Chudleigh Road, Alphington, Exeter, Devon, EX2

Get onto the property ladder and into a brand new ENERGY EFFICIENT 3 bedroom home with Shared Ownership.

Plot 91 The Blake is a stunning semi-detached 4 bedroom home benefitting from a GARAGE, 2 PARKING SPACES and a SOUTH FACING GARDEN.

Available to purchase at a 30% share for £141,000 with a 5% deposit of £7,050 (Full market value £470,000).

The Blake is just perfect for growing families, this expansive house boasts a large, open-plan kitchen/diner with modern bi-folding doors leading to the garden, perfect for family meals or hosting guests.
The spacious living room features a large window which floods the space with natural light and the ground floor also features a WC and understairs storage cupboard.
Upstairs, you’ll find 3 spacious bedrooms and a stylish family bathroom suite, delivering a home which grows with you.
Moving to the top floor you will find the master bedroom, which benefits from a fitted wardrobe, tiled en-suite, dormer window & storage cupboard.

Features
• Garage & 2 parking spaces
• Carpets & flooring throughout
• South facing gardens
• Fitted kitchen including integrated oven, hob, extractor hood and washer/dryer
• Solar panels
• Cloakroom/WC
• En-suite to bedroom 1
• Fitted wardrobe and storage to Bedroom 1
• Under stair storage

Financial Breakdown:
Full market value: £470,000
30% share value £141,000
5% deposit: £7,050
Rent charged on un-owned share: 2.75%
Rent on un-owned share (70%) £753.96
Estimated monthly service charge: £35.00

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.

This fantastic development features a great selection of 2, 3, 4, & 5 bedroom Shared Ownership homes, ideal for growing families and first time buyers alike.
You’ll have access to good local amenities including supermarkets and a primary school.
Exeter City centre is 11 minutes’ drive providing a great selection of education, retail, employment, sport, and leisure opportunities. The beautiful Dawlish Warren Beach, Haldon Forest Park, and magnificent Dartmoor National Park are also nearby, with miles of paths and trails for walking, running, cycling, observing nature and much more!

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.