3 bedroom bungalow for sale

Welcome to the tranquil village of Witheridge, North Devon - first phase of homes now available!A new collection of 2, 3, 4 & 5 bedroom houses and bungalows available with Shared Ownership. Located in the tranquil, rural village of Witheridge, Devon.Enjoy a laidback village lifestyle in the heart of the Devon countryside, Benson Grange is the perfect place to put down roots.Plot 6 is a 958 square foot, three bedroom detached house with a modern, open plan living area finished to a high standard, with a range of integrated appliances, private garden and 2 parking spaces at Benson Grange, available to purchase through Shared Ownership from a 40% share.Financial Breakdown:Full Market Value: £340,00040% Share Value: £136,0005% deposit of 40%: £6,800Rent on unowned share: £467.50 per monthService Charge: £84.11 per monthAnticipated Household Income Required to Purchase a 40% Share: £46,159Council Tax: TBC* There is a good selection of local shops, schools, community groups and clubs to get involved in, with a wider range of leisure facilities, restaurants and shopping opportunities in the local area.Tiverton is just over 10 miles away and the historic town of Exeter is approx. 20 miles away, with trains to Paddington taking under 3 hours.There are nearby local bus services, Lapford Station is 8 miles away, with close connections to the A361, A377 and M5.Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.LOCAL AREALiving in Witheridge will give you fantastic access to the many delights of the Devon countryside, with Exmoor National Park over 15 miles away and Dartmoor National Park 38 miles to the south plus the Tamar Valley AONB 50 miles away.There are plenty of forests, parks woodland and gardens to discover such as Eggesford Forest, Haldon Forest park and even Wellhayes vineyard.National Trust properties are also numerous including Killerton, Knightshayes Gardens and Castle Drogo.There are also plenty of places keeping the history alive and the rural lifestyle to experience such as Tiverton Museum of Mid Devon life, the Grand Western Canal Country park, Middleweek horse drawn farm and Diggerland Devon.With many of Devon's finest beaches and seaside towns also nearby, you are spoilt for choice for places to go and make memories.WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 10 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homesELIGIBILITY CRITERIA:
To be eligible for a home at Benson Grange, you'll need to:Have a combined household income under £80,000 per annumNot already own a property, or part of a property, at the time of completing on your purchaseBe unable to purchase a suitable home to meet your housing needs on the open marketHave a minimum of £5,000 to cover the costs of buying a homeCustomers with a live/work/ family connection to Witheridge and local parishes will be prioritisedCouncil Tax: TBCCouncil tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.CGI images are a representation of the house styles in the development of Benson Grange