Detached house for sale in Chudleigh Road, Alphington, Exeter, Devon EX2

Get on the property ladder and into a brand new energy efficient 4 bedroom home with Shared Ownership at Heritage Green, Alphington, Exeter.

Plot 77- The Peyton is a stunning detached home benefitting from a garage, driveway with 2 parking spaces.

Available to purchase at a 30% share for £151,500 with a 5% deposit of £7,575 (Full market value £505,000).

The Peyton is an expansive 4-bedroom detached house perfect for family life. The spacious, open-plan kitchen/diner makes the perfect family hub, featuring impressive worktop space with breakfast bar, and bi-fold doors leading out to a well-proportioned garden.
The ground floor also offers a large, sociable living room, cosy study and practical WC/utility cupboard.
Upstairs there’s 4 excellent bedrooms and a stylish family bathroom suite – bedroom 1
benefits from a stunning tiled en-suite and fitted wardrobe, Bedroom 2 is a bright, roomy double, and bedrooms 3 and 4 make ideal child/guest bedrooms, with potential for a second home office.

Features:
• Stunning open plan kitchen/dining room
• Bi-folding doors leading to private garden
• Spacious separate living room
• WC/utility
• Ground floor study
• En-suite to bedroom 1
• Integral wardrobe to bedroom 1
• Stylish fitted kitchen including integrated oven, hob, extractor hood, fridge/freezer and washer/dryer
• Garage, driveway with 2 parking spaces
• Carpet & Karndean flooring throughout
• Solar panels

Financial Breakdown:
Full market value: £505,000
30% share value £151,500
5% deposit: £7,575
Rent charged on un-owned share: 2.75%
Rent on un-owned share (70%) £810.10
Estimated monthly service charge: £45.50

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 Shared
Ownership homes, ideal for growing families and first time buyers alike.
You’ll have access to good local amenities including supermarkets and a primary school.
Exeter City centre is 11 minutes’ drive providing a great selection of education, retail, employment, sport, and leisure opportunities.
The beautiful Dawlish Warren Beach, Haldon Forest Park, and magnificent Dartmoor
National Park are also nearby, with miles of paths and trails for walking, running, cycling,
observing nature and much more!

The first properties are expected for completion Spring 2024.

About sng
sng (Sovereign Network Group) is one of the largest housing associations, providing over 82,000 homes in areas facing some of the most acute housing need across London and the South of England, with an ambition to build an additional 2,500 homes a year by 2026. It was formed on 1 October 2023 through the bringing together of Sovereign Housing Association and Network Homes.
Sng is a leading builder of affordable homes, including for social rent, and it has a clear pathway to maximise its social and environmental sustainability through its ambitious Homes and Place Standard alongside its planned £100m Community Foundation.
Sng is a member of the G15 group of London’s largest housing associations. The G15 is the collective voice of some of the leading organisations in the housing sector. Its members house one in ten Londoners and are the largest providers of affordable homes in the capital, building a quarter of all London’s new homes, and owning or managing more than 600,000 homes

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