2 Bed Apartment, Meadow Acre Road

Shared Ownership resale

£78,750

Based on buying a 45% share

Gittisham, EX14 3FE

  • 2
  • 1
  • 1

Features

  • Spacious ground floor apartment
  • Modern fitted kitchen
  • Two generous sized bedrooms
  • Allocated parking
  • Great transport links

Extra information

  • Lease time remaining - 120 years
  • Council tax band - B

Description

Generously sized 2 double bedroom modern home ideally situated on the edge of the East Devon Area of Outstanding Natural Beauty. 

The area is very quiet and only a few minutes drive from all of the local amenities.  Honiton High Street boasts a range of independent shops and places to eat.

This superb home benefits from 

- Open-plan kitchen/living/dining space

- Stylish fitted kitchen with oven, hob + extractor

- Convenient built-in storage

- Bike storage

- Allocated parking space

The location has fantastic transport links to Exeter, Bristol and London as well as being on the edge of the Blackdown Hills and the Jurassic Coast. 

Exeter airport is located 15minutes drive away and has regular flights to many European destinations and UK Cities. 

The Honiton train line goes directly to Waterloo.

Monthly cost of ownership

  • Estimated mortgage payment £424.78
  • Service charge £101.63
  • Estimated monthly rent £269.04
  • Estimated monthly total £795.45

If these figures are blank, the costs may not yet be known. This calculator starts by calculating a 95% mortgage value - based on a 5% deposit requirement, and with a mortgage interest rate of 5.5% over 30 years. Your IFA will talk to you about how interest rates can be fixed, often for two years at a time. The figures and information provided by this tool are for illustration purposes only. Rent and services charges are subject to change and should be confirmed by the sales consultant. Your home may be repossessed if you do not keep up repayments on your mortgage.

Find out how Shared Ownership works

Read our seven simple steps to buying a home with Shared Ownership

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Location


Becky and Steven's story

Becky and her family had outgrown their two-bedroom flat in Liden, near Swindon in Wiltshire. They longed to have more space, and a garden for their two daughters to run around in. Shared ownership gave them the opportunity to buy their own house at Sovereign Living’s Badbury Park development in Swindon, without having to provide a huge lump sum deposit upfront.

Read more
Becky and Steven in their new shared ownership home
Our plans are to make memories together – and, of course, to buy more shares of our house until we own it 100%

Becky & Steven

FAQs