£120,000
4 bed terraced house for saleVernon Crescent, Exeter EX2
4 beds
2 baths
1 reception
About this property
40% shared ownership available for £120,000
Spacious four bedroom home arranged over three floors
Modern kitchen/dining room
Generous living room overlooking the garden
Separate first floor study
Well-presented and versatile living space
Allocated parking
Enclosed rear garden with patio and lawn
Level access
A spacious four bedroom home available with a 40% shared ownership opportunity. Set across three floors, this well-designed property offers versatile living space, a modern kitchen/dining room, separate study, private garden, and excellent accommodation for families or those working from home.
Description
Offered for sale on a 40% shared ownership basis at £120,000, this generously proportioned four bedroom home enjoys a practical and flexible layout arranged over three floors.
The ground floor features a modern kitchen/dining room positioned at the front of the property, creating an ideal space for everyday family living and entertaining. To the rear, the spacious living room overlooks and provides access to the enclosed garden, while a convenient cloakroom/WC is located off the entrance hall.
On the first floor, there are two well-sized bedrooms, a family bathroom, and a separate study, offering an excellent space for home working, hobbies, or additional storage. Stairs rise to the second floor where two further bedrooms provide comfortable and versatile accommodation.
Outside, the rear garden benefits from a generous patio area perfect for outdoor dining, alongside a lawned section ideal for families and gardening enthusiasts.
This attractive home presents an excellent opportunity for buyers seeking spacious accommodation through a shared ownership scheme.
Agents Note
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Remaining Lease: 112 years
This property is currently under shared ownership in conjunction with LiveWest who have criteria for any purchase, the advertised price is for the sellers 40% share.
£450.01 per month is paid to the Housing Association as rent for the retained share with a buildings insurance payment of £16.31 per month. Total monthly payment excluding rent £16.31. Please contact LiveWest for guidance on purchase requirements.
There are restrictions regarding sub-letting and holiday home use. Please enquire with the Branch.
Entrance Hall
Wall mounted radiator.
Downstairs Wc
Under stairs cloakroom with low level toilet, wash hand basin, wall mounted radiator.
Living Room
Double glazed rear aspect window and door to garden, wall mounted radiator.
Kitchen/ Diner
Double glazed front aspect window, wall and base units, work surfaces, sink unit, boiler, oven and gas hob, space for dish washer, washing machine and fridge freezer.
First Floor Bedroom 2
Double glazed rear aspect window, wall mounted radiator.
Bedroom 4
Double glazed front aspect window, wall mounted radiator.
Study/ Store
A useful office or storage area. Wall mounted radiator.
Bathroom
Double glazed rear aspect window, bath with electric shower over, low level toilet, wash hand basin, wall mounted radiator.
Second Floor Landing
Storage cupboard.
Bedroom 1
Double glazed front aspect window, wall mounted radiator.
Bedroom 3
Double glazed rear aspect window, wall mounted radiator.
Rear Garden
Large lawn and patio area, enclosed by fencing.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Mortgage calculator
£600 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (112 years)
Service charge
Council tax band
D
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£450 per month



.png)