Abbeyford Vale, Okehampton

Full description

A superb opportunity to purchase this brand new 3 bedroom end terrace property in the highly sought after development of Abbeyford Vale, in Okehampton.  Available on a shared ownership basis, this is a great way to make your next home purchase more affordable.  Located less than a mile from the centre of Okehampton, where local amenities can be found, the development enjoys views over the countryside.  Dartmoor and the A30 are both within easy reach.

Plot 57 - End terraced house, comprising of entrance hall, cloakroom, open plan, living/kitchen and dining area to the ground floor, and three bedrooms and bathroom on the first floor.  Two parking spaces to the side of the properties and rear gardens.

All properties will include solar PV panels, gas central heating, ducting for future electric vehicle charging, built in oven & hob & external storage sheds.

Local Area Requirement

To purchase these properties, you must have a local connection to Okehampton, in the order as follows: 

1. The person has lived in Okehampton for 3 out of 5 years.

2. The person immediately prior to the application has lived in Okehampton for 6 out  12  months preceding the allocation. Immediate family have lived in the town themselves for 5 years. (immediate family is defined as parents, siblings and known dependent children)

3. The person has permanent employment in Okehampton with a minimum contract of 16 hours and has done so for a minimum of 6 months prior to application.

Shared Ownership

The price of £106,000 is for a 40% share, with other share amounts available subject to affordability.  Based on a 40% share, there is a monthly rent of £364.38, and a monthly service charge of approximately £30.25.  Interested parties are requested to complete a short financial assessment prior to application.

Anticipated Completion:  March 2025

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