The Grove, Okehmapton

2 bedrooms Mid terrace property for sale

£88,000 Shared ownership

  • 2 bedrooms
  • 1 bathroom

Key features

  • 2 Bedroom Mid Terrace
  • Brand New Development
  • Available on Shared Ownership
  • Picturesque Village Location
  • Two Parking Spaces
  • Contact Us Today For More Information

Full description

Tenure
Leasehold
Lease length
990-years
Annual service charge
£260.00
Shared ownership
Yes
Share
40%
Rental amount
£302.50
Rent frequency
Monthly

Solo Homes, in partnership with Cornerstone Housing, is pleased to offer this BRAND NEW 2 bedroom mid-terrace property at The Grove, Folly Gate, Okehampton.  Available on a shared ownership basis, this is a great way to make your next home purchase more affordable.

Internal accommodation comprises entrance hallway, living room, cloakroom, kitchen diner, two double bedrooms and a bathroom.  Outside is an enclosed rear garden and parking for 2 vehicles.

The property benefits from air source heat pumps, solar PVs, integrated oven, hob and extractor fans will be installed, two parking

spaces per property and generous sized gardens.

Location

Folly gate is a small rural village approximately 2.5 miles from the market town of Okehampton and within a 10-minute drive.

There is a local bus route into Okehampton and surrounding areas, and Okehampton has good transport links into Exeter and Plymouth.  The village is served by a pub serving as a social hub.

Local Area Connection

A local connection to the West Devon Borough is required, and priority will be given in the following order:

-  Having lived in the borough for at least 3 of the last five years

-  Has lived in the borough immediately prior for the last 6-12 months

-  Has close family in the borough

-  Works in the borough

Shared Ownership

The price of £88,000 is for a 40% share in the property, with other share amounts being available subject to affordability.  Based on a 40% share there is a monthly rent of £302.50, and a monthly service charge capped at £21.67 per month.  Interested parties are requested to complete a short financial assessment prior to application.

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