Detached house for sale in Foxmill Gardens, Willand Road, Cullompton, Devon EX15

An exciting opportunity to get on the property ladder and into a brand new, perfect starter 2 bedroom home with Shared Ownership at Foxmill Gardens, Willand.

Plot 38 – The Teasel, a superb 2 bedroom semi-detached home offering 2 off street parking spaces

Available to purchase at a 40% share for £103,000 with a 5% deposit of £5,150. (Full market value £257,500).

On the ground floor, you are welcomed by a roomy entrance hall with door to a well proportion kitchen, WC and under stair storage cupboard. At the end of the hallway, you’ll find a well-proportioned living/dining room, perfect for unwinding in the evenings and entertaining at the weekends with a door to your private rear garden creating the perfect social space for guests.

Upstairs, you’ll find 2 double bedrooms and a modern bathroom suite - bedroom 1 is spacious and bedroom 2 is a bright double room.

Features
• Modern fitted kitchen
• Light and airy living/dining room
• Sleek main bathroom
• Two double bedrooms
• Two off road parking spaces

Financial Breakdown:
Full market value: £257,500
40% share value £103,000
5% deposit: £5,150
Rent charged on un-owned share: 2.75%
Rent on un-owned share (40%) £354.06
Estimated monthly service charge: £45.00

Is Shared Ownership right for me?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then Shared Ownership could be right for you!

How does Shared Ownership work?
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

This fantastic development features a great selection of 2,3,4, & 5 bedroom homes ideal for growing families and first time buyers alike. You’ll have access to good local amenities including supermarkets and a primary school.
Living here you will benefit from all the amenities of Cullompton, a Tesco, library, eateries, local shops and library, Exeter City centre is less than a 30 minutes drive providing a great selection of retail, employment, sport, and leisure opportunities. You have Tiverton Canal on your doorstep with miles of country routes for walking, running and cycling! There are fantastic transport links with a regular bus service, Tiverton Parkway train station having a direct link to London Paddington and the M5 just a stones throw away.

Fulfords are the official selling agents for Sovereign Network Group (sng) who are a leading provider of affordable homes, delivering around 2,400 new homes each year across the south of England, helping thousands of people take their first or next step on the property ladder. Sng’s Homes and Place standard leads the way on setting the very highest standards for affordable homes and great places to live, and underpins their investment into building new homes.

*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change.