Detached house for sale in Ikea Way, Exeter, Devon EX2

Newcourt Edge is an exciting new development in Exeter where you can enjoy contemporary living at its best together with fantastic doorstep amenities in this ancient, yet vibrant city.

A selection of 2,3, & 4 bedroom homes cleverly designed with bright, generous living space you can adapt to suit your unique lifestyle.

We are delighted to offer this exciting opportunity of getting onto the property ladder and into a stylish, brand new <b>energy efficient, 2 bedroom detached home </b> now available to purchase with the government backed Shared Ownership Scheme.

Plot 7 - The Buckthorn is a delightful 2 bedroomed detached coach house benefitting from 2 parking spaces, with anticipated completion Winter 2024.

The full market value of £295,000 is available to purchase from a 10% to 75% share.
Price shown is for a 25% share at £73,750 with a deposit of £3,687.50

Call now to register your interest.

Purchasing a new home could not be easier and it makes perfect sense too, with high energy efficiency this home will work just as hard as you do to keep your energy bills low.

Plot 7 - The Buckthorn is just perfect for either first time buyers or small families and offers a versatile, light and airy open plan living area with a modern fitted kitchen and integrated eco appliances; single electric fan oven, gas hob with glass splashback, extractor hood and vinyl flooring to the kitchen/dining area. There is a convenient storage cupboard off the hallway and 2 double bedrooms. The family bathroom offers additional cupboard storage and full height wall tiling to the bath area and mixer style shower over. This home also benefits from 2 parking spaces.

Key features:

• Spacious open plan living area
• Modern fitted kitchen with integrated appliances
• 2 Double Bedrooms
• 2 Storage areas
• Energy efficient lighting and efficient combi gas boiler
• PVC-u white windows with energy efficient sealed unit.
• Vinyl flooring to kitchen/diner and bathroom
• Cable for Electric Vehicle charging
• 10 year build warranty
• 2 Parking Spaces

Newcourt Edge enjoys excellent transport links with the M5 just 10 minutes away, a direct rail service to London Paddington in 2.5 hours and Exeter Airport on the doorstep.
Devon’s capital city has a vibrant, modern feel with a host of independently run shops and places to eat. Exeter itself enjoys a rich, historic past that has gifted the city a wealth of must-see attractions, namely its mysterious Underground Passages, Royal Albert Memorial Museum, Cathedral, Roman wall and historic waterfront.
Great days out might include a flutter at Exeter Racecourse or a meander round the lovely nearby maritime town of Topsham, while further afield you have your pick of beautiful South Devon beaches and the magnificent unesco World Heritage Jurassic Coast.
Families can choose from a wide selection of local nurseries and schools, many of which are rated Good or Outstanding by Ofsted.
For active pursuits, head to Exeter’s Quay Climbing centre or Go Ape! At Haldon Forest, where scenic woodland trails can also be explored by foot or bike.

Financial Breakdown:
Full market value: £295,000
25% share value £73,750
5% deposit: £3,687.50
Rent charged on un-owned share @ 2.75%
Rent on un-owned share (75%) £507.03
Estimated monthly service charge: £51.31

What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 10% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright.
Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Buyers must have a Devon connection, please contact us to discuss exactly what this is.

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