1 bed flat for sale

Retail Park Close, Exeter, Devon EX2

Shared ownership 1 bedroom apartment is available to purchase at a 40% share of £60,000 with a minimum 5% mortgage deposit of £3,000 Call today to arrange your appointment to view.

Offered on a 40% shared ownership basis with LiveWest and with approximately 103 years remaining on the lease, this well-presented flat provides an excellent opportunity for first-time buyers or those looking for an affordable step onto the property ladder.

The property features a bright and spacious open-plan lounge, diner and kitchen, thoughtfully designed to maximise space and natural light. A large window forms an attractive focal point to the living area, creating a light and welcoming atmosphere that is ideal for relaxing.

The accommodation also includes a generous double bedroom, along with a modern bathroom and practical storage, making the flat perfectly suited for comfortable day-to-day living.

Externally, residents benefit from off-street parking, providing convenience and peace of mind.

Combining modern open-plan living with the flexibility of shared ownership, this property represents a fantastic opportunity for buyers seeking a stylish, low-maintenance home in an accessible and affordable package.

Example:
Full Market Value: £xxx, xxx
40% Share Price: £60,000
Rent on un-owned share £175.09 pcm
Estimated estate charge £109.77 pcm

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.