Key features
Property Features
Description
STUNNING FIRST-TIME BUYER OPPORTUNITY! A stylish and immaculately presented three-bedroom semi-detached home available on a 40% shared ownership basis, boasting a bright open-plan kitchen/diner, private low-maintenance garden, and double-length driveway, all set in the highly sought-after Roundswell location.
Details
The ground floor features a spacious and well-proportioned living room, finished with neutral décor and plenty of natural light, creating a warm and inviting space for relaxing or entertaining. To the rear, the property benefits from a contemporary open-plan kitchen/dining room, fitted with a range of modern units, integrated appliances, and ample worktop space. The dining area provides direct access to the rear garden, enhancing the home’s practicality and flow. A convenient ground floor WC completes the downstairs accommodation.
Upstairs, the property offers two generous double bedrooms and a third single bedroom, ideal as a nursery, home office, or guest room. The main bedroom is particularly well-sized, while the second bedroom comfortably accommodates a double bed. A modern family bathroom is fitted with a clean white suite, including bath with shower over, WC, and wash basin.
The home further benefits from useful storage throughout, including cupboard space, an NHBC warranty remaining, and is presented to a high standard, ready for immediate occupation.
Local Connection Requirement:
Applicants must have a local connection to North Devon.
Purchasing Options:
If eligible, you may increase your share in the property over time.
Shared Ownership is a Part Buy, Part Rent scheme that helps you get on the property ladder with a smaller upfront payment. You purchase an initial share of your home using a mortgage from a bank or building society, while paying a subsidised rent on the remaining share. In most cases, the combined monthly mortgage and rent is less than the cost of buying a similar property outright. Over time, you can purchase additional shares (known as staircasing) until you own your home outright at 100%.
Additional Cost:
Reservation fee: £500 (Once completed, £500 is added to your rent account)
Please be aware that Shared Ownership purchases may involve additional legal fees during the conveyancing process. Your solicitor will be able to provide advice on these.
Remaining lease term is 119 years
If a buyer purchases the 100%, this lease term will fall away on completion
Full Market Value: £300,000
40% Share Price £120,000
Monthly rent = £375.76
Monthly Service Charge = £34.99
Monthly Buildings Insurance = £15.64
Monthly Reserve fund payment £1.00
Total: £427.39
Living Room
3.91m x 4.90m (12’9″ x 16’0″)
Open Plan Kitchen Diner
4.14m max x 4.93m (13’6″ max x 16’2″)
WC
1.97m x 1.21m (6’5″ x 3’11”)
Landing
3.49m x 1.95m (11’5″ x 6’4″)
Bedroom 1
3.18m x 2.90m (10’5″ x 9’6″)
Bedroom 2
4.17m x 2.79m (13’8″ x 9’1″)
Bedroom 3
2.54m x 2.21m (8’3″ x 7’3″)
Bathroom
1.88m x 2.04m (6’2″ x 6’8″)
Storage Cupboard
Boiler Cupboard
Driveway
Externally, the property enjoys a double-length driveway providing off-road parking for multiple vehicles. To the rear, the garden has been thoughtfully designed for ease of maintenance, featuring a combination of patio and lawn, making it ideal for outdoor dining, entertaining, or relaxing. A covered seating area adds further versatility, allowing year-round use.
Situated within the ever-popular Roundswell development, the property is perfectly positioned for convenient everyday living, with a range of nearby amenities including supermarkets, local shops, schools, and leisure facilities. Barnstaple town centre is just a short drive away, offering a wider selection of retail, dining, and entertainment options, along with access to the Tarka Trail and scenic riverside walks. The North Devon Link Road is easily accessible, providing excellent transport connections towards Exeter and beyond, while the stunning North Devon coastline, including Instow, Saunton, and Croyde, is within easy reach for weekend outings.
