3 bed town house for sale

Long Heath Rise, Tithebarn, Exeter EX1

Property located in Long Heath Rise, Tithebarn, Exeter

Shared Ownership – Three-Bedroom Homes at Long Heath Rise, Exeter

Three-bedroom homes available through Shared Ownership in Exeter, with shares starting from 10%.

An excellent opportunity to purchase a modern, three-bedroom home at Long Heath Rise, Exeter, through the Shared Ownership scheme with bcha.

All three properties are the Cavanna Chinkwell house type, offering approximately 106m2 of accommodation arranged over three storeys. Designed to accommodate up to six people, these homes provide versatile living space suitable for a range of buyers.

Each property benefits from two street parking spaces and is offered without a garage. The homes also include an integrated fridge freezer, washing machine, and oven and hob. Bcha will additionally provide carpets as a gift, helping buyers settle into their new home.

Property Features

- Three-bedroom, three-storey home
- Cavanna Chinkwell house type
- Approximately 106m2 of accommodation
- Designed for up to six people
- Two street parking spaces
- Integrated fridge freezer and washing machine
- Oven and hob included
- Carpets provided as a gift by bcha
- Available through Shared Ownership
- Minimum share available: 10%
- Maximum share available: 75%

Plot 15 – 2 Long Heath Rise, Exeter, EX1 4BN
Full market value: £370,000
25% share: £92,500
10% share: £37,000
75% share: £277,500

How Shared Ownership Works

Shared Ownership offers eligible buyers the opportunity to purchase a share of a property rather than its full market value. Buyers purchase an initial share of between 10% and 75%, with the price calculated from the property's full market value.

Buyers will generally pay rent on the remaining share owned by the housing provider, in addition to any applicable service charges. The exact rent, service charges, mortgage requirements and scheme conditions should be confirmed before proceeding.

Important Information for Buyers

bcha operates a first-come, first-served nomination process. Interested buyers must Complete bcha's application form and submit it to Censeo, the mortgage company, before undertaking the affordability assessment. Censeo records the relevant completion dates and times, which bcha uses to determine nominations. The precise allocation procedure is subject to final confirmation.

There is no Chinkwell show home available to view on site. Marketing information will therefore include computer-generated images (CGIs) and floor plans to help buyers understand the property's proposed layout and design.

The carpets are being provided by bcha as a gift rather than as a standard housing association inclusion, so they fall outside the usual defects and repairs process.