Luxton Way, Wiveliscombe, Taunton

SUMMARY
LIMITED AVAILABILITY! 2 Bedroom semi-detached home with parking! This stunning home is offered to the market on a shared ownership basis available from a 45% share. SHARED OWNERSHIP!


DESCRIPTION
The rare opportunity to be able to purchase plot 63 which is a 2 bedroom semi detached brand new shared ownership home, with tandem parking. Situated on a sought after development.

Address - 25 Luxton Way,Taunton,TA4 2BW
Open market - £225,000
45% share- £114,750
Rent - £321.41
Service charge - £21.88

Heathstock Rise is a practical and appealing choice for those who are looking to get on the property ladder. GET IN TOUCH TODAY!

Location 
Welcome to Heathstock Rise in Wiveliscombe, affectionately known as “Wivey.” This picturesque market town sits at the foot of the Brendon Hills in Somerset and acts as a gateway to Exmoor National Park. It blends rural charm with a friendly, lively community. Wiveliscombe has a great mix of independent shops, traditional pubs and breweries. With beautiful countryside all around, it’s ideal for walking, cycling and enjoying the outdoors. The town lies around 10 miles west of Taunton and benefits from easy access to the A358, A38 and M5, offering straight forward links to Taunton, Exeter, Bristol and the wider South West. Regular buses run to Taunton. From there you can access direct mainline rail services to London and many other areas. With its welcoming community, strong local amenities and well connected transport connections, Heathstock Rise is the perfect place to buy your new home.

About Magna 
Magna Housing is a medium-sized, independent housing company which works with local communities to help people solve their housing problems and make their housing dreams come true, overwhelmingly in the counties of Dorset and Somerset.

What Is Shared Ownership?  
You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.

It does not mean that you have to share your home with anyone! Not just for first time buyers!

Eligibility  
You are not eligible to apply if you:
-Already own a home, or
-Are selling your current home but it is not yet under offer (sold subject to contract).

Basic shared ownership criteria:
-You cannot afford to buy a similar home on the open market.
-You do not have any County Court Judgements (CCJs) against you.
-Your household income does not exceed £80,000.
-You can afford the mortgage and deposit for the share you wish to purchase, or you have enough equity to buy the share.
-You do not own another property (if you do, it must be sold before completing on the shared ownership home).

Local Connection 
Month 1 of advertising- from 1/9/26: Buyers must have a local connection to Wiveliscombe. This means you must either live in Wiveliscombe, work in Wiveliscombe, or have close family living there.

Month 2: If no suitable buyers from Wivesliscombe are found in the first month of advertising, buyers with a local connection to the neighbouring parishes of Huish Champflower, Clatworthy, Brompton Ralph, Fitzhead, Milverton, Bathealton and Chipstable will be able to apply

Month 3: If no suitable buyers are found in months 1 or 2, applications will be opened to anyone living within the wider Somerset Council area.

Please Note 
We will endeavour to use the photographs and virtual tours of the actual property but may also show pictures/videos of the showhome, other plots on the development and/or computer generated images. Floorplan images may be handed. Reservation fee applies.


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.