3 bedroom terraced house for sale
Cranbrook, Exeter EX5
terraced house
bedrooms
Property photos
+6
Property description
*70% Shared Ownership House*
Located in the heart of Cranbrook, with plenty of amenities just a short walk away, is this much improved family home.
Greeted by a welcoming hallway, leading to a stylish kitchen/breakfast room.
To the rear, is a very spacious, open plan living/dining room, which is the full width of the property and offers access via a rear door leading to the garden.
Three good sized bedrooms can be found on the first floor, along with a modern family bathroom.
The rear garden is mainly lawn with footpath leading to the rear access and off parking space.
Who Can Apply? - In order to be considered for shared ownership, you will need to:
1. be unable to buy a similar property for your needs on the open market.
2. have enough savings or access to sufficient funds to put towards the deposit and other purchasing costs, such as legal and moving costs
3. in most cases you will need to have a local connection to the area where you would like to buy. This condition may form part of a local planning agreement. We can help you check this if you are unsure
4. have a gross household income of less than £80,000 per year
5. not currently own or have an interest in another property (although you may apply once you have a buyer for your property)
Local Connection Criteria - An eligible person means a person who is in need of Affordable Housing and who has a strong location connection with the administrative area of East Devon District Council or Exeter City Council (priority will be given to applicants with a local connection to the East Devon District) and who satisfies one or more of the following criteria .
* The person is currently resident in the area
* The person is currently employed in the area
* The person needs to live in the area to take up firmly committed employment
* The person has close family living in the area (i.e. mother, father, daughter, son, sister, brother).
* The person has been resident in the area for at least five of the last ten years.
This information has been taken from the Section 106 Agreement which is a planning condition.
Council Tax Band: C
Tenure: Leasehold (196 years)
Shared Ownership: 70% being sold, £176.53 per month rental payments
Rent = £176.53 + Building insurance £13.89 per month = £190.42
Located in the heart of Cranbrook, with plenty of amenities just a short walk away, is this much improved family home.
Greeted by a welcoming hallway, leading to a stylish kitchen/breakfast room.
To the rear, is a very spacious, open plan living/dining room, which is the full width of the property and offers access via a rear door leading to the garden.
Three good sized bedrooms can be found on the first floor, along with a modern family bathroom.
The rear garden is mainly lawn with footpath leading to the rear access and off parking space.
Who Can Apply? - In order to be considered for shared ownership, you will need to:
1. be unable to buy a similar property for your needs on the open market.
2. have enough savings or access to sufficient funds to put towards the deposit and other purchasing costs, such as legal and moving costs
3. in most cases you will need to have a local connection to the area where you would like to buy. This condition may form part of a local planning agreement. We can help you check this if you are unsure
4. have a gross household income of less than £80,000 per year
5. not currently own or have an interest in another property (although you may apply once you have a buyer for your property)
Local Connection Criteria - An eligible person means a person who is in need of Affordable Housing and who has a strong location connection with the administrative area of East Devon District Council or Exeter City Council (priority will be given to applicants with a local connection to the East Devon District) and who satisfies one or more of the following criteria .
* The person is currently resident in the area
* The person is currently employed in the area
* The person needs to live in the area to take up firmly committed employment
* The person has close family living in the area (i.e. mother, father, daughter, son, sister, brother).
* The person has been resident in the area for at least five of the last ten years.
This information has been taken from the Section 106 Agreement which is a planning condition.
Council Tax Band: C
Tenure: Leasehold (196 years)
Shared Ownership: 70% being sold, £176.53 per month rental payments
Rent = £176.53 + Building insurance £13.89 per month = £190.42
Council tax
First listed
Over a month agoEnergy Performance Certificate
Cranbrook, Exeter EX5
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.
Cranbrook, Exeter EX5 - Streetview
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