Flora Close, Exmouth

3 bedrooms End terrace property for sale

£140,000 Shared ownership

  • 3 bedrooms
  • 1 bathroom

Key features

  • 3 Bedroom End Terrace
  • Available on Shared Ownership
  • Well Presented and Maintained
  • Good Access to the Center of Exmouth
  • Enclosed Rear Garden
  • Contact Us Today For More Information

Full description

Tenure
Leasehold
Lease length
118-years
Annual service charge
£215.40
Shared ownership
Yes
Share
50%
Rental amount
£297.61
Rent frequency
Monthly

Solo Homes, in partnership with Cornerstone Housing, is pleased to offer this modern 3 bedroom end terrace property, under 2 miles from the center of Exmouth.  Available on a shared ownership basis, this is a great way to make your next home purchase more affordable.  This beautifully maintained 3-bed end terraced house (previously a 2 bed) comprises of an entrance hall, living room, kitchen/diner, downstairs cloakroom, 3 bedrooms and a family bathroom.  Externally there is parking for two vehicles and a rear garden with storage.

The property is situated in a cul-de-sac of modern houses and bungalows which were built in 2017.   A variety of local amenities, including bar, shops and boutiques are located in close proximity.  There are also various transport links within easy reach.

EPC rating B

Term of Lease 125 years from 1 January 2018

Current rent: £297.61

Current service charge: £17.95

Pets allowed: Yes

No age restriction

Local Area Connection -  Applicants will be required to have a local connection to Exmouth - and will be prioritised in the following order: currently resides in Exmouth for at least 3 years, formally resided in Exmouth for a period exceeding 5 years, works in Exmouth for 16 hours or more a week for at least 12 months, and finally has a close family member residing in Exmouth. If no applicants meet this criteria, we will consider all applicants within East Devon.

Shared Ownership

The price of £140,000 is for a 50% share in the property, with a monthly rent of £297.61 payable on the outstanding amount.  There is also a monthly service charge of £17.95.  Interested parties are requested to complete a short financial assessment prior to application.

Application form can be found on Cornerstones website.  Following receipt of applications and if the local criteria is met, Cornerstone will pass applicants details onto their independent financial advisor, for an affordability assessment.  Once affordability confirmed viewings can be arranged with the sellers.

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