Linhay Drive, Kingsteignton, Newton Abbot, Devon, TQ12

Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1

Agent: Fulfords - Newton Abbot Phone: 01626 295526

Modern Two-Bedroom Terraced House in Kingsteignton – Shared Ownership, Chain Free<br/><br/>Apply now and unlock your home buying potential with Shared Ownership.<br/><br/>Available to purchase at a 40% share for £96,000 with a min 5% deposit. (Full market value £240,000).<br/><br/>Financial Breakdown:<br/>Full market value: £240,000<br/>40% share value £96,000<br/>5% deposit: £4,800<br/>Rent charged on un-owned share: £293.89<br/>Rent on un-owned share (60%) <br/>Estimated monthly service charge: £33.79<br/><br/>This well-presented two-bedroom terraced home offers modern living in the sought-after area of Kingsteignton. The property features a neat, low-maintenance garden ideal for enjoying the outdoors without the upkeep, along with off-street parking and lovely views. Conveniently located near local amenities and transport links, this home is available on a shared ownership basis with no onward chain, making it a fantastic opportunity to step onto the property ladder.<br/><br/>Is Shared Ownership right for me?<br/>- As long as you are over 18<br/>- Your household income is less than £80,000<br/>- And you don’t already own a home at the time of buying your shared ownership property<br/>… then Shared Ownership could be right for you!<br/><br/>How does Shared Ownership work?<br/>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.<br/><br/>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.<br/><br/>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.<br/>Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.<br/><br/>