there are 3 excellent bedrooms and a stylish bathroom suite – bedroom 1 is spacious and features a tiled en-suite shower room, bedroom 2 is a bright double bedroom, and bedroom 3 is versatile and suitable for many uses, including child or guest bedroom, and home office.

FEATURES:
* Solar Panels
* Air source heat pump
* EV charging point
* South facing garden
* Flooring throughout
* Utility room
* Driveway for 2 vehicles
* Cooker, hob and extractor fan
* Cloakroom/WC
* En-suite to Bedroom 1
* Patio, turf and shed to garden

Financial Breakdown:
Full market value: £352,500
40% share value £141,000
5% deposit: £7,050
Rent charged on un-owned share: 2.75%
Rent on un-owned share (60%) £440.63
Estimated monthly service charge: £40.26

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

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.

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 have been used for illustrative purposes only. Specification, layout and finish may be subject to change.