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Somerville Crescent, Exeter

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

1

SIZE

970 sq ft

90 sq m

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

  • Semi-Detached FAMILY home
  • Three Bedrooms
  • Modern Kitchen/Diner
  • Spacious Living Room
  • Family Bathroom and Cloakroom
  • Available through Shared Ownership
  • Close to Local Amenities
  • Excellent Transport Links
  • Can be Bought at 100%
  • Rent for 40% Ownership: £398.89

Description

A MODERN THREE-BEDROOM SEMI-DETACHED FAMILY HOME | SHARED OWNERSHIP AVAILABLE AT 40% OR THE OPTION TO PURCHASE AT 100% OWNERSHIP

Situated in a convenient location, this modern three-bedroom semi-detached family home, built in 2016, offers well-presented accommodation ideally suited to first-time buyers, young families and those looking to get onto the property ladder.

The property benefits from a spacious living room, a modern kitchen/diner providing an excellent space for both everyday living and entertaining, three bedrooms, a family bathroom and a useful downstairs cloakroom. Further benefits include gas central heating via a combi boiler and the added appeal of a relatively modern build.

The property is available through a Shared Ownership scheme, offering the opportunity to purchase a 40% share, with the option to purchase the property outright at 100% ownership.

Shared Ownership Information:

40% Share Available
Option to Purchase at 100% Ownership
Rent Payable on 40% Share: £398.89 per month
Remaining Lease Term: Approximately 114 years

Share Purchase Price, Monthly rent:
40% £136,000, £398.89 pcm
50%, £170,000, £332.41 pcm
60% £204,000, £265.93 pcm
70% £238,000, £199.44 pcm
75% £255,000, £166.20 pcm

Conveniently positioned close to local amenities and benefiting from excellent transport links, the property provides easy access to the surrounding areas and Exeter city centre.

An excellent opportunity to purchase a modern family home through Shared Ownership, with the flexibility of purchasing the full 100% ownership if preferred. Early viewing is highly recommended.

In accordance with our legal and regulatory obligations, all vendors and purchasers are required to complete appropriate Anti-Money Laundering (AML) and identity verification checks before proceeding with a property transaction.

A fee is payable for the completion of these checks:
- Vendors: £25 + VAT per person
- Purchasers: £37.50 + VAT per person

The applicable fee is payable when the AML verification process is requested and covers the cost of carrying out the required identity and AML checks. Additional checks may be required where necessary to satisfy our legal and regulatory obligations.

Please note that payment of the AML verification fee does not guarantee that a transaction will proceed and does not form part of our estate agency commission.
 
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.
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Somerville Crescent, Exeter

Approximate location

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Affordability

Monthly repayments£674
Property: £ 136,000
Deposit: £ 13,600
Interest rate: 5.22%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Complete, Exeter

Winslade House Winslade Park Manor Drive Clyst St Mary Exeter EX5 1FY

We are a well-established and independent business that has a reputation for achieving the best possible price for our sellers by using exceptional marketing, combined with a pro-active approach from an experienced team.

To us 'Complete' is more than just a name. It's a whole way of thinking and working that ensures our service is as thorough as it possibly can be. For example, we're unusual in that we don't ever conduct a viewing without the negotiator having visited your home to absorb everything about it and to fully understand a property first. And when it comes to launching your property to the market we believe that the way we can help you achieve the best price is by ensuring we expose your property to the widest possible audience across a number of channels. Nor do we down-tools when an offer is accepted. Instead our Sales Progression Manager picks up your sale, to make sure it goes through smoothly and on time.

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Disclaimer - Property reference 101182026125. 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.